Author: MAK Gojar

Chinese businesses are tapping DeepSeek’s newest AI model to see how it can improve productivity.Chinese businesses are tapping DeepSeek’s newest AI model to see how it can improve productivity.    Dado Ruvic | Reuters BEIJING — Chinese businesses are tapping DeepSeek’s newest artificial intelligence model to see how it can improve productivity. The Chinese AI model took the world by storm in recent weeks after showcasing its reasoning process and claims to undercut rival OpenAI’s ChatGPT on cost — despite U.S. restrictions on Chinese access to the advanced semiconductors needed to develop the tech. Eight automakers including BYD, at least nine…

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The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three months.The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three months.    A general view of people visiting the Trafalgar Tavern pub decorated with bunting and string lights on the bank of the River Thames in Greenwich on December 16, 2023 in London, United Kingdom.  John Keeble | Getty Images News | Getty Images The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, according to a preliminary estimate…

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The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.    Sony PlayStation games are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Sony on Thursday raised revenue and profit forecasts for the full year after reporting a significant jump in gaming sales for the fiscal third quarter. Here’s how Sony did in…

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British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.    In this article BARC-GB Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images British bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback. Pretax profit rose by…

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Cisco topped analysts’ estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.Cisco topped analysts’ estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.    In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and guidance that topped Wall Street’s expectations. Here’s how the company…

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Reddit reported better-than-expected results, but the company issued disappointing user numbers.Reddit reported better-than-expected results, but the company issued disappointing user numbers.    In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in its fourth-quarter earnings. Here’s how the company did compared with LSEG estimates: Earnings…

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After a banner year that saw AppLovin’s stock jump more than 700%, the company reported better-than-expected results for the fourth quarter.After a banner year that saw AppLovin’s stock jump more than 700%, the company reported better-than-expected results for the fourth quarter.    In this article APP Follow your favorite stocksCREATE FREE ACCOUNT AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings per share: $1.73 vs. $1.24 expected Revenue: $1.37 billion vs.…

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Reddit reported better-than-expected results, but the company issued disappointing user numbers.Reddit reported better-than-expected results, but the company issued disappointing user numbers.    In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in its fourth-quarter earnings. Here’s how the company did compared with LSEG estimates: Earnings…

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Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China.Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China.    An Apple Store on Jan. 26, 2025, in Chongqing, China.  Cheng Xin | Getty Images News | Getty Images Alibaba Group Chairman Joe Tsai confirmed on Thursday that the company was partnering with Apple to roll out AI for iPhones sold in China, speaking at the World Governments Summit in Dubai. “[Apple]  talked to a…

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Software vendors SAP and Databricks are joining forces to help companies analyze their most critical data.Software vendors SAP and Databricks are joining forces to help companies analyze their most critical data.    In this article SAP Follow your favorite stocksCREATE FREE ACCOUNT Christian Klein, CEO of the software group SAP, during the annual press conference. Europe’s largest software manufacturer SAP is today announcing its figures for the past financial year.  Uwe Anspach | Picture Alliance | Getty Images SAP is one of the world’s largest software companies. Databricks is among the fastest growing. On Thursday, the two companies announced a partnership…

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Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.    DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt. “It’s like if I was a doctor and I was speaking with you about your…

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