Tag: technology

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Powell Rejects Rate Cuts as Treasury Yields Rise, Equities Fluctuate

Treasury yields rose and stocks fluctuated as Federal Reserve Chair Jerome Powell indicated no rush to cut rates, with most big techs weighing on the market.

Apple's Powerbeats Pro 2: First Earbuds with Built-In Heart Rate Monitors

Apple's Beats Powerbeats Pro 2 earbuds debut with built-in heart rate monitoring sensors, improved audio, battery life, and more.

Europe Eyes Further Action Against DeepSeek AI Amid Concerns

Cheap Chinese AI chatbot DeepSeek may face further actions from European privacy regulators, the European Data Protection Board says, amid concerns over its data collection practices.

Shopify Outlook Disappoints Despite Q4 Earnings Beat

Shopify's Q4 results exceeded expectations but its outlook underwhelmed. Q4 revenue rose 31.2% to $2.81B, beating estimates. However, its current-quarter revenue growth forecast of mid-twenties percentage was in line with consensus, suggesting investors may have expected more.

Data Centre Connection Delays Hinder France's AI Investment Drive

France's nuclear power advantage for AI investment may be hindered by delays in connecting data centers to the electricity grid, posing challenges for attracting billions in investment.

Super Micro Computer Stock Falls Over 5%

Super Micro Computer stock plunged 7% Tuesday, ending a five-day rally. Despite an upswing ahead of its Feb. 11 business update, shares remain well below their March 2022 peak amid ongoing challenges.

OpenAI CEO Says Company Not For Sale

DuPont Shares Soar on Strong Earnings, Electronics Boost

DuPont beats profit forecasts on strong electronics sales, with organic sales surges in key units driving revenue growth. Read to learn more about the company's future plans and outlook.

Goldman Sachs Ends Pledge on All-Male, All-White Boards

Goldman Sachs scraps diversity pledge for companies going public

Top CFPB enforcement officials resign, citing halted activity

Top CFPB Enforcement and Supervision Officers Resign After Agency Shutdown