Finance & Business
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Norway’s $1.8 Trillion Wealth Fund Gains 13% on Tech Stocks
Norway’s sovereign wealth fund, the world’s largest, reported a 13% return in 2024, adding $222 billion in profits, mainly due to strong gains...
Norway’s Wealth Fund Hits Record $222B Profit on Tech Boom
Norway’s sovereign wealth fund, the world’s largest, posted a record profit of $222 billion in 2024, driven by strong gains in technology stocks....
Why Nvidia Stock Skyrocketed Today Despite DeepSeek Fears
Nvidia shares soared nearly 9% on Tuesday, rebounding after a steep sell-off triggered by Chinese AI rival DeepSeek. On Monday, Nvidia’s stock plunged...
European Stocks Hit Record as ASML Soars on Strong Earnings
European stocks hit a record high on Wednesday, driven by strong earnings from ASML, the leading chip equipment maker. The pan-European STOXX 600...
Nvidia Stock Jumps 8.9% After DeepSeek-Linked Drop
Nvidia stock rebounded strongly, gaining 8.9% on Wall Street on Tuesday and rising 2.7% in early European trading on Wednesday. This comeback follows...
ASML Beats Expectations with €7.08 Billion in New Orders
ASML shares jumped 8.7% in early Frankfurt trading on Wednesday after reporting better-than-expected Q4 bookings. The Dutch company, which is the largest supplier...
Nvidia Stock Recovers 8.8%, Leading Nasdaq Rally
Nvidia shares saw a strong 8.82% increase, closing at $128.86 on Tuesday, following a sharp 17% drop the previous day. The stock’s recovery...
Nvidia Stock Rises After Record Drop: What’s Next?
Nvidia shares rose 7% to $126.70 on Tuesday, partially recovering from a 17% drop the day before, which marked its largest one-day decline...
AMD Stock Takes a Dive: What’s Driving the 7.58% Plunge?
Advanced Micro Devices (AMD) stock experienced a significant decline, falling by 7.58% to approximately $115.46. This sharp drop has raised concerns among investors...
AI Upstart DeepSeek Shakes Up Tech World, Quantum Stocks Tumble
Shares of quantum computing companies like D-Wave Quantum and Rigetti Computing experienced significant declines following the emergence of DeepSeek, a Chinese AI startup....
Netflix Leads Streaming Market with $39 Billion in Revenue
Netflix continues to dominate the streaming industry with impressive financial and subscriber growth. In 2024, the company added 19 million new members, bringing...
How Netflix Dominated the Streaming Wars with 302M Subscribers
Netflix has cemented its place as the leader in the streaming industry, with nearly 302 million global subscribers as of the fourth quarter...
Currency Market Hit by U.S. Tariff Plans and DeepSeek AI Concerns
The U.S. dollar strengthened against major currencies on Tuesday, following new tariff threats from the United States and concerns over a low-cost Chinese...
LinkedIn Co-Founder Reid Hoffman Raises $25M to Fight Cancer with AI
Reid Hoffman, the co-founder of LinkedIn, has raised $25 million for his new AI startup, Manas AI, which focuses on developing faster and...
Boeing Faces $3.8 Billion Loss: A Troublesome Quarter
Boeing announced a $3.8 billion loss for the fourth quarter of 2024, adding to its financial troubles since 2019. The company has now...
The Big Tax Americans Skip — And What It Costs Us
Americans pay lower taxes than most developed countries, but this comes with some trade-offs. In 2023, total taxes collected in the U.S. made...
Boeing’s $11.8 Billion Loss: Largest Since COVID Era
Boeing has reported a massive $11.8 billion loss for 2024, marking its worst financial performance since 2020. The company faced major challenges in...
Trump says Microsoft is in talks to acquire TikTok
U.S. President Donald Trump revealed on Monday that Microsoft is in discussions to acquire TikTok, the popular social media app. He added that...
Nvidia Faces $589 Billion Loss in Market Cap Amid DeepSeek AI Shakeup
Shares of Nvidia experienced a sharp 17% drop on Monday, marking its worst single-day loss since the start of the COVID-19 pandemic in...
World’s Richest People Lose $108 Billion After AI Selloff
The world’s 500 richest people lost a staggering $108 billion on Monday as a tech-led selloff rocked global markets. The selloff was triggered...
Trump’s Tariffs on Copper and Aluminum May Hurt U.S. Consumers
President Donald Trump announced plans to impose tariffs on U.S. imports of copper, aluminum, and steel, aiming to boost domestic production. However, analysts...
Taiwan Semiconductor and Others Hit Hard as DeepSeek AI Model Shakes Market
Shares of major AI hardware companies, including Taiwan Semiconductor Manufacturing (TSMC), Marvell Technology (MRVL), and Arista Networks (ANET), saw sharp declines on Monday,...
Asian Stocks Drop as Dollar Gains on Trump’s Tariff Comments
The US dollar strengthened on Monday after President Donald Trump announced plans for “much bigger” universal tariffs to boost domestic manufacturing. This statement...
Market Panic Over China’s DeepSeek Is ‘Overblown,’ Analysts Say
The tech market faced a sell-off on Monday as China’s AI startup, DeepSeek, raised fears about a cheaper, open-source AI model. This caused...
Tech Stocks Fall as Investors Worry About DeepSeek and Valuations
On Monday, U.S. stock markets dropped as investors feared that DeepSeek, a Chinese AI startup, could hurt the profits of major tech companies....
Nvidia Shares Plunges 17% as China’s DeepSeek Shakes Up AI Industry
Nvidia and other U.S. tech companies saw sharp declines on Monday as Chinese AI startup DeepSeek raised concerns about America’s leadership in artificial...
Oracle and NVIDIA Stocks Plunge Over $50 Billion Amid DeepSeek Disruption
Jensen Huang of Nvidia and Larry Ellison of Oracle saw their fortunes shrink by a combined $50 billion on Monday as Chinese AI...
Microsoft Earnings Report: What Investors Should Expect
Microsoft is set to announce its second-quarter earnings for Fiscal 2025 on January 29, after the market closes. Investors will be looking closely...
S&P 500 Faces Risk in 2025: Warren Buffett’s $127 Billion Warning Explained
Warren Buffett and Berkshire Hathaway have sent a strong signal to Wall Street. The company sold $127 billion in stocks during the first...
Japan’s Semiconductor Stocks Slide as DeepSeek Raises Fears for U.S. AI Supremacy
Japan’s chip-related stocks experienced a sharp decline on Monday, spurred by concerns over Chinese AI startup DeepSeek’s potential to challenge America’s leadership in...
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