Tag: futurism

Tech stocks plunge after AI startup DeepSeek worries investors. Nvidia (NVDA) leads the decline, falling 16.9%. Analysts say panic-selling is overdone, citing potential benefits of more efficient AI models like DeepSeek.

Published on: January 27, 2025, 10:02 PM UTC

A Chinese AI model called DeepSeek is shaking up the tech world and challenging US dominance. With cheaper chips and less data, it's raising questions about the spending of American tech giants. Its success may undermine the current development process of AI assistants and impact the stock market.

Published on: January 27, 2025, 07:02 PM UTC

DeepSeek, a Chinese startup company, has developed an AI model that costs less and uses less advanced chips, raising concerns that the valuations of tech giants may be overinflated. As a result, global stock markets have experienced a downturn, with the S&P 500 and Nasdaq 100 both dropping significantly. Investors are now looking to Big Tech earnings reports this week for reassurance and to determine if the high valuations of these companies can be justified.

Published on: January 27, 2025, 04:01 PM UTC

Chili's and other casual dining chains are competing for market share as consumers return to their pre-COVID dining habits. Despite industry challenges such as fragmentation and inflation, brands like Chili's are using value promotions, marketing, and technology to gain a competitive advantage.

Published on: January 27, 2025, 12:02 PM UTC

Los Angeles receives its first rain in months, aiding wildfire containment but raising landslide risk. Heavy downpours may trigger mudslides in recently burned areas, prompting flood watches and potential warnings.

Published on: January 26, 2025, 10:00 PM UTC

The Takeaway from today's Morning Brief: Nasdaq up 0.15%, Gap down 0.40%, Ralph Lauren down 0.20%, Bitcoin up 0.24%. Davos 2023: AI advancement, robot companions, and investing wisdom from Ray Dalio.

Published on: January 26, 2025, 02:00 PM UTC

Listen to Warrior Money to learn how to support veterans and their families during the transition process from active duty to civilian life.

Published on: January 24, 2025, 10:01 PM UTC

Stock markets struggled Friday as investors assessed earnings and weighed Trump's tariff hints. The Dow dropped 0.2%, S&P 500 slipped, while Nasdaq edged down 0.1%. The week is poised to end with gains as Trump's comments buoy investor optimism, despite skepticism about his ability to execute changes.

Published on: January 24, 2025, 04:02 PM UTC

BOJ Interest Rate Decision to Dominate Currency Markets, Yen and Dollar in Focus, BOJ widely expected to raise rates by 25 basis points, Dollar set for worst week in two months, Euro and sterling rise ahead of BOJ meeting.

Published on: January 24, 2025, 02:01 AM UTC

President Trump's new meme coin highlights the reality of the crypto industry: a moneymaking machine that doesn't shy away from crude and outrageous appeals. Despite efforts to distance serious crypto work from $Trump, its meme-like nature is a reflection of the industry's focus on financial gain.

Published on: January 23, 2025, 06:04 PM UTC