Posts with tag: innovation
President Trump criticizes the Federal Reserve's regulation and inflation handling, blaming the Fed's focus on DEI and climate change.
Published on: January 29, 2025, 11:04 PM UTC
Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%. The tech-heavy Nasdaq Composite (^IXIC) was down about 0.5%, retracing some of a bounce-back rally on Tuesday.
Published on: January 29, 2025, 11:03 PM UTC
The freeze on federal funding has thrown many federal programs into disarray including healthcare, childcare, food assistance, housing aid and more.
Published on: January 29, 2025, 11:01 PM UTC
Selective Insurance Group Inc. (SIGI) reported fourth-quarter profit of $95.5 million, or $1.52 per share, below analysts' estimates. Revenue was $1.26 billion, also missing forecasts.
Published on: January 29, 2025, 10:05 PM UTC
Tesla reports Q4 earnings miss, revenue up only 2% YoY; operating income impacted by R&D costs and lower vehicle prices. Despite production misses in 2024, Tesla plans for new vehicle production in 2025 and growth in vehicle volume due to autonomy advancements and product launches.
Published on: January 29, 2025, 10:02 PM UTC
DeepSeek's AI Breakthrough Shakes Up Tech Industry; Nvidia Slips Amid Funding Concerns
Published on: January 29, 2025, 10:01 PM UTC
Microsoft's cloud growth slows, while AI spending ramps up. Azure cloud revenue increased 31%, with AI contributing 13 percentage points to growth. Microsoft is spending heavily on AI infrastructure, raising questions about the return on investment.
Published on: January 29, 2025, 10:01 PM UTC
Starbucks is changing its open-door policy to prioritize the safety of its staff and paying customers.
Published on: January 29, 2025, 08:03 PM UTC
Big Tech Earnings: MSFT, META Report Amid AI Shakeup. Track stock prices for NVDA, GOOG, AMZN, MSFT, META and get insights on DeepSeek AI's impact on the tech industry.
Published on: January 29, 2025, 08:03 PM UTC
Intel earnings: Chipmaker to report Q4 results after the bell on Thursday; revenue to fall 10%, with PC business, data center under pressure due to weak PC market
Published on: January 29, 2025, 08:02 PM UTC