China’s DeepSeek causes rout among AI-linked stocks | Financial Markets News
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy that has created a spending bonanza. The S&P 500…
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy that has created a spending bonanza. The S&P 500…
The move comes after US President Trump ended DEI hiring in government jobs and encouraged the private sector to do the same.Target is ending its…
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence (AI) infrastructure project touted by President Donald Trump, the latest in…
The return of United States President Donald Trump to the White House has delivered a jolt to the stewards of Canada’s $2.1 trillion economy. Already…
The crypto project connected to United States President Donald Trump, World Liberty Financial (WLF), has raised $1bn in token sales, while a new Trump meme…
Donald Trump has held off on tariffs during his first day as the president of the United States and is placing a big bet that…
The US Supreme Court has refused to rescue TikTok from a law that required the popular short-video app to be sold by its Chinese parent…
In one suit, multiple witnesses are cited as having seen a fire at the base of a transmission tower owned by the utility.Southern California Edison,…
The outgoing administration of United States President Joe Biden is proposing a new framework for the export of advanced computer chips used to develop artificial…
Conservative groups have denounced the programmes and threatened to sue companies over them.Facebook owner Meta Platforms and Amazon are winding down diversity programmes ahead of…
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.Two groups representing the credit reporting and credit…
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition…
Hsinchu, Taiwan – A crane bird flies across a silent rice paddy, the water slowly trickling in the background. It is a tranquil and stereotypical…
The United States Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect…
Some members of the workers’ union representing more than 10,000 baristas at Starbucks in the United States have begun a five-day strike at stores in…
With only days to spare until funds run out, President-elect Donald Trump and his allies have pressured Republicans in the United States to ditch a…
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.The United States Federal Reserve has cut interest…
Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the…
Son had made a similar pledge in 2016 to spend $50bn over Trump’s four-year term. It’s unclear how SoftBank will fund the new investment.President-elect Donald…