Posts with tag: photography
Big Tech's $325 Billion AI Bet: What It Means for Stocks
Published on: February 11, 2025, 01:02 PM UTC
The Carlyle Group reported a Q4 net income of $210.9 million and revenue of $1.03 billion, but missed Wall Street's expectations.
Published on: February 11, 2025, 12:06 PM UTC
DuPont raised its 2025 profit forecast and beat quarterly earnings estimates, driven by strong demand for electronics. The company's shares jumped 5% in premarket trading.
Published on: February 11, 2025, 12:00 PM UTC
Reciprocal tariffs, a key focus for President Trump, could significantly impact global trading relationships. With some allies having high tariffs, Trump aims to balance trade imbalances. However, other nations may argue for lower US tariffs, as the US currently has average tariff levels compared to industrialized nations. Implementation challenges and potential delays at US ports of entry also raise concerns.
Published on: February 11, 2025, 11:01 AM UTC
US stocks rebounded Monday as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) added nearly 0.4% after the blue-chip index on Friday booked its worst loss in nearly four weeks. The S&P 500 (^GSPC) rose roughly 0.6%, while the Nasdaq Composite (^IXIC) popped nearly 1% as shares of AI chip giant Nvidia (NVDA) surged 3%, along with other tech stocks.
Published on: February 11, 2025, 08:02 AM UTC
Chinese stocks are the most bought by global hedge funds, with DeepSeek's AI model boosting investor enthusiasm. Goldman Sachs reports a surge in buying in the past week, driven by consumer discretionary, tech, and industrial sectors. Sentiment is positive due to Beijing's policy easing and reduced US tariffs.
Published on: February 11, 2025, 07:01 AM UTC
French luxury conglomerate Kering reports 12% decline in 4th quarter sales, driven by Gucci's weakness, with CEO Francois-Henri Pinault seeing signs of stabilization for gradual growth.
Published on: February 11, 2025, 07:00 AM UTC
OpenAI CEO Sam Altman has rejected a $97.4 billion offer from a group of investors led by Elon Musk to buy the non-profit company. The offer came as Altman seeks to turn OpenAI into a for-profit business, a move that Musk is suing to prevent. Legal experts say that OpenAI is required to receive fair market value for its assets.
Published on: February 11, 2025, 06:02 AM UTC
PepsiCo and Coca-Cola earnings: Here's what Wall Street expects as Coke gains ground on its rival ahead of Q4 report
Published on: February 11, 2025, 01:01 AM UTC
Coca-Cola (KO) is expected to beat earnings estimates in its Q4 2022 report, driven by strong demand and a favorable pricing environment. Analysts forecast a 6.71% price/mix increase, partially offset by a slight decline in unit case volume.
Published on: February 11, 2025, 12:01 AM UTC