Posts with tag: programming
Asian stocks fall as AI valuation concerns linger, dollar rises on Trump trade talk; MSCI Asia Pacific Index drops; Nikkei down 1%, Topix up; US equity futures little changed; Dollar gains against G-10 peers; DeepSeek AI's rise raises fears; Trump seeks higher tariffs; China, SKorea, Taiwan markets closed for Lunar New Year.
Published on: January 28, 2025, 05:00 AM UTC
Tax season is officially underway. Here are some key changes to be aware of, including expanded eligibility for the IRS's Direct File program and new reporting rules for gig workers and small business owners who use third-party payment apps like PayPal or Venmo.
Published on: January 28, 2025, 03:02 AM UTC
Oil prices near two-week low as China data, warm weather hurt demand
Published on: January 28, 2025, 03:00 AM UTC
DeepSeek's new AI models are shaking up the tech industry, posing a challenge to OpenAI's proprietary models. The AI market is witnessing a disruption, with Nvidia stocks impacted and investors speculating on the sustainability of the rally.
Published on: January 28, 2025, 02:01 AM UTC
A federal appeals court has struck down Biden administration rules intended to ban bait-and-switch tactics and prohibit auto dealers from charging for add-on costs that do not benefit new car buyers.
Published on: January 28, 2025, 01:00 AM UTC
US markets' dependence on a few tech giants and the rise of Chinese AI startup DeepSeek challenge the narrative of US exceptionalism and raise concerns over market concentration.
Published on: January 28, 2025, 12:00 AM UTC
For the first time in five weeks, the average weekly retail diesel price saw a decline. Despite President Trump calling for OPEC to reduce oil prices, OPEC+ has stated that it will not increase production before April.
Published on: January 27, 2025, 11:04 PM UTC
AI advancements by DeepSeek raise questions about global competition and Tesla's potential in embodied AI, impacting self-driving vehicles, Optimus robots, and national security.
Published on: January 27, 2025, 11:02 PM UTC
Monday's market sell-off highlights the importance of Big Tech earnings for the bull market and investors' concerns about competition in the AI space.
Published on: January 27, 2025, 10:09 PM UTC
Preferred Bank reported fourth-quarter earnings of $30.2 million, or $2.25 per share, missing analysts' estimates of $2.42 per share. Revenue was $129.5 million, with net interest revenue of $72.8 million, beating expectations.
Published on: January 27, 2025, 10:08 PM UTC