Stocks Sink in Broad AI Rout Sparked by China's DeepSeek
Stocks Sink in Broad AI Rout Sparked by China’s DeepSeek U.S. stocks closed mostly lower as a sharp sell-off in AI-related shares weighed heavily on the market. The Nasdaq led the declines, with major AI infrastructure companies experiencing steep losses, including Nvidia, which dropped 16%. Market Overview: Nasdaq Leads Declines The technology-heavy Nasdaq index bore […]
Comex Gold, Silver Settle Lower
Comex Gold, Silver Settle Lower Amid Market Uncertainty Gold prices declined by 1.4%, marking a drop in two of the past three trading sessions, while silver fell 2.5%, slipping in three of the last four sessions. The precious metals market remains cautious as investors await key signals from upcoming Federal Reserve decisions. Gold Prices Dip […]
DeepSeek Won't Sink U.S. AI Titans
DeepSeek Won’t Sink U.S. AI Titans Recent market selloffs targeting major U.S. technology companies like Nvidia and Broadcom have sparked concerns among investors. However, the panic driving these declines appears to be overblown, as DeepSeek’s emergence is unlikely to undermine the dominance of established AI leaders. The Context Behind the Selloff In recent weeks, shares […]
Financial Services Roundup: Market Talk
Financial Services Roundup: Market Talk Stay informed on the latest developments in the financial services sector with updates on key players including Experian and SoFi Technologies. This roundup highlights recent market movements, strategic initiatives, and earnings insights shaping the industry landscape. Experian Reports Solid Earnings Amid Economic Uncertainty Experian, a global leader in consumer credit […]
Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat
Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat Arabica coffee prices surged to an all-time high as traders reacted to the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia. The development eased immediate concerns over supply disruptions, but market volatility remains amid ongoing trade tensions. Rising Arabica Coffee […]
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