Posts with tag: copywriting
Nextracker (NXT) Q4 Results: Revenue Beat, EPS Surges 74%, Guidance Raised
Published on: January 28, 2025, 10:04 PM UTC
A growing number of consumers owe more on their car loans than their vehicles are worth. This is known as being "upside down" on a car loan. In the fourth quarter of 2024, 24.9% of trade-ins toward new-car purchases had negative equity, up from 20.4% in the fourth quarter of 2023. The average amount owed on upside-down auto loans is $6,838, an all-time high. Some 1 in 4 consumers with negative equity owe more than $10,000 on their loans when they're trading in their car or truck for a new set of wheels.
Published on: January 28, 2025, 12:05 AM UTC
ServisFirst Bancshares Inc. (SFBS) reported fourth-quarter profit of $65.2 million ($1.19 per share) on revenue of $252.7 million. For the year, the company reported profit of $227.2 million ($4.16 per share) on revenue of $481.7 million.
Published on: January 27, 2025, 10:08 PM UTC
DeepSeek, a Chinese AI startup, has introduced reasoning models comparable to OpenAI's, sparking a global sell-off in tech stocks and raising concerns about US chip restrictions. DeepSeek's models outperform on industry benchmarks and cost significantly less to train, using fewer GPUs than US firms.
Published on: January 27, 2025, 07:04 PM UTC
US bond yields plunge, haven currencies surge as tech shares slump
Published on: January 27, 2025, 11:00 AM UTC
President Trump's executive order on global minimum tax eases a potential tax headache for tech giants relying on R&D tax credits, like Meta, Google, Amazon, and Tesla.
Published on: January 24, 2025, 07:02 PM UTC
Meta ramps up AI spending, plans massive data center and launch of Llama 4 foundation model.
Published on: January 24, 2025, 05:02 PM UTC
Marshall Group AB, known for its iconic guitar amplifiers, has agreed to be acquired by HongShan Capital Group in a deal valued at $1.1 billion, with the founding Marshall family retaining a minority stake.
Published on: January 24, 2025, 01:05 PM UTC
President Trump signs executive action to establish clear regulation for digital assets, evaluate a national digital asset stockpile, and prohibit CBDCs.
Published on: January 24, 2025, 10:01 AM UTC
US businessman Frank McCourt says he's open to partnering on a bid to buy TikTok's US operations, while maintaining control.
Published on: January 23, 2025, 10:00 PM UTC