Posts with tag: technology
MicroStrategy (MSTR) Bought $1.1B of Bitcoin, Redeemed Convertible Notes, and Approved Share Increase. The company now owns over 2% of all Bitcoin ever created.
Published on: January 27, 2025, 01:01 PM UTC
Former Lambda Labs COO Mitesh Agrawal has left to lead AI hardware startup Positron, which aims to compete with Nvidia by offering faster, energy-efficient hardware for transformer model inference.
Published on: January 27, 2025, 12:06 PM UTC
Chinese AI startup DeepSeek challenges Nvidia's dominance with a cost-effective AI model that runs on less advanced chips, sparking concerns over the validity of high valuations for US tech giants.
Published on: January 27, 2025, 12:05 PM UTC
Chili's and other casual dining chains are competing for market share as consumers return to their pre-COVID dining habits. Despite industry challenges such as fragmentation and inflation, brands like Chili's are using value promotions, marketing, and technology to gain a competitive advantage.
Published on: January 27, 2025, 12:02 PM UTC
Microsoft (MSFT) is expected to report earnings results for the second fiscal quarter after the market closes on Wednesday. Analysts’ estimates compiled by FactSet (FDS) predict revenues of $68.9 billion and earnings per share of $3.11 for the quarter ended in December.
Published on: January 27, 2025, 12:01 PM UTC
Meta (META) is set to release its fourth-quarter earnings results on Wednesday. Analysts expect revenues of $47 billion and earnings per share of $6.75. CEO Mark Zuckerberg outlines plans to invest heavily in AI, including a new data center, and discusses recent headcount cuts and policy changes.
Published on: January 27, 2025, 12:00 PM UTC
Billionaire Ray Dalio, founder of Bridgewater Associates, shares his investing mantras, including the importance of diversification, humility, and patience. Learn how to navigate market volatility and achieve long-term success by listening to the full podcast from Yahoo Finance.
Published on: January 27, 2025, 10:02 AM UTC
Chinese startup DeepSeek's free AI assistant challenges established AI solutions, causing selloff in AI-related stocks like Nvidia. Tech-heavy Nasdaq futures tumble on concerns over AI disruption.
Published on: January 27, 2025, 10:00 AM UTC
Philippine peso heads toward record low as BSP plans further rate cuts amid slowing growth.
Published on: January 27, 2025, 08:03 AM UTC
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Published on: January 27, 2025, 08:00 AM UTC