Tag: trends

Tech stocks plunge as Nvidia's 16.9% drop sparks AI concerns, but analysts warn against panic-selling. Is the market overreacting, or is it a sign of things to come?

Published on: January 28, 2025, 03:01 AM UTC

DeepSeek, a Chinese AI startup, shakes the tech world with its ChatGPT-rivaling AI model at a fraction of the cost, raising concerns about US tech dominance and geopolitical implications.

Published on: January 27, 2025, 08:00 PM UTC

A Labour MP proposes a scheme for under-40s to access £11,500 from their state pension to get on the housing ladder, but experts warn it could encourage squandering and prove costly.

Published on: January 27, 2025, 02:00 PM UTC

Costco successfully defended its diversity efforts against a shareholder challenge, with 98% of investors siding with the company. Despite increasing scrutiny of corporate diversity goals, some prominent companies like Apple and Goldman Sachs continue to prioritize DEI initiatives.

Published on: January 27, 2025, 01:03 PM UTC

Chinese AI startup DeepSeek has shaken Silicon Valley after releasing its breakthrough AI models. DeepSeek's R1 offers performance comparable to top chatbots at a fraction of the cost, raising questions about the future of AI development.

Published on: January 27, 2025, 11:01 AM UTC

Canada Goose's journey from a functional outerwear manufacturer to a global luxury brand symbolizes the power of branding, celebrity endorsements, and strategic expansion. Through diversification and a focus on direct-to-consumer channels, the company aims to maintain its status and grow its revenue.

Published on: January 25, 2025, 08:00 PM UTC

President Trump's 2025 budget could impact Social Security benefits for baby boomers, younger generations, and low-income retirees. Here are the details on the proposed changes and their potential consequences.

Published on: January 25, 2025, 04:00 PM UTC

Billionaire Ray Dalio warns against investing in expensive "Magnificent Seven" stocks like Amazon and Nvidia due to rising interest rates and US debt concerns.

Published on: January 24, 2025, 10:02 PM UTC

U.S. stocks closed in the green on Thursday with the S&P 500 (^GSPC) nabbing a fresh record close as investors stayed attuned to remarks from President Donald Trump, who addressed the World Economic Forum in Davos.

Published on: January 24, 2025, 12:02 PM UTC

US stocks closed higher on Thursday, with the S&P 500 and Dow Jones Industrial Average hitting fresh record highs. Investors welcomed comments from President Donald Trump at the World Economic Forum in Davos, where he indicated a focus on trade and economic policy. Tech stocks, however, faced some headwinds, with Nvidia shares declining after a supplier raised concerns about semiconductor demand. Economic data showed jobless claims increasing slightly, while earnings reports from American Airlines, Electronic Arts, and other companies were mixed.

Published on: January 24, 2025, 11:02 AM UTC