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Nvidia’s $480 Billion Setback: How a Chinese AI Rival Shook Wall Street

Nvidia’s $480 Billion Setback: How a Chinese AI Rival Shook Wall Street

by Andy Liao | Jan 27, 2025 | AI, AI, Energy, Investing News, Market News, Stock Market, Technology

Nvidia (NVDA) saw its stock drop more than 13% on Monday, wiping nearly $480 billion from its market cap. This sharp decline came after the announcement of a new AI model from Chinese company DeepSeek, which released R1 last week. Despite running on fewer and less...
Broadcom Hits $1 Trillion Market Cap Amid AI Surge

Broadcom Hits $1 Trillion Market Cap Amid AI Surge

by | Dec 13, 2024 | AI, AI, Investing News, Stock Market, Technology

Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...

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LATEST

Enphase Energy Crashes 20% as GOP Tax Bill Strikes Blow to Clean Energy Incentives

by Jessica Gwathney | May 22, 2025

Shares of Enphase Energy (NASDAQ:...

Vigil Neuroscience Skyrockets 240% as Sanofi Bets $470M on Alzheimer’s Breakthrough

by Elvis Guaman | May 22, 2025

Shares of Vigil Neuroscience (NASDAQ:...

Gold Stocks Surge as Investors Seek Safety Amid Trade War Fears

by Suzeline Michel | Apr 11, 2025

old stocks climbed sharply Friday...

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