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Neoclouds: Nimble Players in the AI Data Center Race

New cloud computing firms like Crusoe, CoreWeave, and Lambda are emerging to meet the specific needs of AI companies, positioning them for a larger role in the tech sector.

Netflix Stock Soars Nearly 10% on Record Earnings and Subscriber Growth

Netflix stock surged nearly 10% after reporting a record 18.9 million new users in Q4, beating estimates. Revenue and earnings also exceeded expectations, with strong gains attributed to live events, price increases, and advertising revenue. The company announced a $15 billion stock buyback and raised its full-year revenue outlook.

Commerzbank Calls UniCredit Approach 'Hostile' as Tensions Boil

Commerzbank calls UniCredit's approach "hostile" as tensions rise over potential takeover bid.

Gap CEO Dickson: Breakup Rumors Buried, Company Focuses on Growth

Gap CEO rejects break-up rumors, focuses on growth and profit after turnaround efforts show success; stock up 30% in the past year.

Samsung's Galaxy S25: AI-Powered Smartphones Unveiled

Samsung's Galaxy S25 series, powered by AI features, debuts with modest hardware updates. The lineup includes the S25, S25+, and S25 Ultra, offering varying screen sizes and camera arrangements. Samsung's AI platform enables cross-app actions, natural language search, and proactive suggestions tailored to multiple devices.

Netflix Raises Streaming Prices in US, Announces Strong Content Pipeline

Netflix raises streaming prices in the US, citing strong content and subscriber growth.

Soybeans Fall as Trump Revives Trade War Fears With China

Soybeans drop in Chicago amid trade war worries after Trump weighs China tariffs

Morgan Stanley to Boost Asia Bonuses by Up to 50%

Morgan Stanley's Top Bankers and Traders in Asia See Significant Bonus Increases

New World Development Faces Credit Crunch, Pledges Assets for Loans

Real estate developer New World Development Co. is pledging some of its most prized assets for loans and brokers are pulling back from financing the company.

Burberry Bets on America to Boost Festive Sales Amid Turnaround Hopes

Burberry aims to revive its brand by focusing on iconic products and targeting the US market. Analysts predict a 12% decline in sales for the festive season, but investors remain optimistic about CEO Schulman's turnaround plan.