Posts with tag: history
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
This week, Donald Trump's administration has sent mixed messages about the future of tariffs, confusing markets and businesses. Despite the upcoming Feb. 1 deadline, the administration has not clarified the level or extent of tariffs that will be implemented. Confusion has arisen from contradictory statements made by Trump and his aides, with Trump often rejecting the plans proposed by his closest advisors. The uncertainty has caused concern among businesses, as they plan for the potential economic impact.
Published on: January 28, 2025, 07:05 PM UTC
GM posted revenue of $47.70 billion in Q4, with EPS of $1.92. Full-year profit came in at the high end of its range, but challenges remain due to potential new White House regulations and the loss of federal EV tax credits.
Published on: January 28, 2025, 07:03 PM UTC
Smithfield Foods' muted IPO debut, valued at $8.1 billion, reflects investor caution despite Trump's pro-business policies. Concerns about interest rates, inflation, and trade risks have tempered valuation expectations for even established companies like Smithfield.
Published on: January 28, 2025, 06:00 PM UTC
Hedge fund Bridgewater warns that DeepSeek's AI models could trigger a short-term tech stock correction, but says the overall AI industry outlook remains positive.
Published on: January 28, 2025, 04:06 PM UTC
Americans pay lower taxes than people in most developed countries, but there are trade-offs. The U.S. relies on state and local taxes for social programs, and the safety net for citizens is smaller.
Published on: January 28, 2025, 04:03 PM UTC
Japanese company Metaplanet plans to raise $745 million to purchase 21,000 BTC by 2026, making it the largest equity funding in Asia for Bitcoin acquisition.
Published on: January 28, 2025, 03:05 PM UTC
GM CEO Mary Barra discusses tariffs with President Trump, highlighting the potential impact on the auto industry and the need for a balanced approach to trade relationships.
Published on: January 28, 2025, 02:02 PM UTC
Ryanair posts Q3 profit beat, cuts passenger outlook on Boeing delays
Published on: January 27, 2025, 09:03 AM UTC
Bitcoin dips as traders book profits despite Trump's pro-crypto executive order; digital asset market takes a breather after a string of bullish news.
Published on: January 27, 2025, 05:00 AM UTC