Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil
Why is DeepSeek causing global technology shockwaves?
Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....
Market Thoughts – Subdued Start To Holiday-Shortened Week
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus.
ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50%
The number of millionaires has skyrocketed over the past...
New Fund for Pandemic Prevention, Preparedness and Response Formally Established
The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...
Pre-Cyber Monday Digital Sales Up 18% Despite Higher Prices, Smaller Discounts, and Fewer Products
Early holiday shopping is driving an increase in digital sales this...
UAE asserts Strong Climate Action equals Strong Economic Growth at Pre-COP26 Meetings in Milan
The UAE has expressed its strong support for progressive climate action...
Renewable resources discussions grow multifold in 2020 as fossil fuel demand dwindles
‘Renewable energy’ mentions in oil and gas companies’ earnings transcripts increased by over...
Deal activity in Asia-Pacific declined by 27.8% in May 2021
A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...
Global Over-the-Counter (OTC) Drugs Market to Grow by 6%YoY and Hit $120.8B Value in 2021
Over the years, non-prescription or over-the-counter (OTC) medicine has become...
69% of Routine Work Currently Done by Managers will Be Automated by 2024
Artificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots are rapidly...
For further increase tourism demand from the Middle East to Japan, the Japan National Tourism Organization (JNTO) signed a Memorandum of Cooperation (MOC) with...
