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The call out referenced the launch of Chinese AI firm DeepSeek, which sent equity markets into a tailspin last week. The company came as a surprise competitor to entrenched market leaders such as Nvidia, which experienced the worst one-day fall in Wall Street history after its share price tanked 17% on the day. DeepSeek sends US tech stocks spiralling but investors remain optimistic about AI DeepSeek's arrival followed of years of AI hype in markets, as major technology names and investment mandates have wedded themselves to the popular investment trend. Last week's selloff also...

Subscribe to enjoy similar stories. MUMBAI : The Indian edtech players are expected to integrate traditional education approaches with educational technology as the ecosystem matures following the post-pandemic boom, top executives at edtech-focused venture capital firm GSV Ventures told Mint. “The ecosystem in learning and skills is now being viewed as more than just edtech," said Deborah Quazzo, managing partner of the US-based venture capital firm, in an interview on the sidelines of the ASU+GSV and Emeritus Summit in Gurugram. “It now includes large site-based education players, universities, and corporate entities—because you need more than just edtech to make it real." This marks a shift from the massive post-pandemic edtech boom that saw edtech players like Byju’s, Unacademy, and Physics Wallah, among others, come of age in the country.

Johnnie Walker whisky and Corona beer could be caught in the crosshairs of a potential trade war after Trump's move.

China has reiterated it could take “necessary countermeasures" after U.S. President Donald Trump decided to impose a 10% tariff on China for allegedly doing too little to stem the production of precursor chemicals for the drug fentanyl

A Japanese appeals court upheld the conviction of a former American Nissan executive for helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to overturn his acquitals on other counts

Subscribe to enjoy similar stories. The upcoming monetary policy is crucial for several reasons, given the environment and uncertain outlook making the selection of policy tools critical. A repo rate cut, if it were to happen, will need to take cognisance of the impact on the rupee, given the narrowing rate differential between the US and India.

Global equities reached record highs in 2024, mainly due to generative artificial intelligence and the global economic recovery. 

Bitcoin's price hit $107,487 (€102,429.74), a new all-time high on Monday, according to Marketwatch. The queen of cryptocurrencies has gained more than 50% since Donald Trump won the presidential election last month, its price is up roughly 150% year to date.

Bitcoin experienced a 150% rally in 2024, positioning itself as one of the top market performers in the year. This can be attributed to three bullish factors - regulatory optimism, an improved macro environment, and mounting investor enthusiasm.

Subscribe to enjoy similar stories. Just past midnight on February 3rd, Elon Musk appeared on X to explain what he is doing to the federal government. He had to speak over the patter of his four-year-old son, also called X.

China has countered President Donald Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports as well as announcing an antitrust investigation into Google and other trade measures

President Donald Trump has taken executive action to impose or threaten new tariffs on imports from Canada, Mexico and China

Chinese stocks listed in Hong Kong surged on Tuesday as investors loaded up on artificial intelligence and electric vehicle shares while shrugging off news of tit-for-tat Sino-U.S. tariffs on each others' goods. China's finance ministry announced a package of tariffs on a range of U.S. products in an immediate response to a 10% new tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.

«What you say is the consensus view out there. I mean, there are people who are saying that emerging markets is no longer an asset class because of multiple things that you just mentioned. But here are a few things. One, if you look at the valuations overall for emerging markets, if the US is trading at 22, we are at 20,» says Swanand Kelkar, Breakout Capital Advisors. What is keeping you busy these days? Swanand Kelkar: So, as you know, the Breakout Capital Fund is an emerging markets long biased fund, which invests across 30-35 best quality stocks across emerging markets, including India. And India, again, no points for guessing, is one of the largest allocations that we have.

UPDATE AS OF FEB. 3, 2025 AT 4:59 P.M. EASTERN: Prime Minister Justin Trudeau says the U.S. tariffs on Canada will be “paused” for 30 days. Read more about the announcement here.

Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked on technology projects such as the IRS's Direct File program

Ahead of tariffs starting Tuesday, President Donald Trump posted on social media that he spoke Monday morning with Canadian Prime Minister Justin Trudeau and would “be speaking to him again at 3:00 P.M.” But the Republican president also used the post ...

silver March futures contracts were trading at Rs 94,200/kg, down by 0.06% or Rs 57. Gold prices surged significantly by Rs 3,100/10 grams in the last one week while silver prices rose by Rs 4,000/kg in the same period.

United States, U.S. Secretary of State Marco Rubio said after lengthy talks with the Central American country's leader.

China lashed out at the US over tariffs imposed by President Donald Trump, saying Beijing «may be forced to take countermeasures» and stressed that there is «no winner in a trade war».