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Nvidia Faces Headwinds Amidst AI Competition

Nvidia investors face a challenging start to 2023, with shares underperforming as analysts weigh factors like DeepSeek's potential impact on AI demand and competition from Big Tech companies.

Banks and advisers set for £120m payday from Aviva’s Direct Line takeover

Aviva's £3.6bn takeover of Direct Line will see banks, lawyers and advisers share a £120m payday. Direct Line shareholders will vote on the merger on March 10th.

Merck in Talks to Acquire Springworks Therapeutics for $3 Billion

Merck KGaA in advanced talks to acquire Springworks Therapeutics in a deal that could be signed in the coming weeks, sources say. Springworks has a market value of $3 billion.

Carrier Global Earnings Preview: Key Metrics to Watch

Carrier Global (CARR) earnings preview: Revenue expected to grow 21.9% YoY to $5.26B; adjusted EPS est. at $0.48

Zillow (ZG) Q4 Earnings Report Preview: What to Look For

Zillow (ZG) is set to release Q4 earnings after the bell tomorrow. Analysts expect revenue to grow 15.5% YoY to $547.6 million and adjusted earnings of $0.27 per share. Zillow has a history of beating revenue estimates, so it's worth watching how the stock performs after earnings.

Brazil Plans Tech Tax If Trump Imposes Steel Tariffs

If implemented, Brazil plans to levy taxes on US tech giants like Google, Facebook, Amazon, and Meta should President Trump enact a 25% tariff on steel imports.

MDA Space Expands Globalstar Contract to C$1.1 Billion for Next-Gen Satellites

Canada's MDA Space expands contract with Globalstar for next-gen LEO satellites, bringing total contract value to C$1.1 billion.

MPAA Earnings Top Wall Street Estimates

Motorcar Parts of America (MPAA) reported earnings of $2.3 million for its fiscal third quarter. Revenue came in at $186.2 million for the period.

Rockwell Automation Beats Profit Estimates on Lifecycle Services Demand

Rockwell Automation's Q1 profit beat estimates, with higher demand for its lifecycle services helping boost sales.

Mortgage Repayments Set to Double as Fixed Rates Soar

Mortgage repayments are set to double for millions of homeowners as fixed-rate deals end. Find out how rising interest rates will affect you and what you can do to prepare.