Stocks
LONDON (Reuters) – Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence model shook investors’ faith in the AI sector’s voracious demand for high-tech chips. Startup DeepSeek has rolled out a free assistant it says uses lower-cost chips and less…
By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of advertisers and investor calls for…
Investing.com — Dr. Martens (LON:) has reported a modest rise in sales for the third quarter, flagging progress in its efforts to turn around performance in key markets, particularly the United States. The British bootmaker posted a 3% increase in group revenue at constant currency to £267 million, though reported revenue dropped…
SINGAPORE (Reuters) -Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and the sector’s voracious demand for high-tech chips. were down 2.6% and slipped 1.4% by the European morning, and…
By Aditya Kalra, Arpan Chaturvedi and Praveen Paramasivam NEW DELHI (Reuters) -Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets like the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI alleging it improperly used copyright content, legal papers show. The…
By Li Gu and Clare Jim SHANGHAI/HONG KONG (Reuters) – China Vanke’s bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March. Vanke’s announcement boosted investor confidence on its ability to repay its near-term financial debt,…
Investing.com– Most Asian stocks fell on Monday after U.S. President Donald Trump’s imposition of trade tariffs on Colombia rattled risk appetite with the possibility of more such moves. Chinese markets were a mixed bag, as investors bought some local technology names on optimism over DeepSeek R1- a new artificial intelligence…
By Kevin Buckland TOKYO (Reuters) – U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free, open-source artificial intelligence model to rival OpenAI’s ChatGPT. Meanwhile, the dollar rose after U.S. President Donald Trump slapped Colombia with…
Investing.com– Artificial intelligence darling Nvidia’s shares fell on Friday following the launch of Chinese generative AI program DeepSeek last week, which claimed to be able to outperform rival offerings at a fraction of their cost. NVIDIA Corporation (NASDAQ:) shares fell more than 3% to $142.62 on Friday, although they still…
Investing.com – U.S. stock index futures fell on Sunday evening after weekly gains on Wall Street as President Donald Trump threatened to impose retaliatory tariffs on Colombia, while investors turned cautious ahead of the Federal Reserve interest rate decision, and inflation readings due this week. fell 0.5% to 6,103.0 points,…