Tag: programming

Posts with tag: programming

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Asian Shares Fall as AI Concerns Linger, Dollar Extends Rally

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.

2024 Tax Season: What You Need to Know About Direct File, 1099-Ks, and More

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.

Oil Prices Hover Near Two-Week Low on Weak China Data, Warm Weather

Oil prices near two-week low as China data, warm weather hurt demand

AI in the News: DeepSeek Models Spook Tech Stocks, Trump's Policies Fuel Market Exuberance

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.

Court Strikes Down FTC Rule to Ban Auto Sales Bait-and-Switch Tactics

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.

AI Disruption: Is Wall Street's 'U.S. Exceptional' Reign Ending?

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.

Benchmark Diesel Price Drops for First Time in Five Weeks

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.

Tesla Could Win as AI Race Heats Up

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.

Big Tech Earnings In Focus After Monday's Market Sell-Off

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.

Preferred Bank reports Q4 earnings miss estimates

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.