Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that...
Tag : tech stocks
Crypto liquidations top $483 million as markets react to Fed outlook
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts...
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
MENA Newswire News Desk: OpenAI has launched a new search feature within its ChatGPT platform, enabling users to access real-time information on news, sports scores,...
Stocks fluctuate as Fed holds rates steady
The U.S. stock market exhibited fluctuations as the Federal Reserve opted to hold key interest rates steady within the range of 5.25% to 5.50%. This...
Tech stocks feel the heat from soaring Treasury yields
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with...
Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout...