Tag: gadgets

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Tesla Vows Return to Growth in 2025 After Dismal Fourth Quarter

Tesla stock rose 4% in extended trading on Wednesday after the company pledged a return to growth in 2025. In the fourth quarter, Tesla reported revenue of $25.7 billion, just short of analyst expectations, and adjusted earnings per share came in at $0.73, less than forecasted. For the full-year, revenue rose 1% to $97.7 billion, while Tesla said its auto business is expected to return to growth in 2025.

Deutsche Bank to Cut Management and Headcount as Costs Rise

Deutsche Bank plans to cut management roles and headcount in the coming years after higher-than-expected costs marred its results in the final months of last year.

The Big Short Traders Aren't Chasing AI — They're Finding Value in Undervalued Foreign Stocks

Investors from The "Big Short" Skip AI for Emerging Market Stocks

Truth Social Launches Truth.Fi to Offer Financial Products including ETFs and Cryptocurrencies

Truth Social, a social media platform founded by former US President Donald Trump, is launching Truth.Fi to offer financial products such as ETFs, cryptocurrencies, and customized investment accounts.

Meta Shares Rise After Q4 Earnings Beat, Revenue Growth Forecasts Disappoint

Meta Q4 earnings top expectations, revenue outlook disappoints; AI spend to rise

Tesla Q4 Earnings Miss Expectations, Margins Impacted by Costs

Tesla misses Q4 earnings expectations as investors seek a catalyst; revenue rises 2% to $25.71 billion, adjusted EPS at $0.73; company cites AI, R&D costs for lower profit; Model Y production to be halted for short time due to changeover; new vehicles, Cybercab still on track; energy storage business remains strong despite post-election stock decline.

Teradyne Tops Q4 Earnings Estimates, Raises Outlook

Teradyne Inc. (TER) reported fourth-quarter net income of $146.3 million, or 90 cents per share. Adjusted earnings came to 95 cents per share, topping Wall Street estimates of 90 cents per share. Revenue reached $752.9 million, also exceeding expectations of $740.7 million. For the year, the company reported profit of $542.4 million, or $3.32 per share, with revenue at $2.82 billion.

DeepSeek, ChatGPT Challenge Assumptions About AI's Direction

DeepSeek's AI Breakthrough Shakes Up Tech Industry; Nvidia Slips Amid Funding Concerns

Mantiqueira Brasil Weighs Merger or Acquisition for US Market Entry

JBS, the world's largest chicken producer, weighs a merger or acquisition to enter the US egg market, where prices are soaring due to an avian influenza outbreak.

Trump Taps Wall Street Banker Howard Lutnick to Lead Commerce Department

Howard Lutnick, President Trump's pick for Commerce Secretary, pledges to sell all business stakes and acknowledges Cantor Fitzgerald's bond with cryptocurrency client.