The sell-off was prompted by the release of a free AI assistant launched by China's DeepSeek last week that the startup said uses less data at a fraction of the cost of services currently available.
While RS Group had initially hoped for a better outcome in Q3, business sentiment remains weak, particularly in EMEA, which ...
The rebound comes after a steep decline on Monday when tech stocks were hammered amid concerns that a low-cost Chinese artificial intelligence model could threaten the dominance of industry leaders ...
Investing.com -- Shares of Netcompany Group (COPENHAGEN:NETC) fell sharply by over 15% following the release of their fourth-quarter earnings, which missed market expectations.
Despite the downward revision in revenue margin guidance, Nordnet reported a fourth-quarter operating profit, adjusted for certain items, that was roughly 10% higher than consensus estimates, ...
Initial jumped by over 4% on Tuesday following the release of its FY 2024 results, which were in line with market expectations. The ...
Shares in Monte dei Paschi (MPS) fell again on Tuesday following the announcement of a surprise takeover bid for Mediobanca (OTC: MDIBY). MPS revealed a buyout bi ...
Analyst consensus compiled by the company estimates FY25 group sales at CHF 530 million and an EBITDA margin of 21.0%. Given the stronger-than-anticipated sales for FY24 and a second-half EBITDA ...
Europorte, the freight transport division, reported revenues of €168 million, exceeding Visible Alpha's expectations of €163 million. However, Eleclink's revenues fell short of the Visible Alpha ...
Despite a sharp sell-off Monday, commodity trading advisors (CTAs) have shown a strong conviction in the equities market, UBS said. The sell-off did not deter CTAs from purchasing approximately $50 to ...
Shares of SSP Group PLC (LSE:SSPG) climbed 4.5% as the company reported a 14% increase in constant currency (cc) revenues for the first quarter of 2025, continuing the positive momentum from the ...
The breakthrough in AI technology by Chinese startup DeekSeek's r1 model has the potential to benefit the software sector, ...