Broadcom, TSMC Jump as OpenAI Close to In-House AI Chip Design, Nvidia Drops
OpenAI's collaboration with Broadcom on a custom AI chip is progressing faster than expected, reducing its reliance on Nvidia's expensive GPUs and offering more tailored solutions.The ChatGPT creator
14hour ago1.27w
EU and Canada Vow Tit-for-Tat to Trump's 25% Steel and Aluminium Tariffs, Triggering New Round of Retaliation
The European Union and Canada have vowed to respond with countermeasures following President Donald Trump's decision to impose sweeping tariffs on all steel and aluminium imports, triggering a new rou
14hour ago1.27w
Apple, Alibaba Shares Jump After Reported AI Collaboration in China
Apple's AI features may soon arrive in mainland China.Apple has recently started collaborating with Chinese internet and e-commerce giant Alibaba Group to introduce new artificial intelligence feature
14hour ago1.26w
Stocks Tumble as Stubborn January CPI Ahead of Tariff Risk, More Fed Hawkishness Expected
Stocks plunged on Wednesday following the release of the January CPI, which came in higher than expected, signaling that inflationary pressures are intensifying. The inflation raises concerns about th
14hour ago1.25w
Inflation "Black Swan" Looms as Food, Goods, and Base Metals Prices Surge Amid Further Tariff Concerns
The U.S. is facing a broad surge in prices, from food and everyday goods to base metals, putting additional pressure on Wednesday's CPI report and future price stability, making the Fed's monetary pol
14hour ago1.26w
Why 2025 Could Be the Most Turbulent Year For Global Investors?
The recent turmoil in global financial markets triggered by a series of U.S. tariff announcements appears to be just the beginning of a volatile year.An annual survey released by JPMorgan on Wednesday
02-082.05w
NVIDIA's Nightmare, But Startups' Dream? How DeepSeek's R1 Model Disrupts the AI Ecosystem
Chinese AI startup DeepSeek has disrupted the U.S. artificial intelligence ecosystem with its latest large model, causing chip leader NVIDIA's market value to drop by hundreds of billions of dollars o
02-082.04w
Tesla Tumbles as Tech Surges; Musk's Political Stance Now Poses Big Trouble
While the market is rising, Tesla is struggling. The EV giant has dropped more than 6% this week as its sales tumbled in Europe, heightening concerns about its already fragile fundamentals. Even Musk'
02-082.04w
Nasdaq Futures Slide Over 4% as DeepSeek Raises Doubts About U.S. AI Dominance, Tech Giants' Massive AI Spending
Blood Monday is coming. Nasdaq futures fell 4% as Chinese artificial intelligence company DeepSeek's latest model shows the same ability as OpenAI but at only a fraction of the cost, shaking the globa
02-052.12w
Nvidia Tumbles 11% as China's DeepSeek Raises Concerns Over AI Chip Overcapacity
AI chip stocks saw a blood sell-off on Monday, along with other tech giants, after China's DeepSeek introduced its cost-effective AI reasoning R1 model. The model offers comparable capabilities to Ope
02-052.16w
Federal Reserve issues FOMC statement
2:00 p.m. EST Share Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market con
02-052.11w
August non-farm data: Fed rate decision signals mixed
The August non-farm payrolls data confirmed the trend shown by the ADP employment data the previous day, but again fell short of market expectations.
2024-09-093.11w
US Economy/FED/Rate Cut
Wall Street's Bullish Forecast: Analysts Predict Nvidia's Market Cap To Reach $10 Trillion
Beth Kindig, chief technology analyst at I/O Fund, recently said that NVIDIA's market value is expected to double to $10 trillion.
2024-09-023.08w
Nvidia
Trump-Musk Interview: Will Markets Change?
At 8 p.m. on August 12, Trump and Musk held an online meeting lasting more than two hours.
2024-08-153.06w
Tesla/Trump/Musk
Amazon and TikTok Join Forces to Transform E-Commerce Landscape
Recently, Amazon and TikTok announced an important collaboration to provide users with a more convenient shopping experience.
2024-08-153.04w
Amazon/TikTok/E-Commerce
Google Unveils Pixel 9 Series with Next-Level AI Technology
Google released a series of new products, focusing on the latest Pixel 9 series and its application of AI technology.
2024-08-152.96w
Google/Smart Phones/AI
Eli Lilly's Q2 Revenue Exceeded Expectations, New Products Coming Soon
Eli Lilly's Q2 revenue grew 36% year-on-year, exceeding expectations. The company also plans to launch more new products and expand sales of existing products in the second half of the year.
2024-08-122.87w
US stock/Financial Results/Eli Lilly
Monthly fee up to $20! Apple users still spend on AI?
Since Apple first launched its artificial intelligence system product Apple Intelligence in June this year, this important product has attracted widespread attention.
2024-08-122.90w
Apple/AI/iPhone
U.S. Job Market Reheats, Unemployment Drops Sharply
The number of new applications for unemployment benefits in the United States fell sharply, marking the biggest drop in a year and pointing to a recovery in the job market.
2024-08-122.82w
US Economy/Inflation/Rate Cut
JPMorgan Warns of Coming Recession
JPMorgan Chase CEO Jamie Dimon said he still believes there is a significant chance the U.S. faces a recession.
2024-08-122.88w
JPMorgan Chase/US Economy/Inflation
Will Global Stock Market "Black Monday" Impact US Election?
This week, the global stock market experienced a "Black Monday", which not only brought significant losses to investors, but also may affect the results of the U.S. presidential election in November.
2024-08-082.97w
US stock/US Election
Is U.S. Recession Risk Overstated?
As the U.S. nonfarm payrolls report for July fell sharply short of expectations, the focus on Wall Street has shifted from interest rate cuts to the timing of the U.S. economy's slide into recession.
2024-08-082.83w
US stock
Goolsbee: FOMC Ready to Act if Economy Deteriorates
Chicago Federal Reserve President Goolsbee stated that the Fed will respond to signs of economic weakness and hinted that current interest rates might be too tight.
2024-08-072.82w
US Economy/FED/Inflation
AI Chip Manufacturer Cerebras Systems to Show Up in October
Artificial intelligence chipmaker Cerebras Systems plans to become a rival to Nvidia through an IPO in October this year.
2024-08-052.91w
AI/nvidia/IPO
More
Ainvest
70articles
Follow