Posts with tag: discovery
Markets plunged after investors realized President Trump was serious about imposing hefty tariffs on Canada, Mexico and China. Nasdaq 100 futures dove more than 1.7%, S&P 500 futures spiraled roughly 1.5%, and Dow Jones Industrial Average futures tumbled about 1.3%.
Published on: February 03, 2025, 02:01 PM UTC
U.S. refiners import heavy crude from Mexico, Canada; await Trump tariffs
Published on: January 31, 2025, 11:00 PM UTC
LyondellBasell reports $603 million loss in Q4 due to weak demand in Europe and Asia, despite beating analyst estimates.
Published on: January 31, 2025, 01:00 PM UTC
JSR Corp., leading supplier of photoresists for semiconductors, says DeepSeek's AI model will boost demand for semiconductors.
Published on: January 31, 2025, 06:00 AM UTC
Fed Holds Rates Steady; GDP, Inflation Data Expected to Bolster Wait-and-See Approach
Published on: January 30, 2025, 11:02 PM UTC
Deutsche Bank to Reduce Management Roles and Cut Headcount After Higher Costs Impact Q4 Results
Published on: January 30, 2025, 11:04 AM UTC
India's IT minister praises Chinese startup DeepSeek's low-cost AI model, contrasting it with India's $1.25 billion AI investment. The minister's statement targets comments by OpenAI's Sam Altman, who questioned India's ability to build a substantial AI model with a $10 million budget.
Published on: January 30, 2025, 09:01 AM UTC
Trump Media expands into financial services with $250 million investment in Truth.Fi, boosting stock prices by 12%.
Published on: January 29, 2025, 06:02 PM UTC
Advantest raises profit forecast on surging demand for chip-testing tools amid AI boom. Operating income for the fiscal year ending March 2023 is now projected at 226 billion yen ($1.46 billion), up 37%.
Published on: January 29, 2025, 09:00 AM UTC
Microsoft (MSFT) releases its second quarter earnings as AI impact remains in focus, with DeepSeek's R1 model challenging industry assumptions. Analysts predict EPS of $3.13 on $68.8 billion revenue, with Azure growth expected to accelerate in the second half of 2025 due to increased consumption and large commitments.
Published on: January 28, 2025, 08:02 PM UTC