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Autor: Jane Austen
Microsoft (MSFT) will report its second quarter earnings after the bell on Wednesday as Wall Street continues to digest the fallout surrounding DeepSeek’s impact on the AI industry and Silicon Valley’s tech titans. Microsoft and its Big Tech cohort are investing tens of billions of dollars in the data centers and infrastructure needed to train and deploy AI software across their various services. But China’s DeepSeek upended the general thinking that developing AI models requires the use of the most powerful, and expensive, chips with the release of its R1 model on Jan. 20. The model, the company claims, was…
The supermassive black hole M87*, located 55 million light-years away in the Messier 87 galaxy, continues to intrigue astronomers with its dynamic and chaotic behaviour. Observations from the Event Horizon Telescope (EHT) have revealed notable turbulence in the accretion flow—the stream of gas and plasma that feeds the black hole. The black hole, which has a mass equivalent to 6.5 billion suns, has been found to rotate along an axis pointing away from Earth. These findings, based on data from April 2017 and April 2018, have deepened understanding of the processes near its event horizon.Significant Findings Through Multi-Year AnalysisAccording to…
By Suzanne McGee (Reuters) – Short-term traders are proving eager to bet on a rapid recovery in Nvidia, pouring money into the three largest leveraged exchange-traded funds which are linked to gains in the share price of the AI chipmaking giant. Speculators and traders flocked to buy leveraged funds which aim to deliver double the daily return in Nvidia, asset managers said on Tuesday. The company’s stock suffered the biggest one-day fall in market capitalization in history on Monday in response to news that China’s DeepSeek launched a new artificial intelligence model. «We had about $1 billion of inflows into…
TikTok Shop is a growing platform that is transforming how smaller businesses sell to large audiences they might otherwise struggle to reach. It is part of the social or “discovery ecommerce” industry. In the UK alone, social commerce is projected to more than double over the next four years, rising from £7.4bn last year to nearly £16bn by 2028, according to Retail Economics data. Beauty brand Give Me Cosmetics is one example of a business leveraging the platform to promote its products. A 30-second TikTok ad by the brand showcasing a hair transformation ranks in the top 15% of all…
Meta (META) will report its fourth quarter earnings after the bell on Wednesday, and analysts and investors will be looking for signs that the company’s massive AI spending is continuing to pay off. Last week, CEO Mark Zuckerberg announced that Meta plans to spend between $60 billion and $65 billion on AI infrastructure projects throughout 2025, including the construction of a data center that the executive says is so large its footprint would cover a large chunk of Manhattan. That represents an enormous year-over-year increase in capital spending for Meta. The company previously projected $38 billion to $40 billion in…
The origins of the earliest dinosaurs could lie beneath the sands of the Sahara Desert and the dense foliage of the Amazon rainforest, as suggested by recent findings. Fossils from these regions, if discovered, might trace the evolutionary roots of dinosaurs back beyond 230 million years—the age of the oldest known remains. Such discoveries have the potential to reshape our understanding of how and where dinosaurs emerged, challenging existing theories about their beginnings in Gondwana’s southernmost parts.New Insights into Dinosaur EvolutionAccording to research published in Current Biology, simulations using a computer model indicate that dinosaurs may have originated in Gondwana’s…
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.Commission President Ursula von der Leyen will chart Europe’s course through an increasingly stormy global economy as she puts forward her «competitiveness compass» today. The key themes that we reported on last week are clear: cut red tape for business, double-down on the technologies of the future and favor European companies in public procurement. Yet those hoping for the EU to throw cash at the problem will be left disappointed and frustrated — there will be little in the way of fresh…
(Bloomberg) — Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy. Most Read from Bloomberg The break in rate cuts would come after three straight reductions since September that lowered the Fed’s benchmark rate by a full percentage point. Their target range is now 4.25% to 4.5%. Several policymakers have said they expect fewer rate reductions this year following data showing the US economy is on sturdy ground and that inflation has been stickier than anticipated. December data…
Tesla CEO Elon Musk – Photo: Angela Weiss/AFP (Getty Images) Tesla (TSLA) is set to report its fourth-quarter and full-year earnings on Wednesday, as familiar — if enhanced — concerns linger in investors’ minds. When CEO Elon Musk addressed investors in October, he promised to grow sales by 30% next year. Wall Street, however, estimates only a 16% increase. The Austin, Texas-based automaker missed its own goals for electric vehicle sales last year, falling short of 1.8 million units sold. Earlier this month, Tesla unveiled a refreshed Model Y, which it hopes will boost sales. It’s the first major update…
A space rock named 2024 PT5, resembling the size of a school bus, lingered near Earth for almost two months last year. The asteroid, which returned in January and passed safely at a distance of 1.1 million miles, is believed to have originated from the moon. New research suggests it may have been ejected from the lunar surface thousands of years ago due to a significant impact. This insight offers a deeper understanding of near-Earth objects and their potential origins.Study Findings Reveal Lunar ConnectionAccording to a study published in The Astrophysical Journal Letters, observations using the Lowell Discovery Telescope in…
