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 shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about the competitive landscape in artificial intelligence. The...
Crypto liquidations top $483 million as markets react to Fed outlook
Featured News

Crypto liquidations top $483 million as markets react to Fed outlook

manamalive.com
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts by the U.S. Federal Reserve. According to data from Arab...
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
Technology

OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down

manamalive.com
MENA Newswire News Desk:  OpenAI has launched a new search feature within its ChatGPT platform, enabling users to access real-time information on news, sports scores, weather updates, and stock prices. This development positions ChatGPT as...
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...