Real Estate
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
DAYS after Chinese upstart DeepSeek revealed a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology industry, the chief executives of Microsoft and Meta defended massive...
Levi’s bleak 2025 profit forecast after strong holiday quarter hits shares
LEVI Strauss forecast annual profit well below analysts’ estimates, taking a cautious stance despite a strong holiday quarter and sending its shares down about 8 per cent in extended...
IEA comes under pressure from former oil market chief to cut energy transition focus
THE International Energy Agency’s (IEA) former oil industry and market chief criticised the agency’s focus on the global energy transition in a report released on Wednesday (Jan 29), and...
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust demand in its software unit as businesses ramped up IT spending, sending the company’s shares soaring about...
Tesla commits to cheaper cars in first half, but results miss targets
TESLA said it was on track to roll out new, cheaper electric vehicle (EV) models in the first half of 2025, as its quarterly profit and revenue fell short...
Europe: Tech stocks lift Stoxx 600 to record high; US Fed in focus
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...
Cloud vs. Virtual: What You Don’t Know Could Cost You
Are you trying to figure out the whole cloud computing vs. virtualization thing, huh? It’s a big deal, especially if you want to save cash or get the best...
Singapore needs to seek out partners, launch initiatives to reel in tech IPOs
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...
