Posts with tag: automation
Atlassian shares jump 16% after projecting strong Q3 revenue and raising FY revenue forecast, fueled by demand for AI-enabled cloud services.
Published on: January 30, 2025, 10:05 PM UTC
Tesla aims for growth rebound in 2025, despite Q4 revenue miss and profit decline. FSD (Full Self-Driving) expansion and new vehicle plans unveiled.
Published on: January 30, 2025, 04:05 PM UTC
Fed Chair Powell Maintains Neutral Stance Amidst Trump's Executive Orders, Noting Uncertainty Surrounding Tariffs and Inflation.
Published on: January 30, 2025, 04:03 PM UTC
Byju's executive and ally found in contempt of court, face $25,000 daily fine for asset stripping in US
Published on: January 30, 2025, 03:00 PM UTC
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories as the automaker pushes to slash $2.6 billion in costs globally.
Published on: January 30, 2025, 02:00 AM UTC
Wolfspeed reports better-than-expected Q2 earnings, driven by demand for silicon carbide chips in electric vehicles, renewable energy, and data centers.
Published on: January 29, 2025, 11:08 PM UTC
Wabash National Corp. reports a Q4 loss of $1 million, or 2 cents per share, on revenue of $416.8 million. For the year, the company reports a loss of $284.1 million, or $6.40 per share, on revenue of $1.95 billion. Wabash expects full-year earnings to be 85 cents to $1.05 per share, with revenue in the range of $1.9 billion to $2.1 billion.
Published on: January 29, 2025, 01:10 PM UTC
Tech stocks rally after a sell-off sparked by concerns over a Chinese AI startup, with Nasdaq and S&P 500 rebounding. Nvidia shares soar, recouping part of Monday's steep decline. Investors await the Federal Reserve's policy decision and monitor President Trump's trade stance.
Published on: January 29, 2025, 12:03 PM UTC
Despite strong results from rivals, LVMH's sales growth underwhelms, leading to a decline in shares.
Published on: January 29, 2025, 08:00 AM UTC
The Nasdaq and S&P 500 rebounded on Tuesday, following a tech sell-off due to concerns over a cheaper AI model from Chinese startup DeepSeek and fears over US leadership in AI. Nvidia, an AI chip giant, surged 8%, recovering from a steep decline in the previous session. The tech-heavy Nasdaq Composite gained over 2%, while the S&P 500 rose 1%. Investors also focused on Big Tech earnings this week, including reports from Apple, Tesla, Meta, and Microsoft, as well as President Trump's tariff policies ahead of the Federal Reserve's interest rate decision on Wednesday.
Published on: January 28, 2025, 09:01 PM UTC