Posts with tag: technology
Vietnamese conglomerate Vingroup faces intense scrutiny over its financial support for loss-making electric vehicle maker VinFast, with shares near multi-year lows and foreign investors selling. Moody's and Fitch have downgraded Vingroup's real estate unit Vinhomes' debt, citing concerns about its links to VinFast.
Published on: January 23, 2025, 05:00 AM UTC
Jamie Dimon and Elon Musk have reconciled after years of feuding. Dimon supports Musk's efforts with the Department of Government Efficiency (DOGE), saying he'd "love to be helpful" with the government efficiency effort.
Published on: January 23, 2025, 03:00 AM UTC
Indian stocks that surged in 2024 face a poor start to 2025 as investors question valuations amid disappointing earnings results, with Zomato and Oberoi Realty among the hardest hit.
Published on: January 23, 2025, 02:03 AM UTC
Salesforce and Microsoft CEOs trade barbs over AI rivalry. Salesforce's AI bots compete with Microsoft's Copilot for workplace supremacy.
Published on: January 23, 2025, 02:03 AM UTC
Tech stocks surged on Wednesday, driven by a record high for Netflix. President Trump's support for AI investments outweighed tariff concerns, pushing the Nasdaq Composite up nearly 1.3%. The S&P 500 climbed over 0.6%, approaching its record high, while the Dow Jones Industrial Average gained 0.3%.
Published on: January 23, 2025, 02:02 AM UTC
Asian markets open mixed as investors weigh US rally and Trump policies.
Published on: January 23, 2025, 01:00 AM UTC
Netflix stock soars to all-time high after Q4 earnings beat expectations, adding 18.9 million subscribers. Revenue and EPS also exceed estimates, driving stock price up nearly 10%. Company announces $15 billion stock buyback and boosts full-year revenue outlook.
Published on: January 23, 2025, 12:02 AM UTC
Retail CEOs are better equipped to deal with tariffs this time around as Trump retakes the Oval Office.
Published on: January 22, 2025, 11:03 PM UTC
Salesforce CEO Marc Benioff criticizes Microsoft's AI chatbot Copilot, calling it a repackaged version of ChatGPT. Despite skepticism from some analysts, Salesforce's AI bots, Agentforce, have been gaining traction, with new deals closed with major companies like FedEx and IBM.
Published on: January 22, 2025, 11:02 PM UTC
Netflix stock surged to an all-time high after the streaming giant reported a record 18.9 million new subscribers in Q4, along with strong revenue and earnings growth. Analysts raised price targets, with Pivotal Research setting a Street-high target of $1,250. Netflix also announced a $15 billion buyback and boosted its full-year revenue outlook.
Published on: January 22, 2025, 11:02 PM UTC