Posts with tag: programming
Copper edged lower after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel amid trade war fears.
Published on: January 28, 2025, 07:03 AM UTC
President Trump says Microsoft is one of the companies eyeing TikTok, but says he would prefer it to be an American company that acquires the company.
Published on: January 28, 2025, 07:03 AM UTC
Chinese AI app DeepSeek sparks tech sell-off, wiping out $1 trillion in market cap on Wall Street, with Nvidia losing the most.
Published on: January 28, 2025, 07:03 AM UTC
China's DeepSeek AI raises AI spending concerns, leading to a sell-off in tech stocks, with Nasdaq down over 3%, S&P 500 down nearly 1.5%, and Nvidia dropping a record $589 billion in market value. Investors flock to defensive sectors, with Dow Jones gaining over 0.6%. Apple, Meta, and Salesforce buck the tech rout, while chipmakers ASML, Broadcom, and Micron Technology lose ground. Federal Reserve's first policy meeting of 2025 and big tech earnings kickoff this week, with focus on guidance for future profit amid DeepSeek's impact on revenue prospects.
Published on: January 28, 2025, 07:02 AM UTC
Germany's AAA credit rating is at risk due to structural weaknesses, including high energy prices, inadequate infrastructure investment, and labor market reforms, warns Scope Ratings.
Published on: January 28, 2025, 07:00 AM UTC
Listen to Living Not So Fabulously for valuable advice on how small business owners can navigate the current political landscape and find opportunities for growth.
Published on: January 28, 2025, 06:02 AM UTC
Investors Panic as Chinese AI Startup Sparks Tech Sell-Off, But Analysts Remain Optimistic
Published on: January 28, 2025, 06:01 AM UTC
Europe's top software maker SAP is now more optimistic about its full-year financial results, primarily due to the accelerated growth of cloud revenue. For 2025, the company projects an operating profit between €10.3 billion – €10.6 billion, with cloud revenue ranging from €21.6 billion to €21.9 billion.
Published on: January 28, 2025, 06:01 AM UTC
US stocks tanked on Monday as tech shares plunged over panic selling sparked by DeepSeek, a new Chinese AI app that outperforms ChatGPT. The S&P 500 lost 1.5% and the Nasdaq Composite fell 3%, with Nvidia losing a record-breaking $589 billion in market cap.
Published on: January 28, 2025, 06:00 AM UTC
Prime Minister Ishiba nominates Junko Koeda, a female academic and supporter of policy normalization, to join the Bank of Japan's board, potentially signaling further support for rate hikes and greater diversity.
Published on: January 28, 2025, 05:01 AM UTC