Posts with tag: knowledge
ASML reports Q4 bookings of 7.09 billion euros, exceeding expectations driven by AI demand. The chip equipment maker's shares jumped 11%, despite concerns raised by DeepSeek's AI model. ASML forecasts 2025 sales of 30-35 billion euros, driven by AI growth.
Published on: January 29, 2025, 09:03 AM UTC
Nvidia stock rose premarket on Tuesday as investors weighed concerns about AI competition against the company's continued dominance in the chip market.
Published on: January 28, 2025, 05:03 PM UTC
The Nasdaq plunged on Monday as a Chinese startup shook faith in US leadership and profitability in AI, hammering Nvidia (NVDA) and wiping out a record $589 billion in market value. The Nasdaq Composite (^IXIC) sank more than 3%, while the S&P 500 (^GSPC) dropped nearly 1.5%. The blue-chip Dow Jones Industrial Average (^DJI), less dependent on tech stocks, gained more than 0.6% as investors sought shelter in defensive sectors.
Published on: January 28, 2025, 10:02 AM UTC
Hedge funds have turned optimistic about European companies that sell non-essential goods, particularly luxury items, according to a Goldman Sachs note.
Published on: January 23, 2025, 02:04 PM UTC
Oil prices fell on Tuesday after President Trump signed orders to increase US production and hinted at tariffs on Canada and Mexico, raising concerns about a trade war.
Published on: January 21, 2025, 05:00 PM UTC
ECB policymakers see relief as first-day trade fears wane, rate cuts remain likely
Published on: January 21, 2025, 12:04 PM UTC