Tag: adventure

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ASE Expects Revenue from Advanced Packaging to Double in 2025

ASE Technology forecasts its leading-edge packaging and testing revenue to surge over $1.6 billion in 2025, driven by soaring demand for AI chips.

Investors Doubt Trump's Tariffs Boosting Economy, Yahoo Finance Survey Finds

President Trump's protectionist trade policy faces doubts from savvy investors, with a Yahoo Finance survey indicating expectations of higher prices and economic damage from tariffs on Chinese imports, steel, and aluminum.

Google Joins the Humanoid Robot Race with $350 Million Funding Round

Google joins $350 million investment in Apptronik, heating up the humanoid robot race

SEBI seeks powers to remove unauthorized financial advice from social media, access call records

India's SEBI seeks powers to remove unauthorized financial advice and access call records from social media platforms to investigate market violations.

US Stocks Slide on Hot Inflation, Fed Rate Cut Bets Fade

US stocks were mostly lower on Wednesday as investors digested a hotter-than-expected January inflation reading and investors pared back bets on Federal Reserve interest rate cuts this year. The Dow Jones Industrial Average (^DJI) dropped 0.5%, while the benchmark S&P 500 (^GSPC) slipped nearly 0.3%. The tech-heavy Nasdaq Composite (^IXIC) finished just above the flatline.

NIH Indirect Cost Cut Threatens Biomedical Research

Federal health research funding in jeopardy as Trump administration cuts NIH indirect costs, sparking lawsuits, industry concerns, and fears of reduced biomedical research and a chilling effect on young researchers.

Reddit Stock Dips After Mixed Q4 Earnings, But Guidance Tops Estimates

Reddit (RDDT) stock sees mixed results in Q4, with revenue beating expectations but earnings missing estimates. Despite a decline in daily active users, guidance for Q1 exceeds analyst projections, driven by advertising revenue growth and AI partnerships.

Musk Withdraws Bid for OpenAI Nonprofit Arm

Elon Musk may abandon his bid to purchase OpenAI's non-profit division if the board agrees to maintain the charity's purpose.

US Stock Futures Edge Higher After Inflation Data

US stock futures rose despite a hot inflation report showing consumer price increases exceeded expectations. Wall Street awaits Thursday's PPI and AirBnB, Roku, Coinbase earnings reports.

Egg Prices Hit Record High, Grocers Absorb Bulk of Increases

Egg prices have skyrocketed due to an outbreak of avian flu, but grocery stores are employing strategies to keep them affordable, such as using eggs as "loss leaders" and offering loyalty discounts. However, with wholesale prices continuing to rise and demand remaining strong, prices are expected to keep increasing, potentially putting a strain on consumer budgets.