Posts with tag: innovation
Despite headwinds such as higher interest rates and a strengthening dollar, the stock market has reached record highs due to expectations of earnings growth and positive economic fundamentals. The demand for goods and services remains strong, and companies are reporting improved profit margins. Investors should focus on the resilience of companies underlying the market rather than short-term challenges. While risks persist, the long-term outlook for the stock market remains favorable, bolstered by expectations of continued earnings growth.
Published on: January 27, 2025, 01:02 PM UTC
MicroStrategy (MSTR) Bought $1.1B of Bitcoin, Redeemed Convertible Notes, and Approved Share Increase. The company now owns over 2% of all Bitcoin ever created.
Published on: January 27, 2025, 01:01 PM UTC
Former Lambda Labs COO Mitesh Agrawal has left to lead AI hardware startup Positron, which aims to compete with Nvidia by offering faster, energy-efficient hardware for transformer model inference.
Published on: January 27, 2025, 12:06 PM UTC
Chinese AI startup DeepSeek challenges Nvidia's dominance with a cost-effective AI model that runs on less advanced chips, sparking concerns over the validity of high valuations for US tech giants.
Published on: January 27, 2025, 12:05 PM UTC
Chili's and other casual dining chains are competing for market share as consumers return to their pre-COVID dining habits. Despite industry challenges such as fragmentation and inflation, brands like Chili's are using value promotions, marketing, and technology to gain a competitive advantage.
Published on: January 27, 2025, 12:02 PM UTC
Microsoft (MSFT) is expected to report earnings results for the second fiscal quarter after the market closes on Wednesday. Analysts’ estimates compiled by FactSet (FDS) predict revenues of $68.9 billion and earnings per share of $3.11 for the quarter ended in December.
Published on: January 27, 2025, 12:01 PM UTC
Meta (META) is set to release its fourth-quarter earnings results on Wednesday. Analysts expect revenues of $47 billion and earnings per share of $6.75. CEO Mark Zuckerberg outlines plans to invest heavily in AI, including a new data center, and discusses recent headcount cuts and policy changes.
Published on: January 27, 2025, 12:00 PM UTC
Yen Gains as Haven Amid Trump Trade Tensions; BOJ Hike Still Resonates
Published on: January 27, 2025, 06:02 AM UTC
Oil prices fell over 1% on Monday after US President Trump asked OPEC to lower prices following the announcement of significant steps to increase US oil and gas production in his first week in office.
Published on: January 27, 2025, 02:01 AM UTC
Dollar gains as Fed rate decision looms, markets fret over Trump's tariff threats
Published on: January 27, 2025, 02:01 AM UTC