Posts with tag: government
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
Apple's First Quarter Earnings: iPhone Sales and AI Innovation in Focus
Published on: January 29, 2025, 10:03 PM UTC
Stocks dropped on Wednesday, led by tech companies, after the Federal Reserve left interest rates unchanged and removed a reference to progress against inflation. Nasdaq led the decline, with Nvidia pressured by concerns over chip exports to China. Meta and Microsoft stocks declined after earnings results. Tesla rose in after-hours trading despite missing earnings estimates. Fed Chair Powell downplayed a change in language in the Fed's statement on inflation, stating it was "language cleanup" rather than a signal. IBM and Big Tech earnings will be released after the bell.
Published on: January 29, 2025, 10:02 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
Microsoft Q2 Earnings Preview: AI Investments, Azure Growth in Focus
Published on: January 28, 2025, 11:03 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
A cheaper, competitive AI model from DeepSeek raises concerns over Big Tech earnings growth, sparking a sell-off in tech stocks and challenging the key driver of the bull market.
Published on: January 28, 2025, 08:02 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
Founder of DeepSeek, Liang Wenfeng, presents China's AI tech advancements and open-source initiatives to potentially disrupt the global AI landscape following US export controls.
Published on: January 28, 2025, 01:07 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