Tag: social media marketing

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Toyota Remains World's Best-Selling Automaker in 2024

Toyota reasserted its position as top-selling automaker for a fifth consecutive year with sales of 10.8 million vehicles in 2024 despite a 3.7% decline in global sales.

SoftBank in Talks to Invest Up to $25 Billion in OpenAI

SoftBank eyes up to $25 billion stake in OpenAI, making it the AI startup's biggest backer.

Fed Keeps Rates Steady, Tech Stocks Slide

Tech stocks declined on Wednesday after the Federal Reserve left interest rates unchanged, maintaining its cautious approach towards inflation. Nasdaq Composite led the decline, reflecting the market's sensitivity to the Fed's hawkish stance. The S&P 500 and Dow Jones Industrial Average also fell, mirroring the broad-based retreat in equity markets.

Metaverse Struggles Continue Despite Reality Labs Losses

Meta's Reality Labs continues to lose billions, with a $5 billion Q4 loss and a total of $60 billion since 2020. Despite Zuckerberg's confidence in the metaverse, analysts question its profitability, citing expensive hardware and slow adoption. Meta's stock performance has been driven by AI enthusiasm, but DeepSeek's low-cost AI model raises concerns about Meta's massive AI investment.

CB Financial Services reports Q4 profit of $2.5 million

CB Financial Services reports Q4 profit of $2.5 million, or 46 cents per share, exceeding analyst estimates. Revenue rises 2% YTD, stock gains 18% over the past year.

Nvidia Stock Tumbles 4% on Reports of Possible New China Chip Curbs

Nvidia (NVDA) shares fell 4% Wednesday after a Bloomberg report said the Trump administration is considering new restrictions on chip sales to China.

Meta Q4 Earnings Beat, Forecasts Slowdown in 2025

Meta shares initially fell 4% after reporting Q4 earnings, but were up about 1% near 5:00 p.m. ET. META beat expectations, reporting EPS of $8.02 on revenue of $48.4 billion. The company forecasted a slowdown in revenue growth, with expenses growing faster than last year.

Ameriprise sees 24% profit rise in Q4 on market rally, higher fees

Ameriprise Financial reports a 24% rise in profit, driven by higher fee income and a 10% jump in assets under management and administration to $1.52 trillion.

Tesla's Earnings Loom as Musk's Politics Overshadow Auto Business

Tesla earnings preview: Stock has nearly doubled since last report, but car business has taken a backseat to Elon Musk's political prominence. Investors are betting on self-driving ambitions, but the company is also vulnerable to the impact of government policy changes.

Oil Falls Below $73 on Easing Canada-Mexico Tariff Risk

Oil prices drop as Trump's pick for commerce secretary suggests tariffs on Mexico and Canada may not be finalized.