Jan 27, 2025 | Markets
DeepSeek, a Chinese startup, has thrown a hand grenade into the U.S. stock market and especially the tech heavy NASDAQ. The startup has launched an AI solution which appears to be a significant threat to both Nvidia and OPEN AI. See “China’s DeepSeek Tops iPhone...
Jan 27, 2025 | Markets
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls. “DeepSeek’s work illustrates how new...
Jan 27, 2025 | Markets
Leveraged Nvidia funds face steep selloff amid AI market rout Retail investors have bet billions on risky momentum trades Day traders spent last year shoving billions of dollars into leveraged Nvidia Corp. ETFs in a bid to amp up their gains on the hottest stock on...
Jan 27, 2025 | Markets
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...
Jan 27, 2025 | Markets
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...
Jan 27, 2025 | Markets
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...
