Tag: software

Posts with tag: software

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US Stocks Plummet as Chinese AI App DeepSeek Sparks Market Panic

Chinese AI app DeepSeek sparks tech sell-off, wiping out $1 trillion in market cap on Wall Street, with Nvidia losing the most.

Small Business Owners Unfazed by Political Changes, Advises Biden Adviser

Listen to Living Not So Fabulously for valuable advice on how small business owners can navigate the current political landscape and find opportunities for growth.

Nvidia's AI Rout Highlights 'Concentration Risk' in Markets, But Panic Selling May Be Overdone

Investors Panic as Chinese AI Startup Sparks Tech Sell-Off, But Analysts Remain Optimistic

SAP Raises Profit Outlook on Cloud Computing Momentum

Europe's top software maker SAP is now more optimistic about its full-year financial results, primarily due to the accelerated growth of cloud revenue. For 2025, the company projects an operating profit between €10.3 billion – €10.6 billion, with cloud revenue ranging from €21.6 billion to €21.9 billion.

BOJ Nominates Female Supporter of Policy Normalization to Board

Prime Minister Ishiba nominates Junko Koeda, a female academic and supporter of policy normalization, to join the Bank of Japan's board, potentially signaling further support for rate hikes and greater diversity.

Big Tech Earnings Rout Rattles Wall Street

Big Tech earnings worries sparked a market sell-off, highlighting the outsized influence of tech giants on the bull market. Nvidia and other AI-focused stocks plunged over investor concerns about competition from DeepSeek.

Sanmina Q4 CY2024 Earnings Results: Beat Estimates, Mixed Guidance

Sanmina (SANM) beats estimates with $2.01 billion in Q4 sales, a 7% year-over-year increase. Despite lower-than-expected revenue guidance for Q1, the company reports solid earnings of $1.44 per share, exceeding analyst estimates. Sanmina's revenue growth projections remain strong, indicating potential top-line performance improvement.

Reid Hoffman Launches Manas AI, an AI-Powered Startup for Drug Discovery

LinkedIn co-founder Reid Hoffman launches AI startup Manas AI to accelerate cancer drug discovery.

Starbucks Makes Major Changes to Reclaim Coffeehouse Crown

Starbucks is bringing back classic coffeehouse vibes with condiment bars, handwritten cup names, and more intricate macchiato designs. CEO Brian Niccol aims to enhance the customer experience and transform Starbucks into a premium hangout spot.

Nvidia-Linked ETFs Plunge After Chinese AI Model Launch

Nvidia Shares Plunge Over Rival AI Model Emergence