Wall Street sinks as investors weigh China challenge to U.S. dominance in AI
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...
Wall Street sinks as investors weigh China challenge to US dominance in AI. Nvidia tumbles 10%.
In Amsterdam, Dutch chip supplier ASML slid 8.5%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% and is nearly back to ...
DeepSeek Forces a Global Technology Reckoning
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon ...
Neither Government Spending Nor Fed “Printing” Caused Higher Prices
Higher prices aren't necessarily inflation. We have higher prices since the coronavirus not because of monetary error, but ...
Tech stocks shake as a Chinese competitor threatens to topple their AI domination
The S&P 500 was down 1.6% in morning trading. Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and ...
Markets latest: Nvidia leads Wall Street sell-off in Big Tech stocks
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies ...
Wall Street week ahead: Spotlight on Federal Reserve’s interest rate decision, megacap earnings
The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate ...
ASX set to slip, China threat rattles Wall Street
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy ...
Trump vs Powell: Who will drive the stock market as the Fed holds its first meeting of the year?
The Federal Reserve's first policy meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump's policies could complicate the central ...
Chinese AI startup DeepSeek sends shockwaves through Wall Street
The shock to financial markets came from China, where DeepSeek said it had developed a large language model that can compete with U.S. giants but at a fraction of the cost.
Federal Reserve expected to stand pat on rates even as Trump demands cuts
Until then, Trump’s comments Thursday suggest he expects to regularly second-guess the Fed in public, despite a decades-long ...
Tech stocks sink as a Chinese competitor threatens to topple their AI domination; Nvidai drops 11.5%
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...