Posts with tag: technology
W.R. Berkley Corp. (WRB) reported Q4 EPS of $1.44, beating the Zacks Consensus Estimate of $0.94 per share. The company also topped revenue expectations.
Published on: January 27, 2025, 10:07 PM UTC
Sanmina (SANM) beats estimates with $2.01 billion in Q4 sales, a 7% year-over-year increase. Despite lower-than-expected revenue guidance for Q1, the company reports solid earnings of $1.44 per share, exceeding analyst estimates. Sanmina's revenue growth projections remain strong, indicating potential top-line performance improvement.
Published on: January 27, 2025, 10:05 PM UTC
US power stocks tumbled Monday after Chinese AI start-up DeepSeek unveiled a new competitive AI model, raising concerns over US companies' AI spending.
Published on: January 27, 2025, 10:02 PM UTC
Tech stocks plunge after AI startup DeepSeek worries investors. Nvidia (NVDA) leads the decline, falling 16.9%. Analysts say panic-selling is overdone, citing potential benefits of more efficient AI models like DeepSeek.
Published on: January 27, 2025, 10:02 PM UTC
Nvidia's Market Value Plummets as Chinese Generative AI Model Emerges, Threatening US Tech Dominance
Published on: January 27, 2025, 10:01 PM UTC
DeepSeek, a Chinese AI startup, has released an impressive ChatGPT rival, sparking concerns in the US over AI spending and driving a $1 trillion decline in tech stocks.
Published on: January 27, 2025, 10:00 PM UTC
Vertiv (VRT) shares plunge 29.87% as DeepSeek's advanced AI model challenges the need for expensive infrastructure, casting uncertainty over demand for data center products and services.
Published on: January 27, 2025, 09:03 PM UTC
LinkedIn co-founder Reid Hoffman launches AI startup Manas AI to accelerate cancer drug discovery.
Published on: January 27, 2025, 09:02 PM UTC
Listen and subscribe to Living Not So Fabulously on Apple Podcasts, Spotify, or wherever you find your podcasts. Former Biden adviser Jonathan Lovitz shares advice for small LGBTQ+ business owners during uncertain times.
Published on: January 27, 2025, 09:00 PM UTC
Smithfield Foods IPO Priced at $20 Per Share, Below Range: Sources
Published on: January 27, 2025, 08:01 PM UTC