Posts with tag: AI
SoftBank's AI ambitions face a challenge from DeepSeek's cost-efficient AI model, raising questions about massive AI infrastructure spending necessity. DeepSeek may trigger a near-term market correction for SoftBank and other AI stocks, shifting focus to monetization, which could take years. Despite analyst bullishness with a 30% gain projection, concerns linger, including Stargate's potential negative impact on profitability and DeepSeek's implications for AI economics.
Published on: February 14, 2025, 12:01 PM UTC
U.S. stock index futures pause on Friday as investors await more clarity on U.S. President Donald Trump's reciprocal tariff plans
Published on: February 14, 2025, 11:01 AM UTC
Euro-area economy eked out growth of 0.1% in Q4 2022, revised up by Eurostat. Despite mixed performances across major economies, ECB expects recovery in 2024.
Published on: February 14, 2025, 11:00 AM UTC
Published on: February 14, 2025, 10:00 AM UTC
Indian Prime Minister Narendra Modi and SpaceX CEO Elon Musk discussed innovation, space exploration, sustainable development, entrepreneurship, and good governance during their meeting in the U.S. Musk's Starlink satellite internet service faces regulatory challenges in India, while Tesla awaits entry into the country's auto market.
Published on: February 14, 2025, 10:00 AM UTC
Spanish telecom Telefonica hires JPMorgan to sell its Mexican business
Published on: February 14, 2025, 08:00 AM UTC
GameStop (GME) stock jumped on news of potential crypto investments, following a tweet from CEO Ryan Cohen.
Published on: February 14, 2025, 05:01 AM UTC
US futures fluctuated after President Trump signed his plan for reciprocal tariffs but delayed their implementation until April for negotiation. Inflation concerns remain high with retail sales data set for release Friday.
Published on: February 14, 2025, 01:01 AM UTC
Pacific Biosciences of California Inc. (PACB) reported a fourth-quarter profit of $3.6 million. Losses, adjusted for one-time gains and costs, came to 20 cents per share. The results met Wall Street expectations.
Published on: February 13, 2025, 10:09 PM UTC
President Donald Trump signs reciprocal tariffs plan, delaying implementation for negotiations with impacted nations. The move aims to address fairness and balance in international trade, targeting non-tariff barriers and value-added taxes.
Published on: February 13, 2025, 10:02 PM UTC