by Investing Wealth Daily | Jan 28, 2025 | General
By Naomi RovnickLONDON (Reuters) – As a tech stock rout and U.S. dollar swings driven by President Donald Trump’s tariff threats send markets into a tailspin, investors are piling into assets from Japan’s yen to European credit that could act as a...
by Investing Wealth Daily | Jan 28, 2025 | Business
MILAN (Reuters) – Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday.The investment comes after the maker of $600 a pair...
by Investing Wealth Daily | Jan 28, 2025 | General
By Ananya Mariam Rajesh and Doyinsola Oladipo(Reuters) -Royal Caribbean said on Tuesday that 2025 was shaping up “to be another great year”, with a near 23% jump expected in adjusted earnings, as it benefits from record prices and new river cruise...
by Investing Wealth Daily | Jan 28, 2025 | Business
(Reuters) – OpenAI CEO Sam Altman called Chinese startup DeepSeek’s R1 AI model “impressive” on Monday, but emphasized that OpenAI believes greater computing power was key to their own success.DeepSeek, a low-cost Chinese artificial...
by Investing Wealth Daily | Jan 28, 2025 | Business
By Anna TongSAN FRANCISCO (Reuters) – – Artificial intelligence data startup Turing, one of a growing number of companies that provide human trainers to AI labs, said Tuesday its revenue tripled to $300 million last year as it reached profitability.Palo...