Tag: technology

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US Economy Grows at Solid Pace as Consumer Spending Surges

US economy expanded 2.3% in Q4, lifted by consumer spending and despite Boeing strike

Fed Chair's 'Wait and See' Approach to Trump Uncertainty

Fed Chair Powell Maintains Neutral Stance Amidst Trump's Executive Orders, Noting Uncertainty Surrounding Tariffs and Inflation.

Tesla Pledges Growth Return in 2025 After Disappointing Q4 Results

Tesla aims to return to growth in 2025 after Q4 revenue rose just 1% and profits declined. Despite missing analyst estimates, paid, unsupervised FSD is coming to Austin, Texas, in June, with plans for US-wide availability by 2025.

Comcast Shares Drop After Broadband Customers Decline More Than Expected

Comcast shares plunged after the media giant lost more broadband customers than expected, despite posting strong Q4 earnings.

South Africa Cuts Rates Again Amid Increased Inflation Risks

South Africa's central bank cuts rates again but warns of inflation risks. The MPC reduced the benchmark rate by 25 basis points to 7.5%, but the decision was split, with two members favoring an unchanged stance. The rand traded 0.5% stronger at 18.4388 per dollar, while yields on benchmark South African government bonds edged higher.

Meta's AI Assistant Set to Dominate Industry

Meta Platforms CEO Mark Zuckerberg believes 2025 will be a groundbreaking year for its AI assistant, expecting it to become the most widely used in the industry and potentially reduce costs and enhance innovation.

American Airlines Plane, Military Helicopter Collide Over Potomac River

BREAKING: American Airlines Plane and Military Helicopter Collide Over DC, No Survivors Expected

DeepSeek Shifts the AI Landscape, Raising Concerns for Nvidia

Investors question the future of AI stocks as DeepSeek disrupts the market, with Nvidia (NVDA) seeing a significant decline. Snowflake CEO sees DeepSeek's low-cost model as a game-changer, highlighting the potential for more competition and a shift in AI investment strategies.

Oracle Debuts AI Agents for Supply Chain Management

Oracle Debuts AI Agents for Manufacturers Amid AI Boom

2025 Global Central Bank Preview: Divergent Paths in a Time of Economic Transition

In 2025, global central banks will take diverse paths, with the US holding rates steady, the eurozone cutting, and Japan continuing to hike. Here's a summary of their current positions.