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Stock market today: Asia shares trade mostly lower as as investors weigh impact of US-China tariffs
Stock market today: Asia shares trade mostly lower as as investors weigh impact of US-China tariffs
Once profit-starved, Amazon is displaying a version of itself that many rivals have long feared.
The launch of DeepSeek has unsettled the world's belief that it "could contain China", said Deutsche Bank, calling the emergence of the artificial-intelligence (AI) technology the country's "Sputnik moment". By characterising the start-up's achievement as a significant turning point for the country, the bank goes further than Marc Andreessen, the influential Silicon Valley venture capitalist, who referred to DeepSeek as a Sputnik moment for the AI sector. The comments refer to Soviet Union's lau
We recently compiled a list of the 35 Chip Stocks In Focus Amid Tech Selloff. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other chip stocks. The semiconductor industry is on a trajectory of rapid growth, with global revenues expected to exceed $1 trillion […]
Considering SoundHound AI and Palantir's massive growth in the past year, one should weigh which one is a better buy in the new year. Let's see -
Alex Karp, the CEO of software company Palantir, has torched “short-sellers” of his company for cashing out their stock in order to pay for their “cocaine” habit. Karp, who co-founded Palantir with Peter Thiel, made the comments on CNBC weeks after his company’s stock price surged on news that his company won a $178 million contract from the US Army to equip its Tactical Intelligence Targeting Access Node (TITAN) ground station. “I love burning the short-sellers. Almost nothing makes a human hap
Investors took in Amazon earnings, with the all-important jobs report on deck.
We recently compiled a list of the 10 Best Stocks to Invest in According to AI. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other stocks. The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can effectively […]
Warren Buffett, one of the most successful investors in the world, has a reputation for his simple financial wisdom. His advice is certainly worth listening to, especially if it helps you avoid making...
Global markets have been experiencing a mix of volatility and optimism, with U.S. stocks facing pressure from AI competition fears while European indices reach new highs following positive earnings and interest rate cuts. In this context, identifying promising investment opportunities requires careful consideration of financial health and growth potential, particularly in the realm of smaller or newer companies. Penny stocks, though often considered niche investments, can offer significant...
NEW YORK (Reuters) -Shares of Uber Technologies jumped to a three-month high on Friday after billionaire hedge fund manager Bill Ackman announced that he had taken a stake worth about $2.3 billion in the ride-sharing platform. In a post on social media platform X, Ackman said he began acquiring a stake in Uber in early January and now owns 30.3 million shares in the company. "While a great business, Uber suffered from erratic management," said Ackman, who is the founder and chief executive of New York-based Pershing Square Capital Management.
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and battery-related expenses would dent its 2025 profits. Porsche shocked investors with a statement late on Thursday that it expected a profit margin of just 10-12% this year, below analysts' expectations of 14.8% and well under the mid-term target of 17-19%. "We see this as P911’s last shot to prove they can turn around this business before losing more trust of long-term shareholders," Deutsche Bank analysts said in a note.
Big Tech ramps up AI spending, with Amazon, Google, Microsoft, and Meta pushing total investment past $300 billion in 2025
The chief executive of Taiwan's top chip design company MediaTek said on Friday that the company has been running simulations for possible U.S. tariffs on the island, but thinks for this year it would be "manageable". Tech firms in Taiwan, home to the world's largest contract chipmaker TSMC, face the possibility U.S. President Donald Trump will follow through on threats to put tariffs on imported chips, having complained on the campaign trail about Taiwan having stolen American semiconductor business. Trump said last week he plans to impose tariffs on imported chips, along with pharmaceuticals and steel, in an effort to get the producers to make them in the United States.
As the U.S. stock market navigates fluctuations due to recent jobs reports and consumer sentiment, investors continue to explore diverse opportunities across various sectors. Among these are penny stocks, a term that might seem outdated but remains relevant for those seeking potential growth at lower price points. Typically associated with smaller or newer companies, penny stocks can offer intriguing prospects when they boast strong financials and a clear path for growth. In this article, we...
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
An action-packed week in the markets is heading for a more subdued finish as traders await U.S. payrolls data, although the lingering threat of a trade war kept investors hesitant about placing major bets. Investors are betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector, while for now mostly shrugging off the trade war saga that kicked off at the start of the week. U.S. President Donald Trump imposed and then suspended tariffs on Mexico and Canada early this week but his duties on Chinese goods went ahead.
We recently published a list of 15 Hot Tech Stocks to Buy Right Now. In this article, we are going to take a look at where AST SpaceMobile, Inc. (NASDAQ:ASTS) stands against other hot tech stocks to buy right now. In 2024, the S&P 500 IT Sector Index outperformed the broader S&P 500 Index, rising […]
INTC appears to be treading in the middle of the road and investors could be better off if they trade with caution.
SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun SMID Cap Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Election Dynamics, Federal Reserve’s Policy Adjustments, Geopolitical Tensions, and China’s Stimulus Measures are some of the key events that accelerated in the fourth quarter. Although aforementioned is […]
Investing.com -- Fortinet (NASDAQ:FTNT) reported fourth-quarter earnings that topped Wall Street estimates, lifting shares in the cybersecurity company in premarket U.S. trading on Friday.