Financial & Business News

Aspen Technology (AZPN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Markets are panicking as AI stocks sell off due to DeepSeek's cost-effective advancements, but this is bullish for long-term AI innovation. NVIDIA and other tech companies may face short-term bearish impacts, but DeepSeek's democratization of AI will create new customers and opportunities. Google stands to benefit massively from reduced AI development costs, faster innovation, and broader AI adoption, making it a strong buy ahead of earnings.

ROCKVILLE, Md. , Jan. 28, 2025 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading artificial intelligence company ("Xiao-I"), today announced the successful deployment of its 8-million-HKD AI-powered HR system for a Hong Kong public sector client.

All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick's Kibali gold mine achieved an improved performance in the last quarter of the year, culminating in the highest yearly throughput since its commissioning. This milestone underscores the mine's continued focus on operational excellence and its capacity to deliver strong results.

Orlando, Florida--(Newsfile Corp. - January 28, 2025) - Atacama Resources International Inc. (OTC Pink: ACRL) (the "company") announces the results of its 2024 exploration program at the Tannahill Gold Property, located in the prolific Kirkland Lake gold camp in northeastern Ontario. The program, which included geophysical surveys and a 17-hole drill campaign, has confirmed significant gold mineralization and identified promising base metal potential, further solidifying the property's position as a high-priority project for the company.

DeepSeek's impact on AI technology could negatively affect semiconductor stocks like Nvidia, but may benefit hyperscalers like Apple, Meta, and Amazon. MGK's heavy exposure to Nvidia poses a risk, but its diversified mega-cap growth strategy remains attractive with a low 0.07% expense ratio. MGK outperformed peers over the long term, but this trend has narrowed in the last year and more recently.

TSX: MFI www.mapleleaffoods.com MISSISSAUGA, ON , Jan. 28, 2025 /PRNewswire/ - Maple Leaf Foods Inc. ("Maple Leaf Foods" or the "Company") (TSX: MFI) will release its fourth quarter and year end 2024 financial results on February 25, 2025 at 6:00 am ET. The release will be followed by a conference call and webcast beginning at 8:00 am ET.

The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund and then refined its quantitative models to branch into artificial intelligence.

GNT is a closed-end fund focused on natural resources and gold, using covered call options and leverage to generate high income and capital appreciation. Despite attractive sector positioning and a call writing strategy suited for volatility, GNT's long-term performance and high expense ratio are concerning. The fund's discount to NAV has stabilized around 10%, but a wider discount of 15% could make it a more attractive trading buy.

French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours of renewable electricity to power the semiconductor company's operations in France, the companies said on Tuesday.