Posts with tag: technology
Big Tech earnings concerns sparked a sell-off Monday, raising questions about the sustainability of the bull market. DeepSeek's AI developments ignited fears of increased competition for Nvidia and other tech giants. The "Magnificent Seven" stocks, including Microsoft, Alphabet, and Tesla, saw declines of 2% or more. Strategists have warned of risks to the market due to high index valuations and concentration in Big Tech stocks.
Published on: January 28, 2025, 02:04 PM UTC
Americans pay less in taxes than other developed countries, but it comes at a cost. The US relies heavily on state and local taxes, has a smaller safety net, and lacks a federal sales tax like VAT.
Published on: January 28, 2025, 02:03 PM UTC
Nvidia stock rebounds from AI-led sell-off; analysts assess DeepSeek impact
Published on: January 28, 2025, 02:02 PM UTC
UK competition watchdog launches investigation into Amazon, Microsoft cloud services
Published on: January 28, 2025, 01:08 PM UTC
Raytheon Technologies (RTX) reported strong Q4 results, beating revenue estimates by 5.4% with $21.62B. Organic revenue rose 11% year-on-year, driven by strong defense demand. Despite revenue guidance slightly missing expectations, RTX's non-GAAP EPS of $1.54 exceeded estimates by 12%, showcasing profitability growth. The company's valuation, business fundamentals, and recent quarterly performance should be considered for investment decisions. Read our full research report for detailed insights.
Published on: January 28, 2025, 01:08 PM UTC
Capital City Bank Group (CCBG) reported Q4 earnings of $13.1 million, or 77 cents per share, and revenue of $68.5 million. For the year, the bank holding company posted a profit of $52.9 million, or $3.12 per share, on revenue of $234.9 million.
Published on: January 28, 2025, 01:07 PM UTC
World Acceptance Corp. (WRLD) reported earnings of $13.4 million in its fiscal third quarter, with a profit of $2.45 per share.
Published on: January 28, 2025, 01:06 PM UTC
US power stocks tumble on DeepSeek AI concerns; Constellation Energy (CEG) and Vistra Corp (VST) hit hard.
Published on: January 28, 2025, 01:03 PM UTC
Nvidia's stock plunges 16.9% as China's AI startup DeepSeek sparks tech sell-off. Analysts say the panic selling may be overblown and that a more efficient AI model could actually boost AI use.
Published on: January 28, 2025, 01:03 PM UTC
The fourth edition of Yahoo Finance's Chartbook provides an in-depth analysis of the current economic and market landscape, exploring key trends and insights from leading experts in finance, economics, and market strategy. It covers topics such as the Federal Reserve's interest rate policy, the impact of tariffs and the Trump administration on the economy and markets, the dynamics of the ongoing bull market, and the challenges and opportunities presented by the changing economic cycle. The Chartbook highlights how the rise in US 10-year Treasury yields, along with the heightened uncertainty surrounding trade policy and fiscal imbalances, has led to a reassessment of market risks. It also examines how the tech sector's dominance in the S&P 500 has widened the valuation gap between the US and its European counterparts. Additionally, the Chartbook discusses the importance of labor market dynamics, corporate earnings growth, and the potential impact of a prolonged bull market on future returns. It also explores the role of technology in driving the real economy and the implications of fiscal policy on markets and the Federal budget deficit. Overall, this Chartbook provides a comprehensive and insightful overview of the key factors shaping the financial markets and the broader economy, helping investors and market participants navigate the complex and evolving landscape.
Published on: January 28, 2025, 01:02 PM UTC