Tag: tech

Economist Nouriel Roubini warns of the rapid advancements in humanoid robots and their potential impact on human jobs, as well as the concerns surrounding tariffs and their effects on inflation, interest rates, and economic growth.

Published on: January 23, 2025, 05:03 PM UTC

PayPal settles 2 million civil fine over cybersecurity failures that exposed customer data

Published on: January 23, 2025, 04:04 PM UTC

Tech stocks led a market surge Wednesday as Netflix shares reached a record high after a strong earnings report, while President Donald Trump's focus on AI investments outweighed fresh tariff concerns. The Nasdaq Composite (^IXIC) climbed nearly 1.3%, boosted by a jump in Netflix shares, while the S&P 500 (^GSPC) gained over 0.6%, nearing its record high. The Dow Jones Industrial Average (^DJI) rose around 0.3%, following a significant gain on Tuesday. Trump's 'Stargate' initiative, a $500 billion private sector investment in AI infrastructure, sparked enthusiasm in tech stocks like Oracle (ORCL), SoftBank (9984.T), and Arm Holdings (ARM), despite worries about a Trump-led trade war.

Published on: January 23, 2025, 12:03 PM UTC

**Meta Description** Netflix stock surged 10% to an all-time high after posting strong Q4 earnings. The streaming giant added a record 18.9 million users, beating subscriber estimates. Revenue and earnings also topped expectations, driving analysts to raise price targets and forecast continued growth in 2025. Netflix announced a $15 billion stock buyback and increased its full-year revenue outlook. Notably, the company reported a doubling of advertising revenue and plans for continued live event programming, including WWE Raw. Despite missing Q1 revenue estimates, Netflix guided for higher operating margins, highlighting its competitive strength and focus on improving product-market fit.

Published on: January 23, 2025, 06:02 AM UTC

Vietnamese conglomerate Vingroup faces intense scrutiny over its financial support for loss-making electric vehicle maker VinFast, with shares near multi-year lows and foreign investors selling. Moody's and Fitch have downgraded Vingroup's real estate unit Vinhomes' debt, citing concerns about its links to VinFast.

Published on: January 23, 2025, 05:00 AM UTC

Nvidia stock surged 4% after Trump announced a $500 billion AI infrastructure project that includes Nvidia, Microsoft, and Arm as partners.

Published on: January 22, 2025, 10:03 PM UTC

Javier Milei's transformative approach to governing Argentina is delivering results with fiscal surplus and tamed inflation. Despite learning the limits of his tear-down approach, Milei remains pragmatic, valuing relationships with China and seeking free trade deals while navigating Mercosur challenges.

Published on: January 22, 2025, 08:01 PM UTC

Netflix stock surged after the streaming giant reported its biggest quarterly subscriber gain in history, buoyed by live sporting events and the return of Squid Game. The company added 18.9 million customers in Q4, bringing its global subscriber base to over 300 million. Netflix will stop reporting subscriber figures after a surge in new customers from its crackdown on password sharing. It will focus on financial metrics like sales and profit instead.

Published on: January 22, 2025, 03:00 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

US stocks climbed on Tuesday, with the Dow Jones Industrial Average (^DJI) soaring above 44,000 and the NASDAQ Composite (^IXIC) climbing over 0.6% amid speculation over President Donald Trump's first policy moves, including promised tariffs against Mexico and Canada. Netflix reported impressive earnings with high subscriber growth, while Apple's stock dipped due to concerns about weak iPhone sales and lack of interest in AI among consumers. The US dollar weakened due to Trump's avoidance of broad-based tariffs, while Tesla's stock dropped after the president ended an electric vehicle mandate. Investors eagerly anticipate the next batch of quarterly earnings and closely monitor Trump's actions as he returns to the Oval Office.

Published on: January 22, 2025, 02:03 PM UTC