COST Financial News
31.01 / 00:25
COST
CEO
Gemini
Marvell
performer
shock
Mint Primer | DeepSeek: A Chinese marvel or OpenAI copy?
Subscribe to enjoy similar stories. DeepSeek has challenged big tech, proving AI can be efficient without costly graphics processing units (GPUs) or massive data centres. Now Microsoft is probing possible unauthorized access to OpenAI data by a group linked to DeepSeek.
30.01 / 23:53
COST
Aware
stage
beautiful
2020
reports
rights
Good Glamm: Story of a cash crunch, a fundraise, and the exit of three directors
Subscribe to enjoy similar stories. A severe cash crunch at the Good Glamm Group that forced it to consider raising fresh funds at a sharply lower valuation triggered the exit of three of its directors, three people aware of the matter said, since a new round will wipe out their shareholding given their disinclination to bring more money. The three directors from Accel India, Prosus and Bessemer Venture Partners stepped down from Good Glamm's board across November and December.
30.01 / 22:13
30.01 / 19:09
COST
UPS
wellness
Healthcare
hospital
Interviews
Max Healthcare to focus on acquisitions, brownfield development for growth: CMD
Subscribe to enjoy similar stories. Max Healthcare is focused on inorganic expansion, including development of brownfield assets as well as acquisitions, to drive growth, its chairman and managing director Abhay Soi said on Thursday. The Delhi-headquartered hospital chain’s board on Thursday approved an agreement to set up a 500-bed hospital in Thane, Maharashtra, under a built-to-suit model with VR Konkan Pvt Ltd.
30.01 / 17:41
markets
COST
Target
economy
President
rowing
Average rate on 30-year mortgage eases, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season
30.01 / 15:31
30.01 / 13:37
COST
Google
CEO
Software
Research
wellness
show
Why ‘distillation’ has become the scariest word for AI companies
Subscribe to enjoy similar stories. Tech giants have spent billions of dollars on the premise that bigger is better in artificial intelligence. DeepSeek’s breakthrough shows smaller can be just as good.
30.01 / 12:53
30.01 / 12:31
COST
Provident
security
Bill
President
beautiful
social
Here’s what stands in the way of Trump’s ‘big, beautiful’ tax and border bill
Subscribe to enjoy similar stories. House Speaker Mike Johnson said he was aiming to have a blueprint for a budget soon. President Trump wants Congress to pass “one big, beautiful bill" that would extend expiring tax cuts and provide money for border enforcement.
30.01 / 11:25
markets
COST
UPS
Citi
FIVE
Strategy
Trade
Biggest of the Big Six: How RBC opened a $100-billion market-cap gap over its banking rivals
J.M. Smucker Co. chief executive Mark Smucker leaned on close advisers when he made the decision to bolster the jelly and coffee company through a US$5.6-billion acquisition in 2023 of Hostess Brands Inc., an equally well-known name in food, and they came from a seemingly unusual place: a Canadian bank.
30.01 / 10:37
markets
COST
UPS
Strategy
Mobile
PAM
Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
Bharti Airtel’s Africa business reported an over 11-fold on-year jump in net profit to $169 million in the fiscal third quarter, on the back of a $94 million exceptional gain triggered by appreciation in key African currencies and a sharp fall in net finance costs.
30.01 / 10:37
30.01 / 10:01
COST
DOW
Platform
NVIDIA
Trade
reports
Microsoft and Meta’s AI splurge still not enough for Nvidia
Subscribe to enjoy similar stories. Money doesn’t solve all problems, but $37.4 billion should solve a few. That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the companies’ earnings reports Wednesday afternoon.
30.01 / 09:59
30.01 / 09:17
markets
COST
UPS
Target
FIVE
reports
rights
Five fastest growing cement stocks to watch out for in 2025
Subscribe to enjoy similar stories. Cement is fundamental to infrastructure development and plays a crucial role in a country's economic progress, with its demand closely linked to the growth of the nation. In India, this demand is driven by government investment in infrastructure projects like roads, railways, and housing.
30.01 / 08:43
markets
COST
Strategy
Analysis
Trade
Experts
rights
Why active management outsmarts stock market turbulence
mutual funds do best only in bull markets. But even in volatile markets, smart fund managers can create and protect value for investors in uncertain times. The recent correction, spanning 26th September 2024 – 21st January 2025, is a case in point.
30.01 / 08:43
COST
Analysis
trends
Trade
Experts
show
reports
IndusInd Bank Q3 results preview: Weak NII, higher provisions could drag PAT down by 40% YoY
IndusInd Bank. Analysts point to a disappointing show on almost all the metrics. The net interest income (NII) during the third quarter is likely to rise by a marginal 1% year-on-year (YoY), according to an average estimate of six brokerages. This along with higher provisions could drag the PAT down significantly by 40% YoY.
30.01 / 08:43
markets
COST
UPS
Digital
Strategy
PAM
Ashwini Vaishnaw praises DeepSeek's low-cost AI, compares it with own investment approach
Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.
30.01 / 08:19
30.01 / 08:19
30.01 / 08:19
markets
COST
Tesla
Morningstar
Trade
show
track
Tesla Q4 results fall short of forecasts. Musk sees unsupervised full self-driving in Texas in June
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts
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