Tag: technology

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Stronger AI Hopes Lift European Stocks, Alibaba Spurs Asian Surge

European stocks rise, led by Alibaba earnings boost; US futures little changed

Rivian Posts Strong Q4, Sees Smaller Loss in 2025

Rivian reports strong Q4 results, posting a gross profit and narrowing its full-year 2024 EBITDA loss estimate. Despite positive earnings, Rivian stock dips pre-market, impacted by guidance and regulatory uncertainties.

Musk's Rise During the Trump Era: The Surging Assets of the World's Wealthiest

Elon Musk's wealth has skyrocketed since Trump's election, with Tesla, Dogecoin, Twitter (X), xAI, and SpaceX all seeing significant gains.

BOJ could raise interest rates again in March on U.S. tariff threats

Bank of Japan may raise rates in March if US tariffs and domestic inflation persist, former BOJ board member says.

Gold Prices Hit All-Time High Amid Geopolitical Uncertainty and US Gold Verification Announcement

Gold hits record high as trade war fears, geopolitical risks fuel safe-haven demand. Trump's comments on verifying US gold reserves add to speculation of higher prices.

EU urged to reject automakers' bid to weaken CO2 targets, EV groups say

EU automakers' push to weaken 2025 CO2 emission targets and related fines should be rejected, say European electric transport groups in a letter to the European Commission President.

Japan's Bond Market Adjusts to BOJ's Hands-Off Approach

Japanese government bond investors are adjusting to a less hands-on approach from the Bank of Japan despite rising long-term interest rates. The BOJ has signaled it could increase bond buying if market moves become too extreme, but its primary focus remains on reducing its bond holdings. This change in stance highlights the BOJ's efforts to wean the economy off monetary support.

Tesla Eyed for Nissan Investment by Japanese Group

Elon Musk's Tesla Eyed for Nissan Investment by Japanese Group Following Honda Merger Talks Collapse

AustralianSuper fined A$27 million for failing to merge duplicate accounts

Australia's largest pension fund AustralianSuper fined $17.3 million for failing to merge duplicate accounts, affecting 90,700 members and causing $69 million in losses.

Rivian Reports Strong Q4 Results, Gross Profit, Smaller 2024 EBITDA Loss

Rivian Reports Strong Q4 Results, Posts Gross Profit, and Narrows EBITDA Loss