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Meta warns first-quarter revenue will miss Wall Street expectations
[ad_1] META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals...
Oil prices settle down as US stockpile grows, tariffs still in focus
[ad_1] OIL prices fell on Wednesday (Jan 29), with the US benchmark settling at its lowest year to date, after domestic crude stockpiles in the world’s top petroleum producer and...
Europe: Tech stocks lift Stoxx 600 to record high; US Fed in focus
[ad_1] EUROPEAN shares closed at a record high on Wednesday (Jan 29), boosted by technology stocks following strong results from chip equipment maker ASML, while investors shifted their focus to...
Waymo is getting ready to tackle Los Angeles’ freeways. How have the robotaxis fared so far?
[ad_1] Waymo’s fleet of electric, self-driving taxis has been on the streets of Los Angeles for a few months now. And in a post on X this week, the company...
US markets: Stock buyers step in to boost tech after AI jolt
[ad_1] The world’s largest technology companies climbed after a selloff that shook markets around the globe, with traders gearing up for the start of the megacap earnings season and the...
Singapore needs to seek out partners, launch initiatives to reel in tech IPOs
[ad_1] Market observers also suggest that SGX identify a niche area, for example; more moves could emerge in Budget 2025WITH the Monetary Authority of Singapore (MAS) Review Group looking into...
Logan Group says creditors holding 66% debt have agreed to overhaul plan
[ad_1] DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an agreement in support of its restructuring plan,...
World’s richest people lose US$108 billion after DeepSeek sell-off
[ad_1] The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led sell-off tied to Chinese artificial intelligence...
Who is Liang Wenfeng, the geek behind DeepSeek?
[ad_1] The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday suffered a wipeout of nearly US$600...
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
[ad_1] Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of Chinese AI firm DeepSeek caused a meltdown...
