Tag #Tech

Showing 49 to 60 of 79 results

cnbc.com

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Feb 6, 16:14

Mixed Market Reactions to Earnings, Tariffs, and Alphabet's DEI Decision

Wednesday's stock market saw gains despite Alphabet and AMD losses, driven by Nvidia; however, Ford's positive earnings were offset by concerns about 2025 headwinds and potential tariff impacts, while Alphabet scrapped its DEI goals and the Fed expressed concern about tariffs' inflationary impact.

Mixed Market Reactions to Earnings, Tariffs, and Alphabet's DEI Decision

Wednesday's stock market saw gains despite Alphabet and AMD losses, driven by Nvidia; however, Ford's positive earnings were offset by concerns about 2025 headwinds and potential tariff impacts, while Alphabet scrapped its DEI goals and the Fed expressed concern about tariffs' inflationary impact.

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What were the immediate market reactions to mixed corporate earnings reports and ongoing concerns about tariffs?

Despite losses from Alphabet and AMD, the S&P 500 and Nasdaq rose on Wednesday, with Nvidia's 5% gain boosting the Dow. Stock futures showed little change Thursday morning ahead of earnings reports from several companies. Ford exceeded earnings expectations but cautioned about 2025 due to market headwinds and potential tariff impacts.

forbes.com

🌐 85% Global Worthiness

Feb 4, 19:12

Palantir's Market Cap Surpasses $200 Billion on Strong AI Growth

Palantir Technologies' market cap exceeded \$200 billion following a strong earnings report, boosting the net worth of its CEO and co-founder; government contracts comprised 55% of its 2024 revenue.

Palantir's Market Cap Surpasses $200 Billion on Strong AI Growth

Palantir Technologies' market cap exceeded \$200 billion following a strong earnings report, boosting the net worth of its CEO and co-founder; government contracts comprised 55% of its 2024 revenue.

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How does Palantir's reliance on government contracts influence its overall financial stability and future growth prospects, considering its high valuation?

Palantir's remarkable stock performance, exceeding a 10-fold increase in two years, reflects investor confidence in its AI capabilities and strong government contracts. This success is further underscored by its status as the S&P 500's top performer in 2024. However, concerns remain regarding its high price-to-sales ratio compared to industry peers.

theguardian.com

🌐 85% Global Worthiness

Feb 4, 16:11

China's Targeted Retaliation: Strategic Minerals and Selective Tariffs

In response to US tariffs, China imposed retaliatory tariffs on various sectors, including tech, energy, and agriculture, with export controls on strategic minerals, highlighting economic interdependence and potential for escalation.

China's Targeted Retaliation: Strategic Minerals and Selective Tariffs

In response to US tariffs, China imposed retaliatory tariffs on various sectors, including tech, energy, and agriculture, with export controls on strategic minerals, highlighting economic interdependence and potential for escalation.

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What are the immediate economic consequences of China's retaliatory tariffs on the United States?

Following the imposition of US tariffs on Chinese goods, China retaliated with its own tariffs targeting various sectors including tech, energy, agriculture, and autos. Some levies, like those on US LNG, had limited impact due to low export volumes to China. However, export controls on strategic minerals like tungsten, vital for US tech and defense, hold significant economic leverage.

nrc.nl

🌐 85% Global Worthiness

Jan 31, 16:08

Nvidia Stock Plunges 17% Amidst Chinese AI Breakthrough

Nvidia's stock price dropped 17 percent on Monday after a Chinese company, DeepSeek, created a competing AI program with minimal resources, prompting concerns about US tech sector valuations and the potential for complacency due to limited competition.

Nvidia Stock Plunges 17% Amidst Chinese AI Breakthrough

Nvidia's stock price dropped 17 percent on Monday after a Chinese company, DeepSeek, created a competing AI program with minimal resources, prompting concerns about US tech sector valuations and the potential for complacency due to limited competition.

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What are the immediate impacts of DeepSeek's AI breakthrough on US tech valuations and investor confidence?

Nvidia's stock price plummeted 17 percent on Monday after a Chinese AI company, DeepSeek, created a ChatGPT rival using outdated chips and minimal investment. This unexpected breakthrough prompted other Chinese companies, ByteDance and Alibaba, to quickly unveil their AI models, significantly impacting investor confidence in the US tech sector.

news.sky.com

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Jan 28, 13:10

Chinese AI Startup DeepSeek Triggers \$1 Trillion Loss in US Tech Stocks

DeepSeek, a Chinese AI startup, caused a \$1 trillion loss in US tech stocks with its new chatbot, now the top free app in the US and UK, raising concerns about US competitiveness and data security, prompting President Trump to strengthen export controls.

