Posts with tag: creativity
OpenAI CEO Sam Altman declines Elon Musk's $97.4 billion bid for the organization, seeking a higher valuation. Musk and Altman's past conflicts and OpenAI's complex legal and financial landscape are examined.
Published on: February 11, 2025, 02:03 PM UTC
Germany's gas market manager contemplates subsidies to refill storage sites as Europe faces another supply crunch. Learn about the discussions and the possible launch date of the subsidy.
Published on: February 11, 2025, 12:01 PM UTC
Gold fluctuates after hitting record highs amid global trade war fears, with investors monitoring Fed Chair Powell's testimony for clues on monetary policy.
Published on: February 11, 2025, 11:01 AM UTC
Baidu CEO Robin Li highlights ongoing need for data center and cloud infrastructure investment, despite DeepSeek's efficient AI language models.
Published on: February 11, 2025, 08:00 AM UTC
Medpace Holdings Inc. reported fourth-quarter profit of $117 million, surpassing Wall Street expectations. Revenue was $536.6 million, also topping estimates. Medpace expects full-year earnings to be $11.93 to $12.69 per share, with revenue in the range of $2.11 billion to $2.21 billion.
Published on: February 10, 2025, 10:07 PM UTC
Amkor (NASDAQ:AMKR) falls short of revenue estimates in Q4 '24, with a 7% drop in sales to $1.63 billion. EPS beats estimates at $0.43, but guidance for Q1 '25 disappoints. Despite recent revenue declines, analysts project 8.5% growth over the next 12 months.
Published on: February 10, 2025, 10:04 PM UTC
Morgan Stanley sells $3 billion in loans for X Corp. to repay a loan from Elon Musk's 2022 purchase of a social media platform.
Published on: February 10, 2025, 08:01 PM UTC
US stocks rebounded on Monday, boosted by a potential bounce back in steelmakers after President Donald Trump announced new tariffs on steel and aluminum imports. Investors are closely monitoring Trump's pledge to impose additional tariffs on these materials from all countries, and the market's gains suggest they are adapting to his trade policies. Concerns remain about the potential inflationary impact of these tariffs, but overall sentiment is positive as earnings season kicks off this week with reports from major companies like McDonald's and Coca-Cola.
Published on: February 10, 2025, 06:02 PM UTC
Canada's MDA Space expands contract with Globalstar for next-gen LEO satellites, bringing total contract value to C$1.1 billion.
Published on: February 10, 2025, 02:05 PM UTC
US President Donald Trump orders Treasury Secretary Scott Bessent to cease production of the penny, citing its high manufacturing cost exceeding its face value.
Published on: February 10, 2025, 04:01 AM UTC