Tag: technology

A cheaper, competitive AI model challenges Big Tech's dominance, sparking a sell-off in the S&P 500 and Nasdaq. Investors question future earnings growth for Nvidia and Broadcom, while analysts predict a broadening of the stock market rally beyond the "Magnificent Seven."

Published on: January 28, 2025, 05:02 PM UTC

BMW expects lower profit margins due to falling sales of premium cars and weak demand in China, despite strong electric vehicle sales.

Published on: January 28, 2025, 04:05 PM UTC

Nvidia stock rebounds premarket after Monday's AI-induced sell-off; analysts remain skeptical of DeepSeek's low training costs.

Published on: January 28, 2025, 04:02 PM UTC

The Nasdaq and S&P 500 rebounded on Tuesday, following a sharp stock sell-off spurred by concerns about over-confidence in Big Tech's potential payoff from investments in AI. Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting where the impact of his policies is likely to be discussed.

Published on: January 28, 2025, 04:02 PM UTC

Chevron and its partners aim to seize AI's surging electricity demand with natural gas-fired power plants near data centers, providing multi-gigawatt capacity by 2027.

Published on: January 28, 2025, 04:00 PM UTC

General Motors CEO Mary Barra discussed tariffs with President Trump and believes he understands their ramifications. Tariffs on Mexico and Canada could increase car prices by $3,000 on average, impacting automakers like GM and Ford.

Published on: January 28, 2025, 03:06 PM UTC

Discover rare coins that could be worth thousands! Learn the key characteristics to identify valuable coins and avoid spending them. Explore specific rare U.S. coins with their impressive sale prices and tips to find these hidden treasures.

Published on: January 28, 2025, 03:05 PM UTC

Starbucks brings Taco Bell executives to its team, aiming to enhance retail operations and store experiences. CEO Brian Niccol's "Back to Starbucks" plan involves assigning clear roles and responsibilities to Mike Grams and Meredith Sandland, who will oversee retail performance and store development strategy.

Published on: January 28, 2025, 03:01 PM UTC

The Nasdaq and S&P 500 struggled to rebound on Tuesday as investors grappled with concerns over AI investments and President Trump's renewed tariff threats. Tech stocks, hit hard in Monday's sell-off, began to chip away at losses. Meanwhile, the dollar strengthened after Trump's tariff threats. Investors are keeping a watchful eye on the Federal Reserve's two-day policy meeting, which began Tuesday, for clues on the impact of Trump's policies.

Published on: January 28, 2025, 03:01 PM UTC

CN and the International Brotherhood of Electrical Workers reach a tentative agreement, averting a strike that would have threatened a third of CN’s U.S. trade revenue.

Published on: January 28, 2025, 03:00 PM UTC