Here’s a summary of the news articles from January 7, 2025:
- Nvidia rallies after CEO unveils AI superchip, robotics tech at CES: Nvidia (NVDA) stock rose as much as 2.5% in premarket trading following CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas.
- Stocks open higher: US stocks edged higher on Tuesday, with the benchmark S&P 500 (^GSPC) inching up 0.3%.
- Job openings increase more than expected in November: New data from the Bureau of Labor Statistics showed that 8.1 million jobs were open at the end of November, an increase from the 7.84 million in October.
- ISM Services Index (December) and Job openings (November): The ISM Services Index will be released on December, and job openings data for November will also be released today.
- Nvidia’s CEO Jensen Huang unveils AI superchip, robotics tech at CES: Huang’s presentation gave a flurry of updates on upcoming Nvidia products that preview what’s next in the burgeoning artificial intelligence market and other emerging technologies.
Additionally, there are some earnings announcements scheduled for today:
- Cal-Maine Foods (CALM): The company will release its quarterly earnings report today.
Some other news articles from January 7, 2025 include:
- CATL’s outsized share of world’s EV cell market highlights risks: CATL’s dominance in the electric vehicle battery market has raised concerns about the company’s ability to meet growing demand.
- Shutterstock and Getty Images will join to become a $3.7 billion visual content company: The two companies have agreed to merge, creating one of the largest visual content providers in the world.
- Why Disney was willing to pay up for Fubo in its quest to launch a new sports streamer: Disney has acquired a majority stake in Fubo, a streaming service that offers live sports and news.
- Meta elects UFC CEO Dana White, two others to board: Meta has elected three new members to its board of directors, including UFC CEO Dana White.
- Which US companies are pulling back on diversity initiatives?: Some US companies have announced plans to scale back or eliminate their diversity initiatives in response to changing market conditions.