Bank of America points to implications for Microsoft and Oracle due to DeepSeek's AI breakthrough, affecting AI computing costs and cloud growth. Read for more.
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
Do I expect a serious correction now? Not really, but intraday gyrations amid rising intraday volatility (ATR), more of the sectoral rotations amid continued XLF and other cyclicals leadership if yields just don‘t rise steeply on a daily basis to spook the recovering Russell 2000.
US stock futures hovered below the flatline as traders looked ahead to a speech from US President Donald Trump to business and political leaders in Davos, Switzerland. Elsewhere, Electronic Arts (NASDAQ:EA) cuts its net bookings outlook on weakness at its crucial soccer video game franchise.
The Dow up 408 pts or 0.9%, the S&P up 33 pts or 0.5% - piercing then penetrating yet another new century mark – 6100, the Nasdaq gained 45 pts or 0.25%, the Russell up 11 pts or 0.5%, the Transports adding 85 pts or 0.5% while the Equal Weighted S&P added 35 pts or 0.5%..
DeepSeek, a one-year-old startup, revealed a stunning capability last week: It presented a ChatGPT-like AI model called R1, which has all the familiar abilities, operating at a fraction of the cost.
The annual meeting comes as geopolitics become heavily intertwined with the world economy, as well as the disruptive innovation that will need to be addressed by countries and corporations. Reflecting those dynamics,
From Barcelona's bustling streets to France's rich art history and London's music scene, creators are using bitcoin as both a medium and a muse. Here's how art brings its story to life ...
Bitcoin (BTC) fell below $100,000 for the first time since US President Donald Trump took office on Jan. 20 as global markets reacted to rising competition in the AI sector and shifting monetary ...
Bitcoin (BTC) derivatives traders are setting new bearish records while price circles all-time highs. The latest findings from onchain analytics platform CryptoQuant reveal the largest-ever ...
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