Posts with tag: adventure
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
DeepSeek's AI models send shockwaves through tech stocks, leading to a drop in Nvidia's premarket value. Investors question the sustainability of the market rally amid high interest rates and concerns about inflation and regulation.
Published on: January 28, 2025, 01:03 AM UTC
Australian AI stocks plummet as DeepSeek's budget-friendly model threatens market leaders, leading to concerns over reduced infrastructure spending.
Published on: January 28, 2025, 01:00 AM UTC
AI Technology Raises Concerns About US Electricity Demand Growth and Slows Utility Sector Stocks
Published on: January 28, 2025, 12:00 AM UTC
Apple and Meta stocks climbed Monday, bucking the tech sell-off trend after DeepSeek's cost-effective AI model release. Apple rose over 3% and Meta climbed nearly 2%. Analysts say Apple's rise is due to the news, while Meta is investing heavily in AI and its own model, Llama.
Published on: January 27, 2025, 11:04 PM UTC
After an AI app from Chinese startup DeepSeek unseated an OpenAI app as the top free download in the U.S., shares of Nvidia and other AI stocks have fallen. But some analysts see this as a buying opportunity for stocks like Nvidia, Microsoft, Alphabet, Palantir, AMD, and Micron Technology.
Published on: January 27, 2025, 11:00 PM UTC
Tax season is officially underway, and while the IRS code hasn't undergone any major updates, several key changes are worth noting. The IRS's Direct File program, which allows free tax return submissions, has been expanded to 13 new states. The program now offers additional features, including automatic W-2 import, and is available to more taxpayers. Additionally, new reporting rules for gig workers and small business owners using third-party payment apps like PayPal and Venmo are in effect to combat tax fraud.
Published on: January 27, 2025, 10:03 PM UTC
Tesla's Embodied AI Advantage: DeepSeek's AI Advancements Boost Competition and Market Focus
Published on: January 27, 2025, 10:03 PM UTC
Listen to "Living Not So Fabulously" for insights on how small business owners, particularly marginalized entrepreneurs, can navigate the current political climate and find support at the local and state levels.
Published on: January 27, 2025, 10:02 PM UTC
Crane (CR) reported Q4 revenue of $544.1 million, beating estimates and showing 8% organic growth. Non-GAAP earnings per share of $1.26 also surpassed expectations, despite a slight miss in full-year guidance. Crane's strong margins and efficiency improvements have contributed to its growth, with the company benefiting from increased demand for industrial machinery and automation. Analysts forecast 6.1% revenue growth over the next 12 months, but investors should consider the company's long-term performance and valuation before making investment decisions.
Published on: January 27, 2025, 10:00 PM UTC