Posts with tag: Machine Learning
Meta Boosts AI Investment Amid Chinese Competition: CEO Mark Zuckerberg says increased competition from China has strengthened the company's commitment to AI advancements.
Published on: January 30, 2025, 03:00 AM UTC
Meta Platforms reported strong Q4 earnings, with revenue up over 20% YoY at $48.39 billion and EPS of $8.02, beating analyst estimates. The company is investing heavily in AI, forecasting $39 billion in expenditures in 2024 and $60-65 billion in capital expenditures this year. Meta's shares climbed nearly 5% in after-hours trading.
Published on: January 29, 2025, 11:08 PM UTC
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Published on: January 29, 2025, 10:05 PM UTC
Tesla's Q4 earnings miss estimates as net income plunges 71% to $2.31 billion, despite revenue rising 2% to $25.7 billion. TSLA stock falls initially but remains up over 50% since Trump's election.
Published on: January 29, 2025, 10:00 PM UTC
Intel Q4 Earnings Preview: Slowing Growth and CEO Transition Amidst Industry Challenges
Published on: January 29, 2025, 07:01 PM UTC
Nasdaq and S&P 500 edge higher after tech sell-off; Nvidia bounces on AI worries.
Published on: January 28, 2025, 03:05 PM UTC
Invesco PLC (IVZ) reported fourth-quarter net income of $268.5 million, or 46 cents per share. Adjusted earnings were 52 cents per share, beating Wall Street expectations. Revenue was $1.59 billion, with adjusted revenue of $1.16 billion, meeting Street forecasts.
Published on: January 28, 2025, 01:09 PM UTC
RTX Corporation reports fourth-quarter earnings of $1.48 billion, exceeding Wall Street expectations. Revenue reached $21.62 billion, also surpassing estimates. For the year, the company reported profit of $4.77 billion and revenue of $80.74 billion. RTX projects full-year earnings in the range of $6 to $6.15 per share.
Published on: January 28, 2025, 01:07 PM UTC
Tesla's AI Advancements Boost Outlook Amidst Market Focus on Chinese Rival DeepSeek's R1 Model
Published on: January 27, 2025, 09:02 PM UTC
Tesla's post-election rally may resume as analysts remain bullish on its AI potential. Despite a recent dip, Tesla's valuation is predicted to reach $2 trillion this year due to a "regulatory friendly" White House and the company's leadership in autonomous and AI technology.
Published on: January 27, 2025, 03:04 PM UTC