Posts with tag: big data
In 2025, global central banks will take diverse paths, with the US holding rates steady, the eurozone cutting, and Japan continuing to hike. Here's a summary of their current positions.
Published on: January 30, 2025, 03:01 PM UTC
Meta's Reality Labs division continues to rack up losses, totaling over $60 billion since 2020. Despite Zuckerberg's confidence in the metaverse, analysts question its profitability. The division reported a $5 billion loss in Q4, with revenue rising slightly due to hardware sales. Expenses jumped 5% year over year, leading to concerns about the high cost of hardware and the lack of a clear path to profitability.
Published on: January 30, 2025, 08:01 AM UTC
Snowflake CEO: DeepSeek's AI Breakthrough Resets AI Development Landscape, Raises Questions About Cost of Innovation
Published on: January 30, 2025, 07:03 AM UTC
Gov. Kemp proposes limiting lawsuits to lower insurance costs. Reality is more complicated, with potential impacts on business, car insurance, and insurer profits.
Published on: January 30, 2025, 06:00 AM UTC
If you're looking for a new career, consider banking. With a range of jobs offering competitive pay and growth opportunities, banking offers flexibility and stability. Explore the pros and cons, plus learn about six of the best banking jobs and what they entail.
Published on: January 30, 2025, 12:00 AM UTC
Learn how to build an efficient retirement portfolio and make smart investment decisions to ensure a comfortable retirement. Expert insights on asset allocation, diversification, tax strategies, and managing longevity risk.
Published on: January 28, 2025, 10:04 PM UTC
GM CEO Mary Barra says she believes President Trump understands the potential impact of tariffs on the auto sector. GM's stock has fallen 8% since November 25th, as investors worry about the impact of tariffs on the company's profits.
Published on: January 28, 2025, 02:05 PM UTC
Wall Street banks are sounding out investors to sell portions of debt provided to Elon Musk in 2022 to buy Twitter, with a claim on X's interest in Musk's AI startup xAI Corp. as an added incentive.
Published on: January 28, 2025, 02:03 PM UTC
Nasdaq and S&P 500 futures edged up on Tuesday, following a steep stock sell-off spurred by concerns of over-confidence in Big Tech's potential payoff from investments in AI.
Published on: January 28, 2025, 02:02 PM UTC
The Perrodo family, behind European oil giant Perenco, is diversifying its portfolio with investments in real estate, diamonds, and clothing. The family office, BNF Capital, and property developer, Kronos, are leading the diversification efforts. Perwyn Advisors, the family's private equity arm, has invested in businesses such as the European Sperm Bank and online travel agent Cruiseline.
Published on: January 28, 2025, 01:05 PM UTC