Posts with tag: software development
Trump's 10% tariff on Chinese goods, including inexpensive fashion, could cost consumers $11.4 billion annually, primarily impacting low-income and minority households.
Published on: February 05, 2025, 11:01 AM UTC
Snap reports positive impacts from TikTok uncertainty, with user growth and revenue increase. Spotlight, Snapchat's TikTok alternative, attracts creators. Public content growth on Snapchat reaches 1 billion monthly posts.
Published on: February 05, 2025, 08:02 AM UTC
Google parent Alphabet beats on earnings but falls short on cloud revenue; stock dips in after-hours trading.
Published on: February 05, 2025, 08:01 AM UTC
LG CNS, South Korea's largest IPO in two years, debuted weakly on the Seoul exchange, falling 9.9% to 55,800 won. Investors' skepticism over IPOs and LG CNS's lack of liquidity may have contributed to the decline.
Published on: February 05, 2025, 08:00 AM UTC
Xiaomi to launch luxury version of SU7 electric vehicle with 10,000 unit sales target for 2023, according to founder Lei Jun.
Published on: February 05, 2025, 07:02 AM UTC
Chinese companies rally to support DeepSeek's AI models, marking a "watershed moment" for the industry as domestic chips prove capable of running competitive large language models.
Published on: February 05, 2025, 07:00 AM UTC
US stock futures fell as the US-China trade war escalated, with major indices dipping. Alphabet, AMD, and Chipotle saw declines after earnings reports, while investors await Disney's results. Asian markets reacted to trade tensions, with China's CSI 300 initially rallying but then falling, while Japan's Nikkei slipped.
Published on: February 05, 2025, 04:01 AM UTC
Asian stocks were mixed as markets assessed the impact of US-China tariffs. Japan's Nikkei slipped, while Australia's S&P/ASX rose, and China's Shanghai Composite lost ground.
Published on: February 05, 2025, 04:00 AM UTC
US stock futures were mixed as investors digested corporate earnings reports and the Trump administration's ongoing trade war with China.
Published on: February 05, 2025, 02:01 AM UTC
Chipotle's Q4 earnings met expectations with 5.4% same-store sales growth, driven by strong transactions and margin expansion. Despite facing headwinds like weather and tough comparisons, the company plans to open 315-345 locations in fiscal 2025 and expects same-store sales to grow in the low- to mid-single-digit range.
Published on: February 05, 2025, 01:01 AM UTC