Tag: AI

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EU to Hold E-commerce Platforms Liable for Illegal Products Sold Online

The EU plans to hold e-commerce platforms like Amazon Marketplace liable for unsafe or illegal products sold online, obliging them to provide data and ensure compliance with EU requirements.

Meta Continues Rally on AI Optimism

Meta Platforms shares surge on strong AI strategy, hitting a 10-day winning streak. The company's focus on artificial intelligence has boosted investor confidence, leading to record highs and a 13% gain over the period.

Gold Prices Rise as Tariffs Loom, Goldman Sachs Sees $3,000 Target

Goldman Sachs Reiterates Bullish Call on Gold as Trade Tensions Heat Up

TOP 10 TIPS TO HELP YOU OVERCOME EMAIL OVERLOAD

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Gentex falls short of expectations

Gentex Corp. (GNTX) reported a Q4 EPS of $0.39, below the $0.49 estimate. Revenue was $541.6 million, also missing the $602 million estimate. For the year, the company reported a profit of $404.5 million, or $1.76 per share, on $2.31 billion in revenue. Gentex expects full-year revenue in the range of $2.4 billion to $2.45 billion.

US Stock Futures Climb After Apple Earnings Boost

US stock futures climbed Friday on solid Apple earnings, braced for an inflation report shaping interest rates and looming tariff deadline with Canada and Mexico.

Apple Results: Revenue Forecast Reassures as iPhone, China Sales Dip

Apple's latest financial report shows a mixed performance, with revenue growth in some segments offset by declines in others. The company gave a reassuring revenue forecast for the current quarter, boosting its stock price in premarket trading.

Australia's Central Bank to Cut Rates Next Month

Australia's central bank is widely expected to cut interest rates next month, its first monetary easing in over four years

Trump's Tariffs: Uncertainty Roils Markets Ahead of Deadline

President Donald Trump is aiming to reshape the US trade policy using tariffs. Leading up to his return to office, Trump has threatened tariffs on goods from China, Mexico, Canada, and the European Union. The uncertainty around tariffs has left many in wait-and-see mode, including businesses and world leaders. Trump's pick for Commerce secretary, Howard Lutnick, supports "across the board" tariffs.

Trump's Tariffs: World Leaders in 'Wait-and-See Mode' Ahead of Feb. 1 Deadline

Trump's self-imposed Feb. 1 deadline for tariffs on Canada, Mexico, and China looms, causing uncertainty and weighing on business decisions. Economic experts and world leaders are closely watching the developments as markets anticipate potential impacts on growth and inflation.