Posts with tag: architecture
Ford CEO Jim Farley slams Trump's tariffs, calls for fairness for all automakers in the industry.
Published on: February 06, 2025, 04:01 PM UTC
Elon Musk's legal battle with OpenAI CEO Sam Altman over the future of the AI company could last until 2027. The dispute centers around Musk's claims that OpenAI is prioritizing profits over its non-profit mission, while Altman alleges that Musk wanted to merge OpenAI into Tesla.
Published on: February 06, 2025, 03:03 PM UTC
US stocks rebounded from losses on Wednesday to close higher, boosted by a jump in Nvidia shares. Earnings from Alphabet and AMD fell short, but Big Tech got a boost from Nvidia's rise. The tech-heavy Nasdaq rose 0.2%, while the S&P 500 added 0.4%. The Dow Jones Industrial Average led gains, rising 0.7%. Alphabet's stock fell due to missed cloud revenue estimates, while Nvidia benefited from potential AI spending by Alphabet. Treasury yields declined, with the 10-year Treasury yield dropping nine basis points. AMD's earnings raised concerns about AI momentum, and it saw a price drop of 6%. The US-China tariff trade, Trump's Gaza comments, and interest rate sensitive sectors led by real estate and utilities rounded out the market update.
Published on: February 06, 2025, 07:02 AM UTC
Asian equities rise following gains on Wall Street; Japanese yen strengthens. US futures are steady after a second day of gains for the S&P 500 and Nasdaq 100. Treasuries are stable after rallying overnight.
Published on: February 06, 2025, 05:00 AM UTC
Globe Life Inc. (GL) announced Q4 profit of $255.2 million, topping analysts' expectations of $3.10 per share. Annual earnings reached $1.07 billion, with revenue of $5.8 billion.
Published on: February 05, 2025, 10:08 PM UTC
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Published on: February 05, 2025, 05:00 PM UTC
Chipotle Mexican Grill misses revenue estimates as tariff concerns weigh on shares.
Published on: February 05, 2025, 04:04 PM UTC
Top analysts downgrade AMD and Spotify; Robinhood, CoStar, and Opera initiated
Published on: February 05, 2025, 03:04 PM UTC
AMD shares plunge 9% in Europe after CEO predicts decline in data center sales, a key revenue source for the chipmaker's AI sector.
Published on: February 05, 2025, 08:00 AM UTC
Fox to Enter Competitive Streaming Marketplace, Target Cord-Cutters
Published on: February 04, 2025, 06:02 PM UTC