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Infineon Raises Revenue Outlook, Q1 Beats Estimates

German chipmaker Infineon raises revenue outlook due to currency effects, despite a drop in first-quarter sales.

Novartis Posts Quarterly Profit Above Estimates on Strong Drug Sales

Novartis Q4 earnings beat estimates on Entresto, Kesimpta sales; sees 2025 operating income growth in mid-single digits.

US Economy Grows Slower Than Expected, Below Forecast for Fourth Quarter

US economy grew 2.3% in Q4, below expectations. Consumer spending and government spending drove growth, but declines in investment and inventories limited gains. PCE index excluding food and energy rose 2.5%, in line with estimates. Fed meeting suggests no rate cuts in Q1, with markets seeing less than 50% chance of cut before June.

Schneider National Earnings Preview: What to Expect

Schneider (SNDR) earnings expected tomorrow, revenue seen flat, EPS $0.20, analysts mixed on estimates

Nvidia Rebounds Premarket as AI Chipmakers Recover from DeepSeek Panic

Nvidia stock rebounded 2.5% premarket on Tuesday after a 17% plunge on Monday due to concerns over DeepSeek's cost-effective AI model. Analysts remain skeptical of DeepSeek's low training costs, but acknowledge the potential impact on AI spending trends.

JPMorgan in Talks to Lease Former Credit Suisse Space in Canary Wharf

JPMorgan reportedly in talks to lease 150,000 sq ft at Canary Wharf's 1 Cabot Square, formerly housing Credit Suisse's UK HQ. The move would provide overflow space for JPMorgan's expanding Canary Wharf operations.

Tax Season 2024: Direct File Expands, New 1099-K Rules, and Standard Deduction Changes

Tax season is here! The IRS Direct File program is expanding to 13 new states, allowing more Americans to file their returns for free. The IRS is also implementing new 1099-K reporting rules for gig workers and small business owners who use payment apps like Venmo and PayPal. Get the latest on these changes and more in this Yahoo Finance article.

Passbook Savings Accounts: Pros, Cons, and Alternatives

Passbook savings accounts offer a physical record of transactions and may encourage savings. Cons include limited withdrawals, lower interest rates, and potential fees. Alternatives like high-yield savings accounts, money market accounts, and certificates of deposit provide higher rates and varying levels of liquidity.

AI Causes Market Selloff as DeepSeek Raises Valuation Concerns

Startling news from DeepSeek, a Chinese startup, throws doubt on the valuations of artificial intelligence (AI)-driven technology stocks that have powered the market's bull run. As a result, equities have taken a hit globally, marking a significant reversal after a strong rally to record highs.

Davos 2023: Don't Compromise Values, Stay Diversified, Avoid Holding the Bag

This article covers key takeaways from the World Economic Forum in Davos, including the impact of AI, business leaders' concerns, and insights from industry experts on how to become a better investor or leader.