Dow Jones Top Company Headlines at 5 AM ET: China's DeepSeek Unveils New AI Model That Could Halve Usage Cost | Jefferies ...
China's DeepSeek Unveils New AI Model That Could Halve Usage Cost
DeepSeek called the model the an advancement in its next-generation lineup of AI.
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Jefferies Financial Sales Jump as Execs See Stabilizing Market Sentiment
The investment banking company posted a profit of $224.0 million, or $1.01 a share, thanks to an improved market for mergers and acquisitions.
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Zijin Gold Soars in Hong Kong Debut, Hits Nearly $40 Billion Valuation
The gold-mining arm of China's Zijin Mining, the world's third-largest metals miner by value, raised $3.21 billion in the deal.
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Nike's Earnings Could Make or Break the Bull Case
The activewear brand's latest quarterly results are expected to show the financial impact of the company's reset is mostly behind it. However, muted demand in China and rising tariffs present new profit headwinds.
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Imperial Oil to Cut 20% of Workforce in Next Two Years
The job cuts, along with broader restructuring efforts, are expected to save $150 million a year by 2028, the Canadian oil company said.
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Why EA Is Ready to Quit Wall Street's Game
The videogame company is going private in a $55 billion deal, as it finally has a potential hit combat game on its hands.
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Boeing Has Started Working on a 737 MAX Replacement
While CEO Kelly Ortberg has stressed focusing on fixing quality and financial concerns, a new narrow-body plane remains in development.
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OpenAI's New Sora Video Generator to Require Copyright Holders to Opt Out
Executives at the company notified talent agencies and studios over the last week.
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Why General Motors Boss Mary Barra Is Slamming the Brakes on Lofty EV Ambitions
Falling consumer demand and shriveling government support undermine GM's all-electric plans.
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Coty Considers Sale or Spinoff of CoverGirl
In a reorganization, the beauty giant leans into higher-end beauty brands and mass-market fragrances.
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Season-Pass Sales for Ski Season Are Down at Vail Resorts
The CEO says the ski-resort operator failed to keep pace with shifting consumer behavior.
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YouTube to Pay $24.5 Million to Settle Lawsuit Brought by Trump
The Google subsidiary is the final Big Tech company to resolve a trio of personal lawsuits that Donald Trump filed against social-media platforms.
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TD Bank Brings Back Financial Targets, Looks to Return Billions to Shareholders
The bank, which had suspended its targets after a settlement related to failings in anti-money laundering controls, expects to deliver between C$2 billion and C$2.5 billion in annualized cost savings.