Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
Earnings season continues, with a diverse array of companies set to report their financial results on Wednesday, January 29, 2025. Leading the charge are tech giants Microsoft, Tesla, and Meta, along with other notable firms across various sectors.
The Dow Jones led, the S&P 500 hit record highs and many tech growth leaders among the winners.The Dow Jones Industrial Average popped 2.15% in last week's stock market trading. The S&P 500 index gained 1.
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
DeepSeek’s cost-efficient AI training advancements rocked tech markets on Monday and came in just in time to give U.S. tech investors a reason to pay close attention to earnings season. Tech earnings will kick off on Wednesday,
Latest earnings for four Magnificent Seven stocks are announced this week. Results will be key to restoring investor sentiment after DeepSeek shock
Chicago, IL – January 27, 2025 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list Tesla TSLA, Microsoft MSFT, Meta Platforms META and Apple AAPL.
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important for markets than the Fed's rate decision.
The surge in Chinese AI chat assistant DeepSeek to the top of the Apple app charts couldn’t have been better timed to put pressure on the biggest U.S. technology companies. Four of the Magnificent Seven companies–the tech titans that powered huge gains in stock indexes over the past two years–report earnings this week.
With the dominant iPhone franchise, Apple has grown into one of the largest companies in the world in the last two decades. Over its fiscal 2024 (ended Sep.28), the company reported $391 billion in revenue, with over half of these sales coming from the iPhone segment. Ten years ago, the company was generating under $200 billion in revenue.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher