Posts with tag: current events
Chrystia Freeland, Canada's candidate for prime minister, suggests collaborating with the US to reshape global trade and lessen China's dominance while standing up to President Trump's administration.
Published on: January 28, 2025, 07:04 PM UTC
New IRS Form 1099-K tracks online income, ensuring more comprehensive reporting. Understand its implications and how to manage it.
Published on: January 28, 2025, 04:06 PM UTC
Founder of DeepSeek, Liang Wenfeng, presents China's AI tech advancements and open-source initiatives to potentially disrupt the global AI landscape following US export controls.
Published on: January 28, 2025, 01:07 PM UTC
GM investors expect strong Q4 results, with revenue of $44.46 billion and adjusted EPS of $1.83. Challenges remain in 2025, including EV growth and geopolitical issues. GM expects 2025 adjusted EBIT to be in a similar range to 2024 results, despite a writedown in its China business.
Published on: January 28, 2025, 01:03 AM UTC
Tesla poised to benefit from renewed AI focus as DeepSeek's advances spark tech rout; Embodied AI seen as key area for growth with potential for millions of Tesla vehicles using self-driving software.
Published on: January 28, 2025, 12:02 AM UTC
Starbucks is striving to brew up a comeback, with Wall Street expecting its first quarter fiscal year 2025 results on Tuesday. Analysts expect revenue to come in at $9.32 billion, compared to $9.43 billion from the year-ago quarter, and same-store sales and foot traffic are projected to decline.
Published on: January 27, 2025, 09:02 PM UTC
GM to Report Q4 Results, Analysts Expect Revenue of $44.46B, EPS of $1.83
Published on: January 27, 2025, 07:01 PM UTC
The Nasdaq plunged by nearly 3% on Monday, led by a sell-off in tech stocks following concerns about US leadership in artificial intelligence (AI) after the emergence of Chinese startup, DeepSeek. Chip-related stocks, such as Nvidia, ASML, and Broadcom, faced significant losses as investors reassessed AI-driven growth prospects. The Dow Jones Industrial Average fell by 0.2%, while the S&P 500 dropped by 1.7%. Economic data releases, including the Chicago Fed National Activity Index and new home sales, are expected today, while investors await earnings reports from companies like AT&T, Nucor, and SoFi.
Published on: January 27, 2025, 03:01 PM UTC
South Africa's rand fell against the dollar due to political tensions and concerns over US tariff threats, leading to outflows from local asset markets.
Published on: January 27, 2025, 01:06 PM UTC
Global stocks fell as Chinese AI startup DeepSeek threatens US dominance; posing a challenge to industry leaders like Nvidia and their valuations.
Published on: January 27, 2025, 09:00 AM UTC