Posts with tag: technology
Apollo Global Management Q4 profit tops estimates, driven by strong fees and retirement business performance. Assets under management jump 15% to $751 billion.
Published on: February 04, 2025, 12:04 PM UTC
Alphabet and Meta report earnings this week as Wall Street watches for AI updates and ad market trends. Alphabet faces competition from DeepSeek's AI models, while Meta looks to build on strong Q4 results.
Published on: February 04, 2025, 12:03 PM UTC
Automaker stocks plunged after Trump imposed tariffs on Canadian and Mexican goods. GM, Ford, Toyota, Honda, and others saw losses, and experts warn of higher car prices for consumers. The tariffs also impact auto parts, with estimates suggesting a potential $3,000 increase in average US retail car prices.
Published on: February 04, 2025, 12:03 PM UTC
President Trump's new 10% tariffs on Chinese-made goods, including tech products like phones and computers, take effect today. The tech industry relies heavily on manufacturing in China and will likely pass the cost of the tariffs on to consumers, leading to higher prices. The tariffs will also impact chip stocks like Nvidia, AMD, and Intel, as the industry depends on manufacturing facilities in China.
Published on: February 04, 2025, 12:02 PM UTC
Mizuho Financial Group reported $1.9 billion in net income in its fiscal third quarter, beating expectations.
Published on: February 04, 2025, 11:03 AM UTC
Bill Gates discusses the challenges Intel faces in regaining its former dominance in the tech industry, including competition from Taiwan Semiconductor and Samsung and the need to stabilize its financials.
Published on: February 04, 2025, 11:03 AM UTC
Infineon Technologies AG shares surge on strong revenue forecast, outperforming peers in chip industry amidst prolonged slump.
Published on: February 04, 2025, 11:00 AM UTC
Diageo, the maker of Guinness, faces uncertainty and abandons growth target amid geopolitical and economic concerns, including potential price increases due to tariffs and falling sales.
Published on: February 04, 2025, 11:00 AM UTC
Japanese court upholds conviction of American ex-Nissan exec in Ghosn income-hiding case, rejecting prosecutors' appeal.
Published on: February 04, 2025, 10:01 AM UTC
Nokia and AT&T sign multi-year deal for 5G network upgrade and cloud-based applications.
Published on: February 04, 2025, 09:04 AM UTC