In January 2025, while the United States was contemplating a ban on TikTok, the Chinese social media app RedNote saw a remarkable increase in popularity among American users. Known as Xiaohongshu in China, RedNote soared to the top of both the Apple App Store and Google Play Store, drawing in millions of new users looking for alternatives to TikTok. This swift rise in users has sparked worries about data security. Texas became the first state in the U.S. to prohibit RedNote and the AI chatbot DeepSeek on government-issued devices, citing…
Read MoreDay: February 4, 2025
Alphabet’s investments in AI are facing increased scrutiny from investors as Google Cloud experiences a slowdown in growth.
Alphabet, Google’s parent company, is facing heightened scrutiny from investors due to its significant investments in artificial intelligence (AI) during a period of slowing growth in Google Cloud. In 2024, Alphabet’s capital expenditures reached around $50 billion, with expectations for further increases in 2025 to bolster cloud expansion and AI-enhanced search features. This considerable spending has raised alarms among investors, particularly as revenue growth slowed during the holiday quarter, affected by declines in advertising and cloud services. The competitive landscape has become more challenging with the rise of companies like…
Read MoreTata Power, Asian Paints, Titan, Bajaj Electricals, JK Tyre, Whirlpool, Godrej Properties, One Mobikwik, and Kajaria Ceramics are set to announce their Q3 results.
Several prominent companies from different sectors are preparing to announce their Q3 FY25 financial results this week. Investors and market analysts are paying close attention to these earnings reports, as they could influence market trends and stock performance . Key players expected to release their quarterly results include Tata Power, Titan Company, Asian Paints, Bajaj Electricals, JK Tyre, Whirlpool, Godrej Properties, One Mobikwik, and Kajaria Ceramics. These companies span a range of industries, such as energy, consumer goods, real estate, and financial technology. Market experts predict mixed earnings, with some…
Read MoreTrump’s threat of tariffs has led to a decline in the crypto market, affecting even his own meme coin.
The cryptocurrency market took a significant hit after former U.S. President Donald Trump renewed his threats of tariffs, causing even his own meme coin to drop sharply. Trump recently hinted at imposing tough tariffs on foreign goods if he wins the election again, which has sparked economic uncertainty. This announcement sent shockwaves through the financial markets, prompting a quick response from cryptocurrency investors. Bitcoin, Ethereum, and other major digital currencies faced losses, and even Trump’s meme coin, which had gained traction among his supporters, saw a steep decline. Market analysts…
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