Posts with tag: technology
Novo Nordisk CEO unconcerned about Medicare price negotiations due to comparable prices in Europe and diverse revenue streams.
Published on: February 05, 2025, 10:03 PM UTC
Federal Reserve officials stress caution amid President Trump's new tariffs, highlighting concerns about potential inflationary pressures and the need to closely monitor economic data before adjusting monetary policy.
Published on: February 05, 2025, 09:02 PM UTC
Workday cuts 8.5% of workforce, focusing on strategic areas like AI and overseas expansion.
Published on: February 05, 2025, 09:00 PM UTC
Elizabeth Warren supports GOP efforts to combat "debanking" by big banks, as she believes it may be a result of an anti-money laundering and 'reputational risk' regime administered by federal agencies where certain types of customers are designated as 'high risk.'
Published on: February 05, 2025, 08:03 PM UTC
Meta, Microsoft, Google, and Amazon are expected to spend a combined $228 billion on AI infrastructure in 2025, a 55% increase from 2024. Investors are concerned about the timeline for the payoff and whether such high levels of spending are justified, especially in light of the recent debut of DeepSeek, a Chinese startup that offers competitive AI models at a fraction of the price. Despite these concerns, Meta, Microsoft, and Google have all announced plans to increase their AI spending in 2025, while Amazon is expected to report its AI spending plans when it reports fourth quarter earnings on Thursday.
Published on: February 05, 2025, 08:02 PM UTC
Novo Nordisk CEO is unconcerned about Medicare drug price negotiations due to comparable prices in Europe, previous experience, and the company's focus on a strong pipeline and next-generation drugs.
Published on: February 05, 2025, 08:02 PM UTC
Johnson Controls (JCI) shares surged 12% after reporting strong Q1 results, with organic revenue growth of 10% and EPS guidance exceeding expectations.
Published on: February 05, 2025, 07:06 PM UTC
Match Group shares plunge 10.2% premarket after weak Q4 results and missed guidance, casting doubt on management's ability to stabilize demand and subscriber trends.
Published on: February 05, 2025, 07:06 PM UTC
Workday (WDAY) stock surges 6.5% premarket on strong Q4 guidance and restructuring plans. Read our full analysis report for insights on the market's reaction and the stock's potential.
Published on: February 05, 2025, 07:05 PM UTC
Apple shares fell after a report that China is considering an antitrust probe into its App Store policies. The company has been facing regulatory scrutiny in the US and EU as well.
Published on: February 05, 2025, 07:03 PM UTC