Tag: adventure

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Nasdaq Futures Plunge as Chinese AI Startup Shakes Tech Stocks

Nasdaq futures plunge on DeepSeek AI concerns, dragging down Nvidia and Big Tech stocks; investors eye Big Tech earnings and trade war worries.

Surge in New Altcoins Could End Era of Altcoin Seasons in Crypto Market

The surge in altcoins raises questions about the end of altcoin seasons. With over 36 million altcoins compared to a few thousand in previous seasons, the market dynamics have changed. Analysts suggest future altcoin seasons may be short-lived and value-based altcoins could emerge with potential in a crowded market.

JPMorgan Elevates Two to Co-Lead India Investment Banking

JPMorgan promotes Nitin Maheshwari and Ravi Shankar as co-heads of investment banking in India, following the departure of Navin Wadhwani.

The Stock Market Is At Record Highs Despite Headwinds

Despite recent headwinds like higher interest rates, a stronger dollar, and expectations of fewer Fed rate cuts, the stock market has hit record highs. Reasons for this include positive earnings growth, robust profit margins, and strong consumer spending. The long-term outlook for the stock market remains favorable, bolstered by expectations for continued earnings growth and positive operating leverage.

Chinese AI Startup DeepSeek Overtakes ChatGPT in US

DeepSeek AI Assistant, a Chinese startup, has surpassed ChatGPT to become the top-rated free app on Apple's US App Store, challenging US dominance in AI and questioning the effectiveness of export controls.

Fed Pause Looms for US Bond Market After Trump's First Week

Traders hope the Federal Reserve's upcoming meeting will provide clarity and stability to bond markets, which have been jolted by speculation about Trump's policies.

Streaming Wars: Media Giants Finally Turn a Profit

Five media giants—Netflix, Disney, Paramount, Peacock, and Warner Bros. Discovery—reported a collective $5.9 billion profit in the first nine months of 2024, finally turning a profit from their streaming services after years of losses.

Carlyle Appoints Citi's McCarthy as Asia Pacific Head of Global Wealth

Carlyle Appoints Brad McCarthy as Managing Director and Asia Pacific Head of Global Wealth Division

China's AI Model Sparks Sell-Off in US Tech Futures

US stock index futures fell amid concerns over China's DeepSeek AI model, which could challenge the dominance of US tech firms and raise questions about AI investments.

Trump Sanctions Spark Oil Drop as Global Trade Risks Rise

Oil prices fell after President Trump imposed sanctions and tariffs, raising concerns about global economic and trade risks. Colombia was targeted after denying military planes carrying deportees, while the US threatened actions against other nations. Crude remains higher this year after previous US sanctions on Russian oil, but Brent declined last week due to Trump's pressure on OPEC to lower prices.