Posts with tag: smartphones
Indonesia amends state-owned enterprises law, paving way for new investment agency Danantara, which will manage billions of dollars in state assets. The move aims to boost economic growth and mobilize funding for key projects.
Published on: February 04, 2025, 01:09 PM UTC
Trump says U.S. sovereign wealth fund could be used to buy TikTok
Published on: February 03, 2025, 10:04 PM UTC
Tesla pledges return to growth in 2025 after disappointing Q4 results. Revenue rose just 1% in 2024, while profits fell sharply. Tesla expects auto business to return to growth in 2025, with FSD coming to Austin, Texas, in June.
Published on: January 30, 2025, 09:03 PM UTC
UPS (UPS) stock dropped 15% after it announced it would cut deliveries for Amazon (AMZN) by more than 50% by the second half of 2026. UPS made this decision to drive profitability long term.
Published on: January 30, 2025, 09:01 PM UTC
Weekly jobless claims fell to 207,000 in a sign the US labor market remains strong, according to the Labor Department.
Published on: January 30, 2025, 02:06 PM UTC
Tesla stock rose 4% in extended trading on Wednesday after the company pledged a return to growth in 2025. In the fourth quarter, Tesla reported revenue of $25.7 billion, just short of analyst expectations, and adjusted earnings per share came in at $0.73, less than forecasted. For the full-year, revenue rose 1% to $97.7 billion, while Tesla said its auto business is expected to return to growth in 2025.
Published on: January 30, 2025, 10:01 AM UTC
Howard Lutnick, President Trump's pick for Commerce Secretary, pledges to sell all business stakes and acknowledges Cantor Fitzgerald's bond with cryptocurrency client.
Published on: January 29, 2025, 08:00 PM UTC
Snowflake (SNOW) shares soar 6.32% as AI debate sparks market recalibration towards AI-resistant and AI-beneficiary stocks, including data warehouse, cybersecurity, and automation software.
Published on: January 28, 2025, 07:05 PM UTC
Big Tech's earnings growth has been the driving force behind the bull market, but recent news about Chinese AI competition has sparked concerns and led to a sell-off in tech stocks. Investors had been expecting high earnings growth from Big Tech companies, but the news about DeepSeek has raised doubts about whether those expectations will be met. As a result, the sell-off in tech stocks has brought investors back to fundamentals and highlighted the importance of considering other factors in totality.
Published on: January 27, 2025, 11:01 PM UTC
Honeywell CEO says the company is considering a breakup, spinning off its aerospace and automation businesses into two independent publicly traded companies.
Published on: January 24, 2025, 01:04 PM UTC