Posts with tag: technology
U.S. stocks finished mixed on Thursday as investors digested earnings updates from tech giants like Microsoft and Meta and awaited Apple's results for cues on the broader tech sector's health.
Published on: January 30, 2025, 07:02 PM UTC
A new GDP report and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates. The fourth quarter GDP report released Thursday provided some evidence that the US economy capped off a surprisingly strong year in 2024. However, inflation remains a concern for Fed policymakers, with readings still above the Fed’s 2% target. A new inflation report due out Friday may not do much to alleviate those concerns.
Published on: January 30, 2025, 07:01 PM UTC
Asia's richest family, the Ambanis, have acquired a 49% stake in the Oval Invincibles, the first Hundred franchise to be sold. This purchase marks their entry into the English cricket market, where they will share control with Surrey County Cricket Club.
Published on: January 30, 2025, 07:01 PM UTC
Oracle debuts AI agents for manufacturers, part of tech industry's push towards greater AI capabilities.
Published on: January 30, 2025, 06:03 PM UTC
Comcast's stock falls 10% after reporting a bigger-than-expected drop in broadband customers and failing to add more subscribers to Peacock.
Published on: January 30, 2025, 06:02 PM UTC
Justice Dept. sues to block Hewlett Packard Enterprise Co.'s $14 billion acquisition of Juniper Networks Inc., arguing it would harm competition in the market for enterprise wireless equipment.
Published on: January 30, 2025, 06:01 PM UTC
Oil market faces uncertainty amid tariff speculation from Trump administration and economic data
Published on: January 30, 2025, 06:00 PM UTC
Colombia is one of the world's top flower producers, with nearly 40% of US imports coming from the country. In the lead-up to Valentine's Day, Colombian flower growers prepare for a surge in demand, with 80% of their exports destined for the US. Tariffs would have had a catastrophic impact on the industry, but a recent resolution averted that threat.
Published on: January 30, 2025, 05:00 PM UTC
Tesla aims for growth rebound in 2025, despite Q4 revenue miss and profit decline. FSD (Full Self-Driving) expansion and new vehicle plans unveiled.
Published on: January 30, 2025, 04:05 PM UTC
Silicon Valley fears DeepSeek's rise, but Meta's AI chief claims the hysteria is unfounded. DeepSeek's cost-effective AI models spark concern, yet experts believe inference costs will rise as AI becomes more sophisticated.
Published on: January 30, 2025, 04:04 PM UTC