DeepSeek’s Rise Challenges U.S. AI Dominance
The emergence of Chinese AI app DeepSeek has sent shockwaves through financial markets and the global tech industry. Even U.S. President Donald Trump weighed in, calling it “a wake-up call” for American
Google Cuts Ties With Scale AI After Meta Stake
Google plans to sever its relationship with Scale AI following Meta’s acquisition of a 49% stake in the data-labeling startup. The move raises industry-wide concerns over data security and competitive exposure in
Musk’s xAI Unveils Grok-3 Model to Challenge OpenAI
Elon Musk’s AI startup, xAI, introduced its latest Grok-3 model, positioning it as a challenger to OpenAI’s GPT-4o and other leading AI models. The announcement came just days after Musk’s $97.4 billion
Alphabet Hits $3 Trillion Market Cap Milestone
Joins exclusive club with Apple, Microsoft and Nvidia Alphabet has officially reached a $3 trillion valuation, joining an elite group of tech giants that includes Apple, Microsoft and Nvidia. The company’s shares
Google Launches AI Mode to Compete with Search Rivals
At its I/O conference on Tuesday, Google introduced several new technologies that aim to move beyond its traditional Search product, paving the way for a future where search engines are far less
Microsoft Shares Drop Over 6% After Weak Guidance
Microsoft shares tumbled more than 6% on Thursday after issuing weaker-than-expected current-quarter guidance. The stock was on pace for its worst day in more than two years. The decline followed the company’s
Stocks Rebound as Investors Recover from DeepSeek Shock
U.S. stocks edged higher on Tuesday as investors attempted to recover from Monday’s DeepSeek-driven sell-off, which sent technology shares tumbling. The rebound, while modest, signaled renewed confidence in AI stocks, particularly Nvidia
Big Tech Stocks Plunge as AI Competition Rattles Markets
Monday’s market sell-off served as a stark reminder of the forces driving the bull market and the high expectations investors have for Big Tech earnings in 2025. A sudden drop in AI
Microsoft Beats Expectations with Strong Q1 Cloud Performance but Faces Competitive AI Landscape
Microsoft (MSFT) exceeded analysts’ expectations in its fiscal first-quarter earnings, driven largely by continued strength in its cloud business and AI-focused growth initiatives. The tech giant posted earnings per share of $3.30