by CNBC.com | Jan 27, 2025 | AlphaTack Intel
Key Points U.S. technology firms like Nvidia plunged after Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector. DeepSeek launched a free, open-source large language model in late December, claiming it was developed...
by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
App’s lower-cost model upends premise for AI spending boom Stocks of chip gear makers ASML and Advantest plunge Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the...
by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
Manufacturing PMI unexpectedly fell to lowest since August Economists see need for more fiscal stimulus to boost demand China’s economic activity unexpectedly faltered to start the year, breaking the momentum of a recovery sparked by stimulus measures and underlining...
by Bloomberg.com | Jan 26, 2025 | AlphaTack Intel
China’s industrial firms saw their profits drop in 2024 for the third consecutive year under deflationary pressures, though an improvement in recent months showed the impact of stimulus measures. Industrial profits at large Chinese companies declined 3.3% last year...
by Bloomberg.com | Jan 26, 2025 | AlphaTack Intel
Big Tech profit growth projected to be weakest since Q1 2023 The earnings ‘bar has been raised,’ says Man Numeric’s Taylor Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and valuations stretched. A...
by Bloomberg.com | Jan 23, 2025 | AlphaTack Intel
Ten-year TIPS auction was awarded at 2.243% on Thursday This time, economic fundamentals explain rising real yields An auction of inflation-protected US Treasuries on Thursday drew the highest yield in more than a decade. The $20 billion sale of 10-year Treasury...
