Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
Japanese tech shares plunge as Chinese AI model sparks global market rout, raising questions about AI dominance and high valuations.
Published on: January 28, 2025, 04:01 AM UTC
US Treasury yields hit their lowest level of 2023 as stocks plunged Monday due to concerns over China's DeepSeek AI tool, prompting investors to seek safety in bonds. The Fed's policy meeting this week may also impact the bond market as investors reassess risks to the tech sector.
Published on: January 28, 2025, 04:00 AM UTC
Asian shares mixed in thin Lunar New Year trading after Wall Street tech stocks tumble on AI market frenzy doubts sparked by Chinese competitor DeepSeek.
Published on: January 28, 2025, 04:00 AM UTC
China Vanke, a major property developer, has received support from state authorities, indicating its importance to the sector and signaling Beijing's willingness to stabilize the housing market. The move comes amid a property slump that has led to defaults by several firms.
Published on: January 28, 2025, 03:03 AM UTC
Tech stocks plunge as Nvidia's 16.9% drop sparks AI concerns, but analysts warn against panic-selling. Is the market overreacting, or is it a sign of things to come?
Published on: January 28, 2025, 03:01 AM UTC
Big Tech earnings worries sparked a market sell-off, highlighting the outsized influence of tech giants on the bull market. Nvidia and other AI-focused stocks plunged over investor concerns about competition from DeepSeek.
Published on: January 28, 2025, 03:01 AM UTC
Dollar gains vs. majors as trade war worries resurface
Published on: January 28, 2025, 03:01 AM UTC
Oil prices near two-week low as China data, warm weather hurt demand
Published on: January 28, 2025, 03:00 AM UTC
Concerns about AI dominance in the US have caused major nuclear stocks to drop significantly, including Nuscale Power (-24%), Vistra Corp (-26%), and Talen Energy (-21%). Investors are worried about the impact of DeepSeek, a Chinese startup, on the AI sector and its reliance on nuclear energy for data centers.
Published on: January 28, 2025, 03:00 AM UTC
DeepSeek, a Chinese AI startup, is challenging the dominance of US tech giants, raising concerns about market concentration and the "US exceptionalism" narrative that has driven trillions of dollars into US markets.
Published on: January 28, 2025, 02:01 AM UTC