Posts with tag: innovation
Big Tech earnings drive Monday's market sell-off, with Nvidia, Microsoft, Alphabet, Tesla, and Broadcom all falling due to concerns over competition from DeepSeek's AI
Published on: January 28, 2025, 04:01 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
Home gym essentials for a full-body workout without leaving home
Published on: January 28, 2025, 02:00 AM UTC
DeepSeek's AI advancements raise questions about global competition and national security, potentially benefiting Tesla's embodied AI development and electric vehicle market position.
Published on: January 28, 2025, 01:02 AM UTC
Asian markets brace for volatility after AI selloff hits Wall Street
Published on: January 28, 2025, 12:04 AM UTC
Scott Bessent is confirmed as the next U.S. Treasury Secretary, becoming President Trump's chief economic spokesman. Bessent, a former hedge fund manager, will face immediate challenges including managing the US debt load, implementing tax cuts, and addressing foreign adversaries with sanctions.
Published on: January 28, 2025, 12:04 AM UTC
GM's Q4 results, due Tuesday, are expected to show continued strong performance, with analysts predicting revenue and earnings above last year's numbers. Despite challenges in its EV business and other areas, GM's strong truck and SUV sales and stock repurchase plans have boosted its profitability. Investors will be looking for updates on GM's EV strategy, autonomous driving technology, and potential trade headwinds.
Published on: January 28, 2025, 12:03 AM UTC
US power stocks have been hit hard by the sell-off in tech stocks as advances in AI by Chinese start-up DeepSeek question the spending of US companies in the sector.
Published on: January 28, 2025, 12:02 AM UTC
Big Tech's earnings growth has been the driving force behind the bull market, but recent news about Chinese AI competition has sparked concerns and led to a sell-off in tech stocks. Investors had been expecting high earnings growth from Big Tech companies, but the news about DeepSeek has raised doubts about whether those expectations will be met. As a result, the sell-off in tech stocks has brought investors back to fundamentals and highlighted the importance of considering other factors in totality.
Published on: January 27, 2025, 11:01 PM UTC
DeepSeek's R1 model challenges the AI industry's reliance on computing power, offering cost-effective AI development through superior data quality and model architecture.
Published on: January 27, 2025, 10:09 PM UTC