Posts with tag: big data
Alternative investment firm Arcapita Group Holdings is considering setting up a real estate investment trust (REIT) to house its Middle Eastern property assets, worth at least $1 billion.
Published on: January 28, 2025, 08:01 AM UTC
Former Biden administration adviser Jonathan Lovitz advises small business owners to seek local support amid political uncertainty. Despite federal setbacks, he believes state and local governments are stepping in to support underrepresented communities.
Published on: January 28, 2025, 01:02 AM UTC
Big Tech earnings growth concerns spark market sell-off, raising questions about the driving force behind the bull market and expectations for 2025.
Published on: January 28, 2025, 12:01 AM UTC
Chinese startup DeepSeek claims its AI assistant uses cheaper chips and less data than leading models, sparking a sell-off in tech stocks as investors question AI demand-driven growth. Nvidia's shares plunged nearly 17%, leading the Nasdaq and S&P 500 lower. Investors flocked to defensive sectors, with the Dow Jones Industrial Average gaining over 0.6%. Big Tech earnings season kicks off this week, with eyes on future profit guidance amid DeepSeek's impact on revenue prospects.
Published on: January 27, 2025, 10:02 PM UTC
US power stocks tumbled Monday after Chinese AI start-up DeepSeek unveiled a new competitive AI model, raising concerns over US companies' AI spending.
Published on: January 27, 2025, 10:02 PM UTC
China's industrial profits fell for a third consecutive year in 2024, highlighting economic challenges and the need for government support amid US tariff threats.
Published on: January 27, 2025, 02:00 AM UTC
Jaguar Land Rover invests £65 million in bespoke paint services to meet growing demand for personalized high-end vehicles.
Published on: January 27, 2025, 01:00 AM UTC
Warren Buffett, a renowned investor, provides insights into 10 ways poor people waste money and suggests wiser alternatives, such as investing in oneself, avoiding credit card debt, prioritizing quality over quantity, and minimizing unnecessary spending.
Published on: January 26, 2025, 09:00 PM UTC
Elon Musk's close relationship with President Trump could benefit the electric vehicle industry, says Rivian CEO RJ Scaringe.
Published on: January 25, 2025, 02:00 PM UTC
Steelmakers in Canada and Mexico halt US orders amid tariff concerns; Canada’s Stelco pauses sales quotes, while Mexican suppliers also stop taking orders.
Published on: January 24, 2025, 06:05 PM UTC