Posts with tag: software
AI billionaire Tom Siebel hosts whiskey-fueled event at Davos with caviar and salami canapés, while Bank of America offers salmon sashimi and steak tartare canapes at its event.
Published on: January 22, 2025, 07:01 PM UTC
Ally Financial reports strong Q4 earnings with net income jumping 74% and net interest margin beating expectations. Shares surge as much as 8.7%, boosted by optimism and a deal to offload its credit-card business.
Published on: January 22, 2025, 04:01 PM UTC
European industrial stocks surge on U.S. AI investment, reaching record highs for companies like Schneider Electric and Prysmian due to their involvement in AI infrastructure development and acquisition strategies.
Published on: January 22, 2025, 02:04 PM UTC
Canadian private equity firm Novacap Investments Inc. has closed a $1 billion fund to invest in digital infrastructure assets. The fund is targeting about 10 regional companies that sell connectivity and data access services, with a strategy to invest as much as $100 million in each.
Published on: January 22, 2025, 12:03 PM UTC
The Dow Jones soared above 44,000 after Trump refrained from aggressive tariffs on day one, but hinted at potential charges on Mexico and Canada. Nasdaq Composite gained slightly despite Tesla and Apple's underperformance. Amidst earnings releases, investors prepare for volatility as President Trump's policy moves take center stage. Netflix, 3M Company, and other companies report results, shaping market sentiment.
Published on: January 22, 2025, 12:02 AM UTC
Oil prices fell on Tuesday after President Trump signed executive orders aimed at boosting US production and hinted at tariffs against Canada and Mexico, sparking trade war fears.
Published on: January 21, 2025, 11:02 PM UTC
Treasury yields tumbled and stocks surged as traders bet on a gradual rollout of Donald Trump's protectionist policies. The dollar pared gains, but Wall Street firms warn against reading too much into Trump's tariff plans.
Published on: January 21, 2025, 10:04 PM UTC
Federal judge rejects Citigroup bid to dismiss NY AG lawsuit over failure to reimburse fraud victims.
Published on: January 21, 2025, 07:00 PM UTC
Prologis Beats Wall Street Q4 Expectations; Shares Rise 3.3%
Published on: January 21, 2025, 05:03 PM UTC
Hopper, a leading travel data provider with over 650 remote employees, is eyeing a public listing that could value the business at $5-$10 billion. The company offers flight, hotel, and car rental price predictions and has gained popularity among millennials and Gen Z. Hopper's technology has given it an edge against competitors like Expedia and Booking Holdings, but analysts caution that entry barriers are low in the travel-booking industry.
Published on: January 21, 2025, 03:04 PM UTC