Latest line: A good week for Nvidia, a bad week for Sheng Thao

Nvidia

Santa Clara chip maker becomes the world’s most valuable company, as its soaring stock price sends its market cap to $3.3 trillion, past Apple and Microsoft, amid high demand for its chips in artificial intelligence.

 

 

 

Sheng Thao

Opponents qualify a recall election against the Oakland mayor, and two days later, FBI agents raid her house and the homes of a family that owns a recycling company investigated over campaign contributions to her.

 

 

 

Jon Coupal

President of the Howard Jarvis Taxpayers Association loses big as state Supreme Court removes a measure from November ballot to make it harder to raise taxes. But he says another may be back in two years.

 

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