stock prices

DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide

DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide

Micheal

DeepSeek, whose chatbot became the top-rated free application on Apple’s U.S. App Store, said it spent only $5.6 million developing ...

DeepSeek buzz puts tech stocks on track for $1 trillion wipeout

DeepSeek buzz puts tech stocks on track for $1 trillion wipeout

Micheal

Nasdaq 100 futures tumbled 3.4%, while contracts on the S&P 500 fell 2% as of 5 a.m. in New York. ...

Trump’s new memecoin and Trump Media stock are both plunging in a massive post-inauguration sell-off

Trump’s new memecoin and Trump Media stock are both plunging in a massive post-inauguration sell-off

Micheal

Both assets have been accused of having their value be disconnected from their financial performance. Read More

Delta CEO announces plan to share $1.4 billion of profit with employees and hints at the future of SkyMiles

Delta CEO announces plan to share $1.4 billion of profit with employees and hints at the future of SkyMiles

Micheal

The profit share will arrive on Valentine’s Day—how romantic! Read More

Investment bank Jefferies’ profit more than triples: CEO says the ‘cherry on top’ is that ‘financial stars are aligning’ after crippling inflation

Investment bank Jefferies’ profit more than triples: CEO says the ‘cherry on top’ is that ‘financial stars are aligning’ after crippling inflation

Micheal

The company cites resurgent interest in M&A and optimistic markets for placing it in the “best position ever” in the ...

Exxon predicts $700 million hit to profit from lower oil prices

Exxon predicts $700 million hit to profit from lower oil prices

Micheal

The company faces “significant headwinds” at its refining division. Read More