E-Learning

Mobile AI Apps Are Now a $2 Billion Market Led by ChatGPT

(Bloomberg) -- OpenAI’s ChatGPT is leading a major surge in spending on artificial intelligence apps and services on smartphones.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineHousing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingThe seminal chatbot has grossed $529 milli

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India’s IPO Boom Is Defying the Stock Market’s Historical Slump

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineHousing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingIndia’s newest st

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Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street's darling

The superstar run for Nvidia’s stock the last few years has been astonishing. Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024.

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Point72’s Cohen says Trump’s policies could halt markets' rise this year

Point72 Asset Management's founder Steven Cohen said on Tuesday that he would expect the stock market to reach a peak soon amid inflation pressure and uncertainties around U.S. President Donald Trump's policies on tariffs and immigration. Trump has threatened to impose a universal tariff on foreign-imported goods and others aimed at specific sectors or countries, while on the immigration front he has launched a sweeping border crackdown. Such measures would "actually slow growth, not increase growth in 2025" and make it more difficult for the Federal Reserve to tackle inflation, Cohen said at the investment conference iConnection, in Miami.

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Littelfuse’s (NASDAQ:LFUS) Q4 Sales Top Estimates

Electronic component provider Littelfuse (NASDAQ:LFUS) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $529.5 million. The company expects next quarter’s revenue to be around $535 million, close to analysts’ estimates. Its non-GAAP profit of $2.04 per share was 1.1% below analysts’ consensus estimates.

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