Tag: politics

Posts with tag: politics

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US Tech Stocks Face Dip But DeepSeek's AI Push Seen as Long-Term Positive

Hedge fund Bridgewater warns that DeepSeek's AI models could trigger a short-term tech stock correction, but says the overall AI industry outlook remains positive.

Form 1099-K: What It Means for Taxpayers in 2025

New IRS Form 1099-K tracks online income, ensuring more comprehensive reporting. Understand its implications and how to manage it.

Chinese AI Startup DeepSeek Eyes Global AI Dominance with Open-Source Model

Founder of DeepSeek, Liang Wenfeng, presents China's AI tech advancements and open-source initiatives to potentially disrupt the global AI landscape following US export controls.

GM Q4 Results: Revenue and Earnings Beat Estimates, but Challenges Remain

GM investors expect strong Q4 results, with revenue of $44.46 billion and adjusted EPS of $1.83. Challenges remain in 2025, including EV growth and geopolitical issues. GM expects 2025 adjusted EBIT to be in a similar range to 2024 results, despite a writedown in its China business.

DeepSeek's AI Advancements: Potential Game-Changer for Tesla's Embodied AI Push

Tesla poised to benefit from renewed AI focus as DeepSeek's advances spark tech rout; Embodied AI seen as key area for growth with potential for millions of Tesla vehicles using self-driving software.

AI Stocks Spooked as China's DeepSeek Unveils Cheaper, Open-Source Model

A new AI model from DeepSeek is sending shockwaves through tech stocks, with Nvidia down 10% premarket. Investors are excited about Trump's pro-business agenda, but some worry about high interest rates and tariffs. Despite interest in sunnier locations, New York City remains the center of the hedge fund universe.

Starbucks Q1 Preview: Wall Street Expects Declines

Starbucks is striving to brew up a comeback, with Wall Street expecting its first quarter fiscal year 2025 results on Tuesday. Analysts expect revenue to come in at $9.32 billion, compared to $9.43 billion from the year-ago quarter, and same-store sales and foot traffic are projected to decline.

GM Q4 Earnings Preview: Consensus Beats, Challenges Remain

GM to Report Q4 Results, Analysts Expect Revenue of $44.46B, EPS of $1.83

Nasdaq Plunges on AI Concerns as DeepSeek Raises Questions Over US Tech Dominance

The Nasdaq plunged by nearly 3% on Monday, led by a sell-off in tech stocks following concerns about US leadership in artificial intelligence (AI) after the emergence of Chinese startup, DeepSeek. Chip-related stocks, such as Nvidia, ASML, and Broadcom, faced significant losses as investors reassessed AI-driven growth prospects. The Dow Jones Industrial Average fell by 0.2%, while the S&P 500 dropped by 1.7%. Economic data releases, including the Chicago Fed National Activity Index and new home sales, are expected today, while investors await earnings reports from companies like AT&T, Nucor, and SoFi.

Rand Falls on Political Rift, Trump Tariff Threats

South Africa's rand fell against the dollar due to political tensions and concerns over US tariff threats, leading to outflows from local asset markets.