Tag: web development

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Tokyo Inflation Accelerates, Backing BOJ's Rate Hike Outlook

Tokyo's inflation rate accelerates, supporting the Bank of Japan's decision to raise interest rates. Economic data suggests Japan's moderate recovery continues, with a tight labor market, higher industrial production, and increased retail sales.

Gen Digital Surpasses Q3 Estimates Amidst Growing Cybersecurity Demand

Gen Digital sees profits rise with a 4% increase in revenue, exceeding analysts' estimates with $986 million.

Market Volatility and Apple's Earnings Weigh on Indices

Volatility hits markets after President Trump threatens tariffs on Mexico and Canada, sending currencies tumbling and stocks on a roller coaster ride. Key events to watch include US personal income, spending, and PCE inflation data this week.

Kash Patel's Net Worth: Over $5.9 Million, Income Exceeds $2.6 Million

Kash Patel, Trump's FBI Director nominee, is worth over $5.9 million and made $2.6 million last year through consulting, paid speeches, and books.

Atlassian Reports Narrower Q2 Loss, Revenue Tops Estimates

Atlassian Corporation Plc (TEAM) reported a loss of $38.2 million in Q2, with earnings of 96 cents per share, beating Wall Street expectations. Revenue was $1.29 billion, also exceeding forecasts.

GSI Technology Reports Q3 Loss of $4 Million

GSI Technology Inc. (GSIT) reported a Q3 loss of $4 million, or 16 cents per share, on revenue of $5.4 million. The chipmaker expects Q4 revenue of $5.4-$6.2 million. (Zacks)

Major Market Indexes Move Higher as Consumer Spending Buoys Economic Growth

Stocks mostly up on consumer spending boost; UPS falls on Amazon delivery cut

US Stocks Rise on Data, Earnings Outlook

Strong Economic Data and Tech Earnings Boost Stocks as Market Bulls Hope for Broadening Rally

Pending Home Sales Drop as Mortgage Rates Take Toll

Housing contract activity slowed in December as higher mortgage rates cool buyer demand, according to the National Association of Realtors.

The DeepSeek Disruption: Implications for AI and the Market

DeepSeek, an AI startup, shakes up the AI market, raising questions about the future of AI training costs and the valuations of companies like Nvidia (NVDA) and Microsoft (MSFT).