Chinese AI Startup DeepSeek Triggers \$1 Trillion Loss in US Tech Stocks

DeepSeek, a Chinese AI startup, caused a \$1 trillion loss in US tech stocks with its new chatbot, now the top free app in the US and UK, raising concerns about US competitiveness and data security, prompting President Trump to strengthen export controls.

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What is the immediate impact of DeepSeek's AI chatbot on the global technology market and US-China relations?

DeepSeek, a little-known Chinese AI company, sent shockwaves through Wall Street, causing Nvidia to lose nearly \$600 billion in market value and US tech stocks to lose over \$1 trillion. The company's AI chatbot, available as a free app, is now incredibly popular, posing a threat to significant AI investments.

cnbc.com

🌐 85% Global Worthiness

Jan 28, 22:12

Mixed Q4 Results Send Shockwaves Through Major Companies

Several companies experienced significant stock market fluctuations today, including JetBlue (-26%), Lockheed Martin (-8%), RTX (+2%), General Motors (-9.5%), Boeing (+4%), and Royal Caribbean (+12.5%), based on their Q4 2023 earnings reports and future guidance.

Mixed Q4 Results Send Shockwaves Through Major Companies

Several companies experienced significant stock market fluctuations today, including JetBlue (-26%), Lockheed Martin (-8%), RTX (+2%), General Motors (-9.5%), Boeing (+4%), and Royal Caribbean (+12.5%), based on their Q4 2023 earnings reports and future guidance.

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What are the long-term implications of these financial results and projections on investor confidence and future investment strategies across various sectors?

The market reacted strongly to variations in company guidance and Q4 results, demonstrating the importance of meeting or exceeding expectations. JetBlue's cost outlook and Lockheed Martin's revenue shortfall illustrate investor concerns about future profitability, while the positive performance of RTX and Royal Caribbean underscores the potential for significant gains from exceeding expectations. The contrasting responses highlight investors' focus on long-term sustainability and near-term results.

abcnews.go.com

🌐 85% Global Worthiness

Feb 5, 22:13

Workday Cuts 8.5% of Workforce to Fund AI Investments

Workday, a California-based human resources software company, announced 1,750 job cuts (8.5% of its workforce) on Wednesday, incurring $230-$270 million in charges, to invest in AI and restructure for growth; despite the cuts, the company reported strong Q3 earnings and plans to continue hiring in s...

Workday Cuts 8.5% of Workforce to Fund AI Investments

Workday, a California-based human resources software company, announced 1,750 job cuts (8.5% of its workforce) on Wednesday, incurring $230-$270 million in charges, to invest in AI and restructure for growth; despite the cuts, the company reported strong Q3 earnings and plans to continue hiring in s...

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What is the immediate impact of Workday's job cuts on the company and the broader tech sector?

Workday, a human resources software company, is cutting 1,750 jobs (8.5% of its workforce) to fund AI investments and restructure for growth. The company expects to incur $230-$270 million in charges, but will continue hiring in some areas. US employees will receive at least 12 weeks severance.

cnbc.com

🌐 85% Global Worthiness

Feb 4, 16:11

Palantir Q4 Beat Sends Shares Soaring, but Analyst Opinions Diverge

Palantir Technologies reported a 36% revenue increase in Q4 2024, exceeding expectations and resulting in an 18% premarket share surge; however, despite positive guidance and several analyst upgrades, some maintained cautious ratings due to concerns about future growth and valuation.

Palantir Q4 Beat Sends Shares Soaring, but Analyst Opinions Diverge

Palantir Technologies reported a 36% revenue increase in Q4 2024, exceeding expectations and resulting in an 18% premarket share surge; however, despite positive guidance and several analyst upgrades, some maintained cautious ratings due to concerns about future growth and valuation.

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What is the immediate market impact of Palantir's strong Q4 results and positive guidance?

