Tag: engineering

Posts with tag: engineering

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Hedge Fund Billionaire Ken Griffin on Trump's Tariffs: 'Huge Mistake'

Billionaire Ken Griffin says Trump's tariffs are a "huge mistake," creating "chaos" and hindering economic growth. The Citadel CEO also praises Musk's efforts to reduce government bureaucracy but has concerns about the new antitrust cops and uncertainties surrounding Trump's policies.

Freshworks Forecasts Revenue, Profit Above Estimates on AI-Powered Software Demand

Freshworks predicts higher-than-expected revenue and profit in 2025, driven by demand for AI-powered software for digital operations management.

ArcelorMittal Considers Shifting Support Activities to India Amid European Steel Sector Woes

ArcelorMittal may shift some activities to India due to cost pressures and tariffs. The steelmaker says no manufacturing will be moved from Europe to India.

DuPont Shares Soar on Strong Earnings, Electronics Boost

DuPont beats profit forecasts on strong electronics sales, with organic sales surges in key units driving revenue growth. Read to learn more about the company's future plans and outlook.

US Stocks Lower as Investors Await Tariff News, Powell Testimony

US stocks edge lower on tariff concerns and await Powell's testimony on inflation. Investors assess impact of Trump's tariffs, with gold hitting record highs amidst uncertainty.

Lithia (LAD) Earnings Preview: What to Expect

Automotive retailer Lithia Motors (NYSE:LAD) is reporting earnings tomorrow before market hours. Analysts expect revenue to grow 17.6% year over year to $9.03 billion and adjusted earnings to come in at $7.20 per share.

Musk's $97.4 Billion OpenAI Offer Shot Down, Lawsuit Looming

Elon Musk offers $97.4 billion for OpenAI, a nonprofit company he co-founded with Sam Altman. OpenAI is seeking to become a for-profit business, which Musk is suing to prevent.

Stock Futures Slip After Trump's Tariff Announcement

US stock futures dip as Trump's 25% tariffs on steel and aluminum imports weigh. Tech stocks continue to struggle with AI spending concerns, while coffee futures hit an all-time high due to supply constraints.

Hedge Funds Snap Up Chinese Stocks on AI-Hype

Chinese stocks are attracting global hedge funds due to DeepSeek's AI model, Beijing's policy easing, and the lighter-than-expected US tariff. The MSCI China index outperforms major markets, with Appaloosa LP raising stakes in Alibaba and JD.Com.

China Vanke Receives $383 Million Loan from State-Owned Shareholder

China Vanke receives a $383 million loan from Shenzhen Metro, signaling government support as the property developer faces liquidity challenges.