Posts with tag: algorithm
A wave of Big Tech companies' recent quarterly earnings impacted stock prices. DeepSeek's cheap AI models sparked concerns in the US tech industry, leading to a major loss for Nvidia and discussions among US lawmakers. Tech executives' reactions varied, from embracing DeepSeek to dismissing its significance. Despite uncertainty about AI spending payoffs, companies like Microsoft, Meta, Apple, Google, Amazon, AMD, Qualcomm, and Arm reaffirmed commitments to AI infrastructure investments in 2025, with a cumulative $325 billion planned.
Published on: February 10, 2025, 12:03 PM UTC
BP's share price has fallen 9.3% over the last 12 months, leaving it vulnerable to a takeover bid. The oil giant is set to announce its new strategy on February 26th.
Published on: February 09, 2025, 04:00 PM UTC
Google and Meta back away from diversity hiring targets amid political scrutiny, while Apple, Microsoft, and JPMorgan remain committed despite increasing pressure.
Published on: February 07, 2025, 09:02 AM UTC
Trump's limited Iran sanctions fall short of 'maximum pressure' pledge, analysts say
Published on: February 07, 2025, 08:02 AM UTC
In his confirmation hearing to become the U.S. trade representative, Jamieson Greer faced bipartisan skepticism and concerns about the impact of trade actions on rural communities.
Published on: February 06, 2025, 06:01 PM UTC
US jobless claims rise moderately; labor market remains resilient
Published on: February 06, 2025, 02:04 PM UTC
Oil traders seek waivers on US crude, LNG tariffs, threatening flows to China
Published on: February 06, 2025, 11:00 AM UTC
Mexico's Senate approves Jose Gabriel Cuadra Garcia to the central bank's board, replacing Irene Espinosa. Cuadra, a former Banxico economist, is seen as dovish on interest rates, contrasting with Espinosa's hawkish views. Most economists expect Banxico to cut rates by half a percentage point on Thursday due to cooling inflation and economic slowdown.
Published on: February 06, 2025, 03:00 AM UTC
LiveRamp Holdings reports Q3 net income of $11.2 million, or 17 cents per share, on revenue of $195.4 million. Adjusted EPS was 55 cents.
Published on: February 05, 2025, 10:07 PM UTC
Whole Foods disputes the results of a union election, alleging interference and intimidation by the union. The company also accuses the NLRB of tainting the process by restricting captive audience meetings.
Published on: February 05, 2025, 07:03 PM UTC