Posts with tag: innovation
W.R. Berkley Corp. (WRB) reported Q4 EPS of $1.44, beating the Zacks Consensus Estimate of $0.94 per share. The company also topped revenue expectations.
Published on: January 27, 2025, 10:07 PM UTC
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
Nvidia's Market Value Plummets as Chinese Generative AI Model Emerges, Threatening US Tech Dominance
Published on: January 27, 2025, 10:01 PM UTC
DeepSeek, a Chinese AI startup, has released an impressive ChatGPT rival, sparking concerns in the US over AI spending and driving a $1 trillion decline in tech stocks.
Published on: January 27, 2025, 10:00 PM UTC
Vertiv (VRT) shares plunge 29.87% as DeepSeek's advanced AI model challenges the need for expensive infrastructure, casting uncertainty over demand for data center products and services.
Published on: January 27, 2025, 09:03 PM UTC
Smithfield Foods IPO Priced at $20 Per Share, Below Range: Sources
Published on: January 27, 2025, 08:01 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
Monday's big market sell-off was driven by concerns over Big Tech earnings, after new developments from Chinese AI company DeepSeek sparked a rout in the sector. The "Magnificent Seven" tech stocks, including Nvidia, Microsoft, and Alphabet, were all down more than 2% in midday trading, as investors question whether the high earnings expectations for Big Tech will continue to be met.
Published on: January 27, 2025, 07:02 PM UTC
Vertiv (VRT) stock plunged 30.65% after the release of a competitive AI model, DeepSeek-R1, raising concerns over market demand for data center infrastructure.
Published on: January 27, 2025, 07:00 PM UTC
AI-driven power stocks plummeted Monday as Chinese startup DeepSeek's AI advancements raised concerns about US AI spending and market dominance.
Published on: January 27, 2025, 07:00 PM UTC