Posts with tag: tech
Axos Financial reports Q2 net income of $104.7 million, surpassing analyst expectations. Revenue reached $483.9 million, with adjusted revenue at $307.9 million. Since the year's start, AX shares have risen nearly 4%.
Published on: January 28, 2025, 10:09 PM UTC
General Motors reported a net loss in Q4 due to significant China-related charges. However, excluding one-time items, GM surpassed profit and revenue expectations, driven by strong EV sales and new gas-powered SUV launches.
Published on: January 28, 2025, 12:01 PM UTC
Chartbook: The Bull Market Continues - Yahoo Finance
Published on: January 28, 2025, 11:01 AM UTC
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.
Published on: January 28, 2025, 03:01 AM UTC
AI advancements by DeepSeek raise questions about global competition and Tesla's potential in embodied AI, impacting self-driving vehicles, Optimus robots, and national security.
Published on: January 27, 2025, 11:02 PM UTC
Monday's big market sell-off was driven by concerns over Big Tech earnings, after new developments from Chinese AI company DeepSeek sparked a rout in the sector. The "Magnificent Seven" tech stocks, including Nvidia, Microsoft, and Alphabet, were all down more than 2% in midday trading, as investors question whether the high earnings expectations for Big Tech will continue to be met.
Published on: January 27, 2025, 07:02 PM UTC
A deluge of market-moving news awaits investors in the week ahead, with earnings from tech heavyweights Meta, Microsoft, Apple, and Tesla, and the Federal Reserve's latest monetary policy decision. The S&P 500 kicked off the new year with its best first four trading days under a new president since 1985, but the rally faces a test with the busy week of news.
Published on: January 27, 2025, 12:04 PM UTC
Casual dining chains are competing to become the go-to for special occasions as consumers return to pre-COVID habits. Chili's, Olive Garden, and Texas Roadhouse are among the top players trying to gain market share in the fragmented industry. Brands that use scale, marketing, and technology to boost their competitive advantage have big market share opportunities.
Published on: January 27, 2025, 09:01 AM UTC
Philippine peso heads toward record low as BSP plans further rate cuts amid slowing growth.
Published on: January 27, 2025, 08:03 AM UTC
The US dollar retreated from near two-year highs after President Trump said he would "rather not" impose tariffs on China. Despite the recent decline, analysts argue it remains sensible for the market to continue to price in tariff risk when it comes to the dollar.
Published on: January 25, 2025, 02:00 PM UTC