Swire is seeking to sell two properties in the Brickell area Firm plans to use funds raised for Mandarin Oriental project Swire Properties Inc. has scrapped plans for a supertall tower in Miami’s Brickell neighborhood, as the large development in the heart of the...

Aurora Mobile ADRs and MicroCloud Hologram shares are up Both companies said they’ll use DeepSeek, sparking rallies Two small technology stocks are surging Monday, bucking the broader market’s selloff, after announcing plans to use DeepSeek’s large language model in...

Largest cryptocurrency pares losses after dip below $100,000 Market had muted reaction to pro-crypto Trump executive order Bitcoin and other cryptocurrencies tumbled, following technology stocks lower, as the emergence of a new Chinese artificial-intelligence model...

DeepSeek’s entry a ‘big surprise’ to some, says Thematics AM Market is overreacting, says Optigestion fund manager Domont The arrival of China’s DeepSeek is fanning concerns among investors over whether US tech stocks deserve their rich valuations. The drop of more...

Vistra, Constellation sink as DeepSeek AI model shakes market Stocks were buoyed last week by Trump’s Stargate announcement A selloff in global technology stocks is causing shockwaves beyond chipmakers and the Magnificent Seven to companies expected to power the...

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 —...

DeepSeek’s reasoning model R1 not only destroys the myth that China can only copy the West, it may even be poised to eclipse it in the AI tech race. China’s artificial intelligence breakthrough is shaking the foundation of the West’s dominance in this technological...

U.S. technology firms like Nvidia plunged after Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector. DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two...

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...

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...

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...

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...

Ten-year TIPS auction was awarded at 2.243% on Thursday This time, economic fundamentals explain rising real yields An auction of inflation-protected US Treasuries on Thursday drew the highest yield in more than a decade. The $20 billion sale of 10-year Treasury...

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat. “It isn’t a foregone conclusion” that the US will keep its advantage, Porat said in an...