Tag: adventure

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Apple Q1 Earnings: iPhone Revenue Misses, Greater China Sales Softer

Apple Q1 earnings beat expectations but iPhone revenue falls short; China sales disappoint

Swiss Court to Deliver Verdict in Landmark Trafigura Corruption Trial

Swiss judges to rule in Trafigura corruption trial involving alleged Angolan bribes

DeepSeek Shakes Up Tech: Microsoft, Meta Back AI Infrastructure Spending Despite AI Breakthrough

DeepSeek AI's impact on Big Tech earnings: Meta and Microsoft remain bullish on AI spending amid market frenzy.

Chinese State Media Amplifies Narrative About Rise of Chinese AI Startup DeepSeek

Chinese state media amplified narratives celebrating the launch of AI startup DeepSeek, promoting the idea of China challenging US dominance in the AI sector. The activity highlights China's ability to mobilize actors to promote its interests online.

Asian Equities Drop, Futures Climb on Apple Results

Asian markets declined on Friday due to pressure from technology companies. Despite gains in Australian equities, a gauge of Asian shares fell after two days of advances. Futures for the S&P 500 and Nasdaq 100 rose after strong results from Apple Inc. and gains in mega-cap tech companies. However, Nvidia shares remained on track for their worst week since September. In the foreign exchange market, the currencies of Mexico and Canada weakened after President Trump threatened to impose tariffs on imports. Gold and oil prices rose, with the PCE index expected to show a slight pickup in inflation.

SEC Approves ETF for Bitcoin and Ethereum

The SEC has approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies, Bitcoin and Ethereum.

UPS Cuts Amazon Deliveries, Prioritizing Profitability Over Volume

UPS is cutting back on deliveries for Amazon, sending its stock tumbling. The company says the move is part of an overall shift to drive profitability long term.

Walgreens Suspends Dividend for First Time in 92 Years

Walgreens Boots Alliance Inc. has suspended its quarterly dividend to conserve cash as the pharmacy chain attempts to revive its business.

Wall Street Relieved as Tech Giants Downplay DeepSeek AI Threat

DeepSeek challenges Big Tech AI dominance; Meta, Microsoft remain bullish on infrastructure investments

Trump's Tariffs: Impact on Trade, Inflation, and the Fed

Trump aims to overhaul the US trade approach through tariffs. As the Feb. 1 deadline nears, uncertainty remains for businesses and global partners. Meanwhile, the potential impact on inflation could influence the Fed's interest rate decisions.