Google was on the verge of acquiring Elon Musk’s Tesla for $6 billion, along with an additional $5 billion allocated for expanding the company and injecting liquidity to complete pending projects. However,
Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.
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The selloff stems from weekend panic over last week’s release from the relatively unknown Chinese firm DeepSeek of its competitive generative AI mo
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Foreign investors eye U.S. tech earnings, highlighting Tesla and Apple Investors shift attention to challenging earnings expectations for major U.S. tech firms
Fourth-quarter earnings of the Mag 7 companies are expected to be up 20.9% from the same period last year on 12.2% higher revenues.
Elon Musk has questioned the microchip claims made by DeepSeek AI, a fast-emerging player in the artificial intelligence pool, which is starting to challenge the United States' control over the AI industry. Newsweek has reached out to DeepSeek via email and Musk via X's press department for comment.
Compliance is a critical factor that ensures their investments are safe, transparent, and profitable. By emphasizing the importance of compliance, you can impress potential investors by demonstrating that their money is well-protected and set for growth.
OpenAI CEO Sam Altman, accompanied by President Donald Trump, speaks during a news conference in the White House on1, 2025. (Photo by Andrew Harnik/) President Donald Trump might have too many tech CEOs in the kitchen,
What we’ve seen in this post-election period … is that he hasn’t really been willing to support free speech when it counters his narrative.”
No, Elon Musk hasn't been 'removed from the White House', but people are celebrating the fact he won't have an office in the West Wing.