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
Chevron, GE Vernova Partner to Power AI Data Centers
Chevron Corp., investor Engine No. 1, and GE Vernova Inc. have announced a partnership to develop natural gas-fired power plants adjacent to data centers. The initiative aims to support the growing energy
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
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
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