Nasdaq 100 index drops 3.6% after DeepSeek’s AI model launch, with Nvidia experiencing a 12.94% loss

In the fast-paced world of finance, market fluctuations are often sparked by new technological innovations. One such incident occurred recently when DeepSeek, a rising AI company, launched its highly anticipated AI model, causing a ripple effect across the stock market. The Nasdaq 100 index, a key benchmark for technology stocks, saw a significant drop of 3.6%, and Nvidia, one of the leading players in the semiconductor and AI space, experienced a notable 12.94% loss. Let’s […]

European markets reach record highs led by retailers, while UK’s FTSE 100 remains stable amid global tech volatility

The global financial landscape is constantly shifting, and recently, European markets have reached new heights, driven predominantly by the retail sector’s strong performance. At the same time, the UK’s FTSE 100 index has remained relatively stable, navigating through the turbulent waters of global tech volatility. This dynamic scenario reflects a diverse range of factors at play in the international markets, including investor sentiment, economic recovery, and sector-specific growth. The European Market Boom: What’s Behind the […]

US durable goods orders unexpectedly fall by 2.2% in December, defying predictions of a rise

The economic landscape in December 2024 was shaken by a surprising shift in the durable goods market. Analysts were anticipating a rise in durable goods orders, yet the reality presented a different story, with orders falling by 2.2%. This unexpected decline has raised several questions about the health of the economy and the potential factors behind such an outcome. Let’s dive deep into what this drop means, why it happened, and how it affects various […]

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