Posts with tag: narrative
Nestlé to invest $1 billion in Mexico over the next three years, says President Claudia Sheinbaum.
Published on: January 29, 2025, 01:00 AM UTC
DeepSeek R1, a fierce ChatGPT competitor from China, has stunned the tech world with its AI advancement. The model's impressive performance at a fraction of the cost has raised concerns about US tech giants' pricing power and fueled a rethink of AI spending strategies.
Published on: January 28, 2025, 01:01 AM UTC
President Trump predicts numerous bidders for TikTok and emphasizes his opposition to Chinese involvement.
Published on: January 27, 2025, 11:00 PM UTC
The S&P 500's strong start to the year under President Trump continues, with key earnings reports and the Fed's latest policy decision on tap this week. Investors will watch Meta, Microsoft, Apple, and Tesla's earnings for clues on the tech sector's strength. The Fed is expected to keep rates steady, but investors will focus on Chair Powell's comments on the balance of 2025. Several key economic readings, including GDP and inflation data, will also be released.
Published on: January 26, 2025, 01:00 PM UTC
Major U.S. equity indexes rose on Thursday, with the S&P 500 and Dow reaching record highs. Moderna shares surged over 10% after strong endorsements, while Electronic Arts plunged due to lowered bookings guidance.
Published on: January 23, 2025, 10:04 PM UTC
Semiconductor stocks dip after SK Hynix exec comments on uncertain chip demand in 2023, citing inventory adjustments and geopolitical risks.
Published on: January 23, 2025, 05:02 PM UTC
Oracle shares surge after Trump announces large AI investment partnership with OpenAI and SoftBank.
Published on: January 22, 2025, 08:00 AM UTC
President Trump is considering a deal where a US company would buy TikTok and give half of the company to the US in exchange for a permit to operate in the US. Experts say such a deal may not be enough to prevent a ban on TikTok, as it does not completely sever the company's ties to China.
Published on: January 22, 2025, 06:01 AM UTC
President Donald Trump plans to enact tariffs of 25% on Mexico and Canada on February 1st, citing the flow of undocumented migrants and drugs into the country. The tariffs threaten to spark a trade war among the signatories of the US-Mexico-Canada Agreement and have already caused the Canadian dollar and Mexican peso to fall against the greenback.
Published on: January 21, 2025, 02:00 AM UTC
Chinese property developer Country Garden, which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on Monday.
Published on: January 20, 2025, 03:01 AM UTC