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...
by Justin Wong | Jan 17, 2025 | Domestic, Technology
On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
by Elvis Guaman | Jan 15, 2025 | AI, Investing News, Market News, Technology
Last week, tech stocks, including quantum computing companies, took a hit following comments by NVIDIA CEO Jensen Huang. He suggested that the timeline for AI and quantum computing breakthroughs might take longer than expected, leading to a significant drop in stock...
by Andy Liao | Jan 7, 2025 | Investing News, Market News, Politics, Technology
In a move that has raised eyebrows across the tech world, Meta CEO Mark Zuckerberg announced on Tuesday that the company will eliminate its third-party fact-checking program and transition to a “Community Notes” model, similar to the one used on Elon...
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,...