Tag : tech stocks

Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Business

Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears

manamalive.com
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
Technology

OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down

manamalive.com
OpenAI launched a new ChatGPT search feature, pressuring Google and Bing as tech stocks reacted sharply, with Alphabet and Microsoft shares both declining in the wake of the news....
Tech stocks feel the heat from soaring Treasury yields
Business

Tech stocks feel the heat from soaring Treasury yields

manamalive.com
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with the Dow Jones Industrial Average declining by approximately 0.4%, the...
Post-holiday blues hit Hong Kong's Chinese equities as economic concerns rise
Business

Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise

manamalive.com
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout the region and escalating concerns about China’s economic prospects. The...