Posts with tag: computer science
Chewy founder Ryan Cohen's Alibaba stake has grown to $1 billion, according to reports. Cohen, who is also the CEO of GameStop, has reportedly been in talks with Alibaba. In 2022, Cohen made $68 billion by selling his stake in Bed Bath & Beyond.
Published on: February 22, 2025, 12:00 AM UTC
Despite a strong US economy, a recent sell-off in stocks and bonds suggests that investors may be becoming wary of potential risks to the US growth story, including rising inflation, weaker consumer sentiment, and geopolitical uncertainties.
Published on: February 21, 2025, 11:00 PM UTC
Gold prices surge on safe-haven demand amid trade tensions and geopolitical uncertainty, with potential for further gains driven by central bank buying and market volatility.
Published on: February 21, 2025, 08:00 PM UTC
Decoding Retirement podcast: Strategies for young adults in their 20s and 30s to balance student loan repayment with retirement savings, investment approaches, and tips for preparing for retirement.
Published on: February 21, 2025, 07:01 PM UTC
Walmart stock plunged 6.23% on Thursday after the retailer issued a weak 2025 outlook. Despite the sell-off, analysts remain bullish on Walmart, citing its strong market position and growth potential in key areas such as marketplace, fulfillment, and advertising.
Published on: February 21, 2025, 04:03 PM UTC
Germany's private sector output improved, led by a slowdown in the decline of manufacturing new orders. The composite PMI rose to 51 in February, indicating growth above the 50 threshold. Despite this improvement, the outlook remains subdued due to potential US trade tariffs and structural challenges.
Published on: February 21, 2025, 09:00 AM UTC
China's SAIC to work with Huawei on new electric intelligent vehicles
Published on: February 21, 2025, 08:00 AM UTC
Asian markets make gains against Wall Street losses, buoyed by optimism in Chinese stocks and AI advancements.
Published on: February 21, 2025, 03:00 AM UTC
Citigroup will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo on Thursday.
Published on: February 20, 2025, 09:00 PM UTC
Defense Secretary Pete Hegseth plans to reduce projected US military spending by 8% over the next five years, with some exceptions including border enforcement, nuclear weapons modernization, and air force drone programs.
Published on: February 20, 2025, 08:00 PM UTC