Posts with tag: elections
Microsoft's Azure cloud revenue growth slows to 31% as the company ramps up AI investments. Despite strong demand, data center capacity constraints impact sales. AI revenue reaches $13 billion annualized run rate, but monetization efforts take longer than expected.
Published on: January 29, 2025, 11:09 PM UTC
Meta, the parent company of Facebook, is set to report its fourth-quarter earnings on Wednesday after the market close. Analysts expect earnings per share of $6.78 and revenue of $46.98 billion. Investors will be listening for key updates on AI monetization, guidance for 2025, and the company's plans to benefit from drama surrounding TikTok.
Published on: January 29, 2025, 02:06 PM UTC
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Learn strategies to help you build an efficient portfolio to save for retirement, both before and after you retire.
Published on: January 28, 2025, 11:01 PM UTC
AI-exposed stocks rebound Tuesday after AI model release sparked Monday's sell-off
Published on: January 28, 2025, 08:01 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
A new AI model from DeepSeek is sending shockwaves through tech stocks, with Nvidia down 10% premarket. Investors are excited about Trump's pro-business agenda, but some worry about high interest rates and tariffs. Despite interest in sunnier locations, New York City remains the center of the hedge fund universe.
Published on: January 28, 2025, 12:01 AM 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
Asian shares advanced on optimism about artificial intelligence in China, despite Trump's tariffs on Colombia dampening risk appetite. Tech firms linked to DeepSeek, an AI startup gaining traction, rallied in China. However, US futures declined amid concerns about potential disruption to US technological leadership.
Published on: January 27, 2025, 04:00 AM UTC
Gold surged close to a record high as the US dollar weakened after President Trump signaled a less aggressive approach to China. The precious metal is up almost 3% this week on haven demand amid uncertainty over the global economic outlook.
Published on: January 24, 2025, 04:07 PM UTC
Traders looking to sell the US dollar are more common than thought, despite the dollar's strength, according to Morgan Stanley. The strategists see catalysts for a dollar sell-off, including inflation data and fiscal negotiations.
Published on: January 24, 2025, 10:01 AM UTC