Palantir Technologies reported a 36% revenue expansion in Q4, exceeding analyst expectations and leading to an 18% surge in premarket shares. The company's positive outlook, including projected full-year sales between $3.74 billion and $3.76 billion, fueled several analyst upgrades and increased price targets.

lemonde.fr

🌐 85% Global Worthiness

Feb 1, 22:07

Silicon Valley's Elite Court Favor with President Trump

Tech CEOs like Bill Gates, Jeff Bezos, and Sam Altman expressed optimism about President Trump's second term, actively courting favor through meetings, financial contributions to his inauguration, and lavish accommodations, highlighting the continued influence of Silicon Valley's elite in politics.

Silicon Valley's Elite Court Favor with President Trump

Tech CEOs like Bill Gates, Jeff Bezos, and Sam Altman expressed optimism about President Trump's second term, actively courting favor through meetings, financial contributions to his inauguration, and lavish accommodations, highlighting the continued influence of Silicon Valley's elite in politics.

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How does this behavior challenge the perception of Silicon Valley as a disruptive force in established power structures?

The article reveals a pattern of prominent tech figures actively courting favor with President Trump, exemplified by meetings, financial contributions to his inauguration, and lavish accommodations. This behavior challenges the narrative of Silicon Valley's opposition to traditional power structures.

nos.nl

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Jan 29, 16:12

ASML Exceeds 2024 Revenue Expectations Amidst Chip Industry Headwinds

ASML reported €28.3 billion in 2024 revenue, exceeding expectations despite industry challenges, with a record-breaking Q4 driven by €7 billion in orders and projecting €30-€35 billion in revenue for 2025.

ASML Exceeds 2024 Revenue Expectations Amidst Chip Industry Headwinds

ASML reported €28.3 billion in 2024 revenue, exceeding expectations despite industry challenges, with a record-breaking Q4 driven by €7 billion in orders and projecting €30-€35 billion in revenue for 2025.

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What are the key factors driving ASML's 2024 revenue performance and its implications for the global chip industry?

ASML, a Dutch chip machine maker, narrowly exceeded its 2024 revenue target, reaching €28.3 billion. The final quarter was exceptionally strong, with €9.3 billion in revenue—€1.8 billion above the previous record. This follows a predicted slowdown in growth from previous years.

cnbc.com

🌐 85% Global Worthiness

Jan 28, 19:13

Grammarly's \$13 Billion Success Story: From Bootstrap to AI-Powered Writing Giant

Grammarly, a \$13 billion writing-assistance software company founded in 2009 by three Ukrainian developers, initially bootstrapped the business, nearly going broke multiple times before achieving significant success with a freemium model and leveraging AI advancements.

Grammarly's \$13 Billion Success Story: From Bootstrap to AI-Powered Writing Giant

Grammarly, a \$13 billion writing-assistance software company founded in 2009 by three Ukrainian developers, initially bootstrapped the business, nearly going broke multiple times before achieving significant success with a freemium model and leveraging AI advancements.

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What immediate impact did Grammarly's initial success have on its founders and the company's financial stability?

Grammarly, a writing-assistance software valued at \$13 billion in 2021, was founded in 2009 by three Ukrainian developers who initially invested nearly all their savings, bootstrapping the company until 2011 when it reached 300,000 paid subscribers. This high-risk venture, initially met with skepticism, demonstrates the potential for significant financial success through perseverance and adaptation.

smh.com.au

🌐 85% Global Worthiness

Jan 28, 07:10

DeepSeek's AI Disruption Shakes US Tech, Offers Respite to Australian Market

On Tuesday, the unexpected launch of a low-cost Chinese AI model by DeepSeek triggered a sharp decline in US tech stocks, temporarily benefiting the Australian market while raising concerns about the future of US AI dominance and prompting scrutiny from key figures like Elon Musk and President Trump...

DeepSeek's AI Disruption Shakes US Tech, Offers Respite to Australian Market

On Tuesday, the unexpected launch of a low-cost Chinese AI model by DeepSeek triggered a sharp decline in US tech stocks, temporarily benefiting the Australian market while raising concerns about the future of US AI dominance and prompting scrutiny from key figures like Elon Musk and President Trump...

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What is the immediate impact of the Chinese AI company DeepSeek's market entry on the US and Australian stock markets?

The emergence of DeepSeek, a Chinese AI company offering a low-cost AI model, caused a significant downturn in US tech stocks on Tuesday, impacting major indices like the Nasdaq and S&P 500. This event provided a temporary reprieve for the Australian share market, which has lagged behind Wall Street for over five years. However, some Australian tech companies, particularly those involved in data centers, experienced losses.

Showing 49 to 60 of 79 results