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Day: January 28, 2025

Bridgewater sees short-term correction for tech stocks but bullish on DeepSeek impact
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Bridgewater sees short-term correction for tech stocks but bullish on DeepSeek impact

January 28, 2025January 28, 2025

By Carolina Mandl MIAMI (Reuters) – Hedge fund manager Bridgewater Associates said Chinese startup DeepSeek’s launch of its latest artificial intelligence (AI) models could lead

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Microsoft’s cloud growth in focus as doubts grow over AI spending
Business

Microsoft’s cloud growth in focus as doubts grow over AI spending

January 28, 2025January 28, 2025

By Aditya Soni (Reuters) – Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will

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X seals payments deal with Visa in push toward Musk’s ‘everything app’ goal, source says
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X seals payments deal with Visa in push toward Musk’s ‘everything app’ goal, source says

January 28, 2025January 28, 2025

By Manya Saini (Reuters) – Payments giant Visa and Elon Musk’s X are partnering to offer direct payment solutions to customers of the social media

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US consumer confidence deteriorates further in January
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US consumer confidence deteriorates further in January

January 28, 2025January 28, 2025

WASHINGTON (Reuters) – U.S. consumer confidence weakened for a second straight month in January amid renewed concerns about the labor market and inflation. The Conference

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