Latest in Meta to report fourth quarter earnings amid DeepSeek mania and ballooning AI investments
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Apple reports sagging iPhone sales in China as first-quarter earnings barely beat Wall Street’s expectations
Investors pay close attention to tech company’s foray into AI after Apple Intelligence’s glitches and inaccuracies. Apple slightly beat analysts’ expectations in its first-quarter earnings for ...The Guardian - 1h -
Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 5h -
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.The New York Times - 8h -
US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 8h -
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.CNBC - 21h -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 1d -
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...ABC News - 1d -
Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 5h -
Meta sticks with big bet on AI even after DeepSeek shook markets
Chief Mark Zuckerberg says group will plough ‘hundreds of billions’ into artificial intelligenceFinancial Times - 21h -
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.MarketWatch - 22h -
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”MarketWatch - 22h -
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...The Guardian - 22h -
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.CNBC - 1d -
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI
Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...The Guardian - 1d -
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments
Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...The Guardian - 1d -
T-Mobile’s stock climbs after fourth-quarter earnings beat and robust guidance
T-Mobile expects postpaid net customer additions of between 5.5 million and 6 million for 2025, the company’s highest-ever guidance range issued at the beginning of the year.MarketWatch - 1d -
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.CNBC - 2d -
Chinese AI chatbot DeepSeek censors itself in realtime, users report
Depending on version downloaded, app approaches its answers with preamble of reasoning that it then erases. We tried out DeepSeek. It worked well, until we asked it about Tiananmen Square and ...The Guardian - 2d -
China heralds DeepSeek as a symbol of AI advancements amid U.S. restrictions
An artificial intelligence lab in China has become the latest front in the U.S.-China rivalry, raising doubts as to how much — and for how much longer — the United States is in the lead in ...NBC News - 2d -
DeepSeek rattles Wall Street. What the Chinese startup means for Nvidia, Meta and the rest of our AI stocks
We explore DeepSeek's wide-ranging implications for our investment portfolio.CNBC - 3d -
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
DeepSeek chatbot tops Apple's app-store charts.ABC News - 3d -
Tech stocks drop amid rise of China's DeepSeek AI model
Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity. Nvidia, ...The Hill - 3d -
$60 billion in one year: Mark Zuckerberg touts Meta's AI investments
Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its newest AI model, Llama 4, which is set to launch this year.NBC News - 6d -
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...The Guardian - Jan. 21 -
VA secretary nominee promises expanded care options amid worries of ballooning costs
Former Georgia Rep. Doug Collins, President Trump’s pick to lead the Department of Veterans Affairs, on Tuesday hinted at an expanded health care delivery system after years of pressure to bring ...The Hill - Jan. 21 -
AI mania takes over Davos as the world's biggest firms tout their offerings
The Promenade in Davos, Switzerland is the focal point of the World Economic Forum's annual meeting in the Swiss ski town — and AI is front and centerCNBC - Jan. 21 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5