Tag: technology

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Embraer Signs $7 Billion Deal with Flexjet for Executive Jets

Embraer signs $7 billion aircraft deal with Flexjet for 182 firm orders and 30 options, marking the largest order in Flexjet's 30-year history and Embraer's executive aircraft division.

USPS Suspends Inbound International Packages From China

USPS suspends international packages from China, Hong Kong, potentially delaying or blocking shipments from Asian e-commerce retailers like Shein and Temu. The move highlights challenges for businesses amid US-China tensions and a crackdown on small package loopholes.

Capri Holdings Revenue Outlook Falls Short Amid Luxury Goods Slump

Capri Holdings shares fell as the Michael Kors owner forecasts annual revenue below estimates amid slowing luxury demand.

Hapag-Lloyd to Weather U.S. Tariffs on China, Says CEO

Hapag-Lloyd, the fifth-largest container company, says it can handle US tariffs on Chinese products and expects shipping volumes to grow in 2025.

DeepSeek AI Models Gain Momentum in China, Fueling Industry Growth

Chinese companies embrace DeepSeek AI models, hailing 'watershed moment' for industry

Auto Stocks Slump on Trump Tariffs

Global auto stocks slide on Trump tariffs targeting cars from Mexico, Canada

Chipotle Meets Expectations Despite Headwinds, CEO Scott Boatwright Provides Conservative Guidance

Chipotle meets expectations for its fourth quarter with a 5.4% increase in same-store sales and a 7.4% increase in full-year earnings, despite headwinds such as inclement weather and tough comparisons. The company plans to open 315-345 locations this fiscal year and expects low- to mid-single-digit same-store sales growth in 2025.

OpenAI CEO Meets with India's IT Minister to Discuss AI Ecosystem

OpenAI CEO Meets with India's IT Minister to Discuss Low-Cost AI Ecosystem

Google Falls Short on Cloud Revenue Despite Earnings Beat

Google parent Alphabet beats on earnings but falls short on cloud revenue; stock dips in after-hours trading.

Chipotle beats on earnings, posts strong same-store sales growth

Chipotle reported strong fourth quarter and full-year earnings, driven by consistent sales growth and expanding margins. Despite facing headwinds, the company met expectations and is optimistic about the future, with plans for store expansion and new product launches.