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Tech stocks, dollar rebound after DeepSeek-triggered selloff
Technology stocks regained ground on Tuesday, a day after a low-cost Chinese AI model rattled markets, while traders rotated back into the dollar from safe-haven currencies. The tech rebound boosted Wall Street's main stock indices,
Big Tech Faces Heat as China's DeepSeek Sows Doubts on Billion-Dollar Spending
DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia's less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the U.
Trillion-dollar disruptor: China's DeepSeek upends AI world overnight
The US AI giants got a wake-up call this week, when fledgling Chinese firm DeepSeek wiped a record-breaking trillion dollars off the value of heavyweights like Nvidia and OpenAI. The technology's gatekeepers are rattled – and they have good reason to be,
Tech stocks slump as China’s DeepSeek stokes fears over AI spending
Tech stocks tumbled on Monday as advances by Chinese artificial intelligence start-up DeepSeek cast doubt on whether the US could sustain its leadership in AI by spending billions of dollars on chips.
1d
Strong Dollar vs. Weak Dollar
Conversely, American shoppers buy more imports when the dollar is strong. A bottle of Mexican tequila would have sold for $30 ...
3d
US dollar retreats from 2-year high as Trump touts 'tremendous' tariff power, but holds off on swift action
The dollar's price action has largely been driven by two main catalysts: Trump's election and the subsequent Republican sweep ...
1d
Canadin dollar falls on equity sell off, trade tensions
The Canadian currency weakened against the U.S. dollar on Monday as uncertainty around international trade exacerbated the ...
1d
3 Secrets From Billion-Dollar Entrepreneurs To Launch Unicorns In 2025
A competitive edge will influence your success. Here are 3 strategies for an edge in 2025 based on the proven strategies of ...
2h
on MSN
Woman arrested after investigation into multiple larcenies at local Dollar General stores
COLUMBUS COUNTY, N.C. (WECT) - A woman has been arrested after an investigation into multiple larcenies at Dollar General ...
5d
Dollar dips after Trump comments as markets eye tariffs, central banks
The dollar was modestly lower on Thursday in a choppy session, after comments from U.S. President Donald Trump called for ...
2h
South Florida resi dollar volume surges in December
South Florida residential dollar volume surged in December. It was a strong month for single-family home sales, while condo ...
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