The Dow Jones Industrial Average (DJIA) navigated a week of conflicting signals, ultimately maintaining a bullish bias near record highs. While the index hovered around 44,800, absorbing a wave of corporate earnings and economic data, the prevailing narrative reveals a market wrestling with both promising opportunities and looming uncertainties, especially …
Read More »The Fed Pauses, Nvidia Slumps: US Stock Market Faces Pressures
The S&P 500 retreated on Wednesday following the Federal Reserve’s decision to maintain interest rates. Nvidia shares continued their downward spiral amid growing scrutiny over its AI technology. This confluence of events underscores the delicate balance facing markets: navigating inflationary pressures, grappling with the evolving landscape of AI, and contending …
Read More »U.S. Stocks Attempt to Recover Following Deepseek Shock
U.S. stocks began to regain footing on Tuesday following the shock caused by China’s DeepSeek, which announced an AI application that rivals the expensive applications developed by European and American companies, but at a much lower cost.The Dow Jones Industrial Average rose to 44,747 points, adding about 0.2% or 51 …
Read More »XAU/USD Declines 1% On Profit-taking, Broad Stock Selloff
Gold prices experienced a decline of over 1% on Monday, falling below the $2,750 level. This downturn was primarily driven by a confluence of factors. Firstly, profit-taking by investors contributed significantly to the gold price decline. Secondly, the emergence of DeepSeek, a Chinese artificial intelligence firm, triggered a broader market …
Read More »Why has China’s DeepSeek crept to news headlines all of a sudden?
The AI landscape has been shaken by the sudden emergence of DeepSeek, a Chinese artificial intelligence company that has rapidly gained traction with its powerful and surprisingly affordable AI chatbot. This development has sent shockwaves through the tech world, impacting stock prices and raising questions about the future of AI …
Read More »Dow Jones Recovers, but Tech Struggles Amid AI Competition and Trade Tensions
The Dow Jones Industrial Average (DJIA) initially tumbled Monday morning, weighed down by renewed trade war fears following a political dispute between the US and Colombia. These concerns, coupled with the release of a powerful open-source AI model from China, rattled investor sentiment. However, the Dow later rebounded as hopes …
Read More »Nvidia and AI Infrastructure Face Fresh Uncertainty
Financial markets were shaken on Monday as tech-heavy Nasdaq futures slumped, led by a steep decline in Nvidia (NASDAQ:NVDA). The drop follows concerns surrounding a potential shift in AI infrastructure demand after Chinese start-up DeepSeek unveiled a low-cost, energy-efficient AI model. Nvidia shares were down 11.7% in premarket U.S. trading, …
Read More »Weekly Market Recap: Central banks could steer price action this week
Last week was marked by significant events that influenced global financial markets. The inauguration of President Donald Trump, who wasted no time addressing the world on various market-related issues, was among the highlights. Company earnings reports and the long-anticipated interest rate hike by the Bank of Japan also played a …
Read More »Alibaba’s Share Repurchases Highlight Strategic Financial Management
Alibaba Group Holding Limited has made multiple filings with the Hong Kong Stock Exchange, submitting Next Day Disclosure Returns for January 20, 22, 23, and 24, 2025. These filings pertain to share repurchases made on the New York Stock Exchange between January 13 and January 17, 2025, showcasing the company’s …
Read More »Dow Jones Poised for Second Weekly Gain
The Dow Jones Industrial Average (DJIA) traded sideways on Friday, experiencing minor fluctuations within a narrow range. Despite this subdued end to the week, equities remain firmly on a bullish trajectory, with the index poised for its second consecutive week of gains.The release of US Purchasing Managers’ Index (PMI) data, …
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