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Economy
Snowflake CEO: DeepSeek is the real deal, and other OpenAI rivals are coming
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Let’s just call DeepSeek the plot twist the AI world didn’t see coming. It also has market darlings like Nvidia…
‘Incredibly dangerous for free speech’: DeepSeek is giving the world a window into
Hong Kong
CNN
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Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI chatbot, which sparked a…
Federal Reserve decides not to change interest rates despite pressure from Trump
Despite facing pressure from the Trump administration, Federal Reserve Chair Jerome Powell announced that interest rates will remain unchanged as concerns remain over inflation and the job market. After increasing interest rates to their…
Nasdaq futures up as chip stocks rise ahead of Fed decision
(Reuters) - Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML's quarterly orders topped estimates, with focus also on a raft of company results and the Federal…
There is a ‘wake-up call’ for US to be the leader in AI, says White House AI and crypto
White House artificial intelligence and crypto "czar" David Sacks revealed what China’s DeepSeek means for American dominance in AI Tuesday on "The Story.""I think the Chinese companies are catching up very fast," Sacks said. "We…
Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek
DeepSeek’s cut-price challenge to US AI dominance, which wiped $600bn in Nvidia’s market value on Monday and caused the tech-weighted Nasdaq index to drop 3%, also took a bite out of the fortunes of some of the world’s wealthiest…
US Faces Tough Competition From China In ‘AI Race’: Largest American Chip Maker…
Nvidia, a prominent American chip manufacturer, spearheaded a significant decline in tech stocks on Monday (27 January), following the introduction of an economical Chinese generative AI model, NDTV reported.DeepSeek, a startup from the…
Tom Lee says this is the worst market overreaction since 2020 pandemic outbreak
Fears around the future of the artificial intelligence trade pushed Nvidia shares down by nearly 17% on Monday and weighed on the stock market – but investors seem to be overreacting, according to Tom Lee, head of research at Fundstrat…
DeepSeek has shocked Nvidia and stock market bulls!
Markets have had a case of whiplash in January. Rising bond yields weighed on stocks earlier in the month. Then optimism spread in markets as Donald Trump officially returned to the White House. And now, the likes of JPMorgan's CEO…
Asia stocks rattled by Trump jitters; China shares mixed amid weak PMI, AI bets By
Investing.com-- Most Asian stocks fell on Monday after U.S. President Donald Trump’s imposition of trade tariffs on Colombia rattled risk appetite with the possibility of more such moves.
Chinese markets were a mixed bag, as investors…