Tag: middle east business economy

The significant events in the global economy over the past week Weekly financial update, presented by Bas Kooijman, the CEO and Asset Manager of DHF Capital SA. U.S. stocks finished lower in a holiday-shortened week, reflecting a mix of geopolitical concerns and softening consumer sentiment. After markets closed Monday for Presidents’ Day, equities initially rose, pushing the S&P 500 to record highs on Tuesday and Wednesday....

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....