Tag: coding

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Salesforce CEO Slams Microsoft's AI Capabilities

Salesforce CEO Marc Benioff slams Microsoft's AI efforts, while Microsoft's Satya Nadella takes a swipe at Salesforce's business applications. Benioff's AI bots are gaining traction, but some analysts remain skeptical.

Carlyle co-founder David Rubenstein on salary cap, Trump policies, and Biden’s legacy

Baltimore Orioles owner and billionaire Carlyle Group co-founder David Rubenstein discusses the potential for a salary cap in Major League Baseball, the impact of the Trump administration on business, and his thoughts on President Biden's legacy.

Nvidia Jumps 4% as Trump Announces $500B AI Infrastructure Project

Nvidia stock surges over 4% on massive AI infrastructure project

Ally Financial Soars as Earnings Beat, Margin Widens

Ally Financial reports strong Q4 earnings with net income jumping 74% and net interest margin beating expectations. Shares surge as much as 8.7%, boosted by optimism and a deal to offload its credit-card business.

Venture Global Cuts IPO Range, Lowering Market Value Target

Venture Global reduces IPO pricing range, targeting $65 billion market cap

European Industrial Stocks Surge on AI Investment Push

European industrial stocks surge on U.S. AI investment, reaching record highs for companies like Schneider Electric and Prysmian due to their involvement in AI infrastructure development and acquisition strategies.

U.S. IPO Market Opening Up After Election, NYSE Says

US IPO market opens up after election, says NYSE President

Abbott Forecast Misses Estimates, Shares Dip in Premarket

Abbott Labs' Q4 sales miss estimates; Q1 profit forecast below expectations

Novacap Closes $1 Billion Fund for Digital Infrastructure Investments

Canadian private equity firm Novacap Investments Inc. has closed a $1 billion fund to invest in digital infrastructure assets. The fund is targeting about 10 regional companies that sell connectivity and data access services, with a strategy to invest as much as $100 million in each.

Citi Raises 2025 Oil Outlook On Geopolitical Risks

Citi has raised its 2025 oil price forecast due to geopolitical risks in Russia and Iran, with Brent crude expected to average $67 per barrel.