Tag: research

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Northrop Grumman Posts Quarterly Profit as Demand for Military Equipment Rises

Northrop Grumman posted a quarterly profit, as headwinds from its B-21 Raider stealth bomber program eased and rising geopolitical tensions stoked demand for its military equipment.

Economic Stagnation in Europe: Eurozone Growth Grinds to Halt

Europe's economy stagnated in Q4 2024, with zero growth due to Germany's struggles.

Deutsche Bank Plans Management, Staff Cuts to Boost Returns

Deutsche Bank to Reduce Management Roles and Cut Headcount After Higher Costs Impact Q4 Results

India's IT Minister Praises Chinese AI Startup DeepSeek for Frugal Approach

India's IT minister praises Chinese startup DeepSeek's low-cost AI model, contrasting it with India's $1.25 billion AI investment. The minister's statement targets comments by OpenAI's Sam Altman, who questioned India's ability to build a substantial AI model with a $10 million budget.

SoftBank in Talks to Invest $15 Billion-$25 Billion in OpenAI

SoftBank in Talks to Invest Up to $25 Billion in OpenAI, Potentially Becoming Its Largest Backer

Philippine Economy Misses Growth Target in 2024 Amid Storms, Floods

Philippine economic growth slowed in Q4 2024, missing the government's target due to storms and flooding. GDP grew 5.2%, below the 5.5% estimate. The central bank cut interest rates to a two-year low amidst rising tariff risks and US policy uncertainty.

Starbucks CEO Explains Coffeehouse Code of Conduct and Potential Store Closures

Starbucks is changing its open-door policy to prioritize the safety of its staff and paying customers.

US Considers Further Curbs on Nvidia Chip Sales to China

The US administration considers tightening restrictions on Nvidia's sales of AI chips designed for the Chinese market.

Trump Media & Technology Group Stock Surges on Expansion Into Financial Services

Trump Media expands into financial services with $250 million investment in Truth.Fi, boosting stock prices by 12%.

Silgan Q4 earnings beat estimates on revenue growth

Silgan Holdings reports better-than-expected Q4 earnings of 85 cents per share; revenue of $1.41 billion also beats estimates.