Month: January 2025
How DeepSeek and next-generation AI agents could erode value of language models
Jaap Arriens | NurPhoto via Getty Images Large language models like those developed by Microsoft-backed firm OpenAI are set to become commoditized this year amid rapid advances toward next-generation artificial intelligence agents and more nimble, open-source rivals, according to top tech executives. Last week, Chinese AI firm DeepSeek released R1, an open-source reasoning model that […]
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Chinese state-linked accounts hyped DeepSeek AI launch ahead of US stock rout, Graphika says
Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek’s AI models last week, days before the news tanked U.S. tech stocks, according to online analysis firm Graphika. Anadolu | Anadolu | Getty Images Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek’s AI models last week, days before the news tanked U.S. tech stocks, according to online […]
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Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter
Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue and operating profit, though its operating profit sharply dropped from last quarter. Here are Samsung’s fourth-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who […]
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Cook points to ‘fiscal stimulus’ after Apple suffers steepest China sales decline in a year
When Apple reported its December quarter earnings on Thursday, it revealed that China sales had dropped 11.1% on an annual basis. It was the worst quarter by growth rate since the December quarter a year ago, and marks the sixth straight quarter of declines in Apple’s third-largest region by revenue. Ahead of Apple earnings, analysts […]
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Nasdaq 100 celebrates 40 years: Is crypto the next big driver for gains?
ETF Edge Nasdaq 100 celebrates 40 years: Is crypto the next big driver for gains? Published Thu, Jan 30 20257:00 PM ESTUpdated Thu, Jan 30 20257:18 PM EST Krysta Escobar WATCH LIVE Source
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Japan stocks set to rise while Aussie market opens higher, as Wall Street rises
Crowded and busy Ameyoko shopping street in Tokyo, Japan Visualspace | E+ | Getty Images Japan stocks were set to rise Friday after Wall Street rose overnight as investors assessed Big Tech earnings. Futures for Japan’s benchmark Nikkei 225 in Chicago were at 39,715, while their counterpart in Osaka last traded at 39,580, against the […]
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Nasdaq 100 futures rise after Apple earnings; investors await inflation data: Live updates
Traders work at the New York Stock Exchange on Jan. 30, 2025. NYSE Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the S&P 500 ticked higher by 0.2%, while Nasdaq 100 futures gained […]
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Instagram tests Reels pause feature as TikTok remains in limbo
Nurphoto | Nurphoto | Getty Images Meta is testing a long-awaited pause feature on Instagram Reels that will allow users to start and stop videos with just one tap. The new feature is the latest sign that Meta is looking to capitalize on TikTok’s uncertain future in the U.S. after it briefly went dark earlier […]
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FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston. Brian Snyder | Reuters The Food and Drug Administration on Thursday approved Vertex Pharmaceuticals’ non-opioid painkiller pill, a new alternative for pain relief that comes without the risk of addiction. Vertex is now the first drugmaker in decades to gain U.S. […]
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Apple’s gross margin hits record as services business keeps growing
Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting for the cost of […]
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