Posts with tag: futurism
Oil prices rise on concerns of trade war and tariff threats
Published on: February 07, 2025, 03:00 AM UTC
DeepSeek, a Chinese AI startup, has developed a model using less capital and inferior Nvidia chips, sending shockwaves through the stock market. JPMorgan identifies potential losers including Amphenol, Caterpillar, and Intel due to reduced training and inference costs, potentially shifting value to the application layer and infrastructure layer.
Published on: February 06, 2025, 11:00 PM UTC
Indonesian President Prabowo Subianto's populist measures aim to boost economic growth to 8%, despite concerns over budget deficit and sustainability.
Published on: February 06, 2025, 09:02 AM UTC
EnerSys reports Q3 profit of $114.8 million, exceeding analysts' expectations but revenue falls short. Full-year earnings projected to range $9.97-$10.07 per share, with revenue $3.6-$3.64 billion.
Published on: February 05, 2025, 11:09 PM UTC
Goldman Sachs expects Beijing's retaliatory tariffs on US goods to have limited impact on energy prices due to alternative markets for impacted volumes and the ability to redirect supply from other sources.
Published on: February 04, 2025, 10:00 PM UTC
Disney (DIS) is set to report earnings before the bell on Wednesday. Wall Street expects total revenue of $24.57 billion and adj. EPS of $1.42. Streaming profitability, subscriber growth, and the search for a new CEO will be key points to watch.
Published on: February 04, 2025, 09:00 PM UTC
The Federal Reserve terminated two enforcement actions against Wells Fargo but maintained the asset cap imposed in 2018. CEO Scharf acknowledges the progress, indicating a shift towards improved compliance and regulatory adherence at Wells Fargo.
Published on: February 04, 2025, 05:00 PM UTC
Vodafone Group reports a 5.2% rise in service revenue for Q3, with strong growth in the UK, Turkey, and Africa, despite a decline in Germany due to regulatory changes and increased mobile competition.
Published on: February 04, 2025, 08:01 AM UTC
Salesforce lays off over 1,000 employees despite hiring for AI products. The layoffs target multiple divisions, and displaced workers can apply for other internal positions. The company aims to maintain profit margins after pressure from activist investors.
Published on: February 04, 2025, 03:01 AM UTC
Trump's tariffs mean pain for voters, but not for the right reasons. The national debt is the real problem, and it needs a sacrifice most politicians are afraid to ask for.
Published on: February 03, 2025, 11:01 PM UTC