Posts with tag: robotics
Jamie Dimon and Elon Musk have reconciled after years of feuding. Dimon supports Musk's efforts with the Department of Government Efficiency (DOGE), saying he'd "love to be helpful" with the government efficiency effort.
Published on: January 23, 2025, 03:00 AM UTC
Salesforce and Microsoft CEOs trade barbs over AI rivalry. Salesforce's AI bots compete with Microsoft's Copilot for workplace supremacy.
Published on: January 23, 2025, 02:03 AM UTC
First Bancorp Inc. reports Q4 net income of $7.3 million, exceeding expectations. Revenue reached $43.4 million, with net revenue of $22 million. Annual profit was $27 million, with revenue of $80.3 million.
Published on: January 22, 2025, 10:06 PM UTC
Fourth-quarter profit of $19.1 million for Old Second Bancorp Inc. (OSBC), falling short of expectations, while revenue surpasses forecasts.
Published on: January 22, 2025, 10:05 PM UTC
Nvidia's stock jumps 4% after Trump announces $500 billion AI infrastructure project involving SoftBank, OpenAI, Oracle, and Microsoft.
Published on: January 22, 2025, 06:02 PM UTC
U.S. crude oil stockpiles projected to fall, while gasoline and distillate inventories expected to rise - Reuters poll
Published on: January 22, 2025, 06:00 PM UTC
Fourth quarter earnings season starts strong, but investors focus on Trump's policies. Despite strong earnings growth, market action is driven by policy uncertainty, with stocks rallying on signs of weaker dollar and tech stocks boosted by infrastructure investment reports.
Published on: January 22, 2025, 04:03 PM UTC
US stocks rose on Wednesday, led by the Nasdaq, as Netflix shares surged to a record high and President Trump's plans to boost AI investment offset concerns about trade tensions with China. The Nasdaq Composite gained 1.17%, the S&P 500 added 0.61%, and the Dow Jones Industrial Average advanced 0.3%.
Published on: January 22, 2025, 04:03 PM UTC
Venture Global lowers IPO target range to $23-$27 per share, reducing its potential market value to $65 billion. The move signals a setback for energy IPOs in the US, which have seen lackluster performance in recent months. Despite the lower pricing, Venture Global maintains a high valuation compared to competitors in the LNG industry.
Published on: January 22, 2025, 02:01 PM UTC
The Trump effect has taken over all the dinner party chats at the World Economic Forum in Davos this year. Bank executives are exuberant, crypto has played a front-and-center role, and both Europe and China have issued conciliatory messages. But not everyone is sanguine Trump will usher in a booming economy.
Published on: January 22, 2025, 12:01 PM UTC