Stock market today: Asian shares trade mixed after Wall Street slumps on Trump tariff worries

Stock market today: Asian shares trade mixed after Wall Street slumps on Trump tariff worries

TOKYO (AP) — Asian shares were trading mixed Monday, as investors found bargains despite worries about U.S. President Donald Trump’s tariffs. Japan’s benchmark Nikkei 225 finished little changed, rising less than 0.1% to 38,801.17. The Japanese government reported a record current account surplus last year of 29 trillion yen ($191 billion), underlining strong returns on…

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Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared with the same period in 2023. Profits…

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Tech war: Huawei cloud unit powers DeepSeek models in China’s bid for AI autonomy

Tech war: Huawei cloud unit powers DeepSeek models in China’s bid for AI autonomy

The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays to make DeepSeek’s artificial intelligence (AI) models available to end users on its platform in an efficient and affordable way. Huawei’s cloud unit teamed up with Beijing-based AI infrastructure start-up SiliconFlow to make DeepSeek’s large language…

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