Jan 27, 2025 | Markets
DeepSeek model seen as cost-effective on less-advanced chips Technology shares slumped Monday on concerns over valuations Chinese startup DeepSeek has shaken the belief that only a few firms with huge budgets can compete in the artificial intelligence field —...
Jan 27, 2025 | Markets
App’s lower-cost model upends premise for AI spending boom Stocks of chip gear makers ASML and Advantest plunge Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the...
Jan 27, 2025 | Markets
Manufacturing PMI unexpectedly fell to lowest since August Economists see need for more fiscal stimulus to boost demand China’s economic activity unexpectedly faltered to start the year, breaking the momentum of a recovery sparked by stimulus measures and underlining...
Jan 26, 2025 | Markets
China’s industrial firms saw their profits drop in 2024 for the third consecutive year under deflationary pressures, though an improvement in recent months showed the impact of stimulus measures. Industrial profits at large Chinese companies declined 3.3% last year...
Jan 26, 2025 | Markets
Big Tech profit growth projected to be weakest since Q1 2023 The earnings ‘bar has been raised,’ says Man Numeric’s Taylor Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and valuations stretched. A...
