Tag: AI

Posts with tag: AI

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Apple Nears Indonesia Investment Deal That May End iPhone 16 Ban

Indonesia and Apple in talks to lift sales ban on iPhone 16

Gold Nears Record High as Trump Tariff Threats Stoke Risk Aversion

Gold hovers near record as Trump's trade threats spur haven demand

Asian Refiners Face Pressure Amid US Sanctions on Russia

Asian oil refiners are cutting run rates or considering it as the impact of US sanctions on Russia ripple through the market, with Chinese teapots and merchant processors in Singapore and South Korea being the most affected.

Tech Stocks Lead Market Higher After Netflix, AI-Related Earnings Surge

Tech stocks surged on Wednesday, driven by a record high for Netflix. President Trump's support for AI investments outweighed tariff concerns, pushing the Nasdaq Composite up nearly 1.3%. The S&P 500 climbed over 0.6%, approaching its record high, while the Dow Jones Industrial Average gained 0.3%.

Netflix Beats Estimates, Surges 10% as NFL Games, 'Squid Game' Help Boost Subscribers

Netflix stock soars to all-time high after Q4 earnings beat expectations, adding 18.9 million subscribers. Revenue and EPS also exceed estimates, driving stock price up nearly 10%. Company announces $15 billion stock buyback and boosts full-year revenue outlook.

PepsiCo CEO: We're Ready to Quit Artificial Colors, but We Need Your Help

PepsiCo CEO Ramon Laguarta seeks to address concerns from the Trump administration and health advocates about the food industry and artificial colors, while facing pressure from slowing sales and unfavorable market conditions.

Live Oak Bancshares Q4 Net Income $9.9M

Live Oak Bancshares reports $9.9 million net income in Q4, beating revenue estimates with $243.2 million and net revenue of $128.1 million.

US Extends Comment Period on LNG Exports Study

The U.S. extends the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export business after advisers urged President Donald Trump to take a patient approach to prevent approvals from getting overturned in court.

Executive Orders Signed by President Trump on His First Day in Office

President Donald Trump has signed a flurry of executive orders in his second term, reversing many of his predecessor Joe Biden's policies on immigration, energy, and diversity. These include pardons for Jan. 6 defendants, a temporary halt to the TikTok ban, and a withdrawal from the Paris Agreement.

Venture Global Slashes IPO Valuation Amid Investor Concerns

Venture Global LNG cuts IPO valuation by 40% as investors question profitability