Posts with tag: Artificial intelligence
India's central bank cut interest rates for the first time in nearly 5 years, but investors were disappointed by a lack of bolder steps. The Reserve Bank of India lowered the benchmark repurchase rate by 25 basis points to 6.25%, but maintained a neutral stance rather than signaling further cuts. Governor Sanjay Malhotra said the move aims to spur economic growth while keeping inflation in target range, but some analysts expect more rate cuts this year. The RBI also reiterated its commitment to managing currency volatility and providing liquidity to the financial system.
Published on: February 07, 2025, 10:02 AM UTC
Roblox books fall short of estimates, shares plunge 26% premarket
Published on: February 06, 2025, 02:08 PM UTC
Mattel Inc. reports Q4 profit of $140.9 million, topping estimates. Revenue of $1.65 billion missed forecasts. Full-year earnings expected in the range of $1.66 to $1.72 per share.
Published on: February 04, 2025, 10:05 PM UTC
High-deductible health plans can mean thousands in medical bills at the start of the year. Understand how deductibles work, examine invoices for errors, seek help from organizations or financial assistance programs, and prioritize covered care to manage costs.
Published on: February 03, 2025, 03:00 PM UTC
Trump's energy tariff deadline looms, with oil and gas in focus. Will oil be included in the tariffs? How will it impact energy markets? Experts weigh in.
Published on: January 31, 2025, 09:01 PM UTC
ServiceNow's FY25 sales outlook falls short of expectations, focusing on generative AI adoption over near-term revenue from AI tools.
Published on: January 30, 2025, 11:04 AM UTC
Meta Platforms reported strong Q4 earnings, with revenue up over 20% YoY at $48.39 billion and EPS of $8.02, beating analyst estimates. The company is investing heavily in AI, forecasting $39 billion in expenditures in 2024 and $60-65 billion in capital expenditures this year. Meta's shares climbed nearly 5% in after-hours trading.
Published on: January 29, 2025, 11:08 PM UTC
Nvidia (NVDA) stock falls 6% after Bloomberg reports new US chip sale restrictions to China are being considered.
Published on: January 29, 2025, 08:02 PM UTC
Nvidia stock surges in Europe on hopes of recovery after AI-linked sell-off
Published on: January 29, 2025, 09:02 AM UTC
Taiwan to consider aiding domestic industry amid US tariff threats on semiconductors
Published on: January 29, 2025, 03:00 AM UTC