Catenaa, January 28, 2025 – Global tech stocks plummeted for a second consecutive day Tuesday as the unveiling of a cost-efficient Chinese AI model disrupted investor confidence in the sector. Nvidia shares fell 17% on Monday, erasing $593 billion in market value, a historic one-day loss. Chinese startup DeepSeek introduced a low-cost AI assistant that […]

Catenaa, Friday, February 21, 2025 – Asian stocks climbed to a three-month high on Friday as investors rallied around Chinese tech stocks with enthusiasm for Artificial Intelligence(AI). MSCI’s broadest index of Asia-Pacific jumped more than 1% to its highest since November 8 on Friday, putting the index on track for a sixth straight week of gains, the […]

Catenaa, Thursday, February 13, 2025 – Global hedge funds have ramped up their buying of Chinese stocks this year, with a surge in purchases last week driven by excitement over artificial intelligence startup DeepSeek, Goldman Sachs said in a client note.  Goldman’s prime brokerage data showed Chinese equities—both onshore and offshore—were the most actively purchased […]

Catenaa, Thursday, February 27, 2025- Nvidia has beaten Wall Street revenue expectations with revenue up by 78% year on year for the fourth quarter that ended in January 2025, while investors watch closely how the chipmaker is weathering DeepSeek’s powerful Al model. Earnings report for Q4 of fiscal year 2025 released on Wednesday showed revenue at $ […]