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Here's why DeepSeek is weighing on power stocks

-- DeepSeek, a Chinese AI model, is disrupting power and energy infrastructure stocks. Analysts at BMO Capital Markets note that DeepSeek's high efficiency and low...

Workers at Philadelphia Whole Foods store vote to unionize

(Reuters) - A majority of workers at a flagship Whole Foods store in Philadelphia, Pennsylvania voted to unionize on Monday, becoming the first in the Amazon-owned grocery chain...

Analysis-US tech stock tumble highlights risk of market reliance on megacaps

By Lewis (JO:LEWJ) Krauskopf and Laura Matthews NEW YORK (Reuters) - Turbulence in some of the biggest tech names is reminding investors of one of the major risks to the U.S....

OpenAI asks Indian court to throw out book publishers challenge in copyright battle

By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) - OpenAI has asked an Indian court to quash a plea by a group representing Indian and global book publishers that accuse...

SAP expects better earnings in 2025 on cloud growth momentum

-- German software giant SAP SE (ETR:SAPG) (NYSE: SAP) on Tuesday raised its fiscal 2025 outlook, forecasting a significant increase in operating profit on...

SAP sees higher operating profit, cloud revenue growth in 2025

(Reuters) - SAP, Europe's largest software maker, said on Tuesday it was more optimistic about its financial results this year due to accelerating growth in revenue from cloud...

Wall St’s AI bubble resembles run-up to dotcom crash, Ray Dalio tells FT

-- Wall Street’s optimism over artificial intelligence has formed a bubble in U.S. stocks that echoes the build-up to the dotcom crash at the beginning of the century,...

Smithfield Foods prices IPO below range in US market comeback

(Reuters) - Smithfield Foods, the largest pork processor in the U.S., said it priced its initial public offering well below its forecast range, raising $521.7 million for the...

Australia stocks lower at close of trade; S&P/ASX 200 down 0.12%

– Australia stocks were lower after the close on Tuesday, as losses in the A-REITs, Utilities and Energy sectors led shares lower. At the close in Sydney, the...

American AI firms try to poke holes in disruptive DeepSeek

By Kenrick Cai, Anna Tong and Jeffrey Dastin SAN FRANCISCO - Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence while also...

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