Tag: technology

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Wall Street Drops on Tariffs

US stock futures plunge on Monday as Trump's tariffs on China, Mexico, and Canada send markets spiraling. Nasdaq 100 futures dive 2.3%, S&P 500 futures lose 1.9%, and Dow Jones futures stumble 1.5%.

SoftBank and OpenAI Partner on AI in Japan

AI partnership between SoftBank Group and OpenAI establishes SB OpenAI Japan, offering AI services like Cristal for businesses and deep research capabilities from ChatGPT.

TSMC Shares Plunge as AI-Linked Rout Hits Taiwan Market

Taiwan Semiconductor Manufacturing Co. shares plummeted nearly 6% on Monday amid a global selloff in AI-linked stocks, following news of DeepSeek's cost-effective AI model that may challenge TSMC's dominance as a chip supplier to Apple and Nvidia.

SoftBank, OpenAI Team Up for AI Joint Venture in Japan

SoftBank Group teams with OpenAI to create a joint venture that will develop and sell AI services to businesses across Japan, marking one of the most extensive efforts to distribute the fast-growing startup's tools to enterprise customers outside of the US.

Taiwan to Aid Firms Relocating to US Amid Trump Tariffs

Taiwan to assist companies relocating to the US, including finding partners, after US tariffs.

Trump's Crypto Push Spurs Wall Street Acceptance of Digital Assets

The Trump administration is encouraging more favorable regulation of digital assets leading to a shift in the financial industry. As a result, expect more banking giants to deal with digital assets, leading to wider acceptance in mainstream financial channels.

Asia Stocks Fall on Trump's Tariffs, Hurting Export-Reliant Sectors

Asian stocks reliant on exports, including automakers and e-commerce firms, plunged after US tariffs took effect, signaling a new round of global trade war.

SoftBank and OpenAI to Launch AI Joint Venture in Japan

SoftBank Group CEO Masayoshi Son has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporates

Trump's Trade War Shakes Markets

Investors flee stocks, buy dollars as trade war fears grip markets after Trump's tariffs on China, Mexico and Canada.

Futures Dive as Trump's Tariffs Stoke Market Fears

With Trump's tariffs on China, Mexico, and Canada, US stock futures point to substantial losses, with Nasdaq futures (NQ=F) falling sharply. Retaliatory announcements from Canada, Mexico, and China add to uncertainty.