Tech giant Nvidia saw stock prices crash following investor concerns that low-cost Chinese AI models could negatively affect sales of the company’s chips.
DeepSeek, a Chinese AI app soared to the top of U.S. App Store and overtook OpenAI’s ChatGPT, flooding financial markets with red ink at Jan. 27 opening bell.
SEC has announced creation of a task force to develop a regulatory framework for crypto assets, pushed by Trump admin to reshape policy around cryptocurrencies.
U.S. Securities and Exchange Commission has sued Elon Musk, accusing him of failing to disclose his purchase of Twitter shares within legally mandated timeline.
U.S. annual inflation rate increased for third straight month in Dec 2024, finishing 2024 slightly below 3% as energy and shelter drove much of last month’s jump.
A district court ruled that American Airlines failed to prioritize the financial interests of employees’ retirement funds by pursuing ESG investments.
