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Categories Investing

OpenAI CEO Sam Altman denies sexual abuse allegations, Reuters reports

January 8, 2025

Investing.com — OpenAI Chief Executive Sam Altman has refuted the allegations of sexually abusing his sister, Ann Altman, during their childhood, Reuters

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Categories Investing

Sony named top pick by Morgan Stanley; price target raised

January 8, 2025

Investing.com — Morgan Stanley labelled Sony (NYSE:SONY) its top pick in consumer electronics and Japan semiconductors given its sustained growth prospects

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Categories Investing

Movement Labs eyes $100 million in fresh capital, $3 billion valuation

January 8, 2025

Investing.com — Blockchain developer, Movement Labs, is reportedly seeking to raise $100 million in a new funding round that could value the

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Categories Investing

OptimizeRx downgraded to “sector perform” by RBC amid slower growth outlook

January 8, 2025

Investing.com — RBC Capital Markets has downgraded OptimizeRx Corp (NASDAQ:OPRX) to “sector perform,” reflecting a tempered outlook on the company’s growth prospects.  RBC

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Categories Investing

Futures pare losses after soft private payrolls data

January 8, 2025

(Reuters) – U.S. stock index futures pared losses on Wednesday after a softer-than-expected private payrolls report for December eased some worries that

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Categories Investing

Tencent announces a large buyback after addition to Pentagon list

January 8, 2025

Investing.com — Tencent Holdings (HK:0700) executed its largest single-day share buyback on Wednesday, aiming to stabilize its stock price after being added

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Categories Investing

AMD invests $20 million in Absci to expand AI chip sales in healthcare sector- WSJ

January 8, 2025

Investing.com — Advanced Micro Devices (NASDAQ:AMD) is set to invest $20 million in Absci, a Washington-based drug-discovery firm, aiming to increase the

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Categories Investing

European stocks slip lower; German data points to weak economy

January 8, 2025

Investing.com – European stock markets slipped lower Wednesday, with investors fretting following the release of disappointing German economic data. At 06:35 ET (11:35

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Categories Investing

Micron Technology to invest $7 billion in Singapore chip factory

January 8, 2025

Investing.com — Micron Technology Inc (NASDAQ:MU). is planning to invest $7 billion over the coming years to expand its manufacturing capacity in

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Categories Investing

Volkswagen’s Scout Motors sees higher demand for hybrid vehicles over pure EVs

January 8, 2025

Investing.com — Scout Motors, the Volkswagen (ETR:VOWG_p) AG-backed automaker specializing in electrified SUVs and pickup trucks, has seen a surge in demand

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Categories Investing

Adobe downgraded to “hold” by Deutsche Bank amid AI monetization worries

January 8, 2025

Investing.com – Adobe (NASDAQ:ADBE) has yet to show the positive financial impact of its generative machine-learning text-to-image technology despite the software group backing

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Categories Investing

Barclays sees ‘decent set-up, many wild cards’ for European stocks

January 8, 2025

Investing.com — Barclays provided a mixed outlook for European equities in 2025, highlighting both opportunities and risks in a note to clients Wednesday.  The

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Categories Investing

UK’s CMA may accept Synopsys/Ansys deal remedies

January 8, 2025

Investing.com — The UK’s Competition and Markets Authority (CMA) said it may accept the remedies offered by Synopsys (NASDAQ:SNPS) and Ansys (NASDAQ:ANSS).

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Categories Investing

Lufthansa to acquire 41% stake in ITA for EUR 325 million

January 8, 2025

Investing.com — Lufthansa, the German airline, is set to acquire a 41% stake in the Italian state-owned airline ITA. The acquisition, valued

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Categories Investing

Mizuho refreshes its US top picks list for January

January 8, 2025

Investing.com — Mizuho (NYSE:MFG) has updated its US Top Picks list for January, adding Chewy (NYSE:CHWY), GE Vernova (NYSE:GEV), Enliven

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Categories Investing

Samsung’s preliminary Q4 profit falls far short of estimates as chip issues drag

January 8, 2025

By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -Samsung Electronics’ preliminary fourth-quarter operating profit missed estimates by a large margin, with the South

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