Taiwanese shares saw their worst-ever selling streak by foreign investors as heavyweight Taiwan Semiconductor Manufacturing Co. fell out of favor. Global funds reduced holdings for the past 12 sessions, shedding a net NT$391 billion ($11.9 billion) worth of Taiwanese stocks through Wednesday, according to exchange data compiled by Bloomberg. TSMC, which accounts for more than […]
India a buy-and-hold market, US tariffs no threat to growth: Mark Matthews – CNBC TV18
Mark Matthews of Bank Julius Baer & Co views India as a long-term investment bet and recommends buying on dips. Company Value Change %Change “It’s a good time to buy. Once in a while a market goes down. We are all used to that, and to my mind, it’s still a good story, because it’s […]
Meta shares adds $240 billion in market cap during longest winning run ever – CNBC TV18
Meta Platforms Inc. shares rose for a 12th consecutive session Tuesday, their longest winning streak ever, as investors cheer the social media giant’s artificial intelligence strategy. The stock ended the session on Tuesday up 1%. The owner of Facebook has added roughly $240 billion in market value during the streak, bringing its market capitalization to […]
Nvidia’s DeepSeek drop has Wall Street fixated on a key technical level – CNBC TV18
On Wall Street, all eyes are on Nvidia Corp.’s stock as chart-watchers search for signs the chipmaking giant will claw its way back from a DeepSeek-driven rout, given its power to sway the broader market. Company Value Change %Change A wild week saw it testing a key line in the sand for technical analysts for […]
Krutrim, AceCloud launch Deepseek AI models on Indian servers – CNBC TV18
Indian cloud service providers Ola Krutrim and AceCloud have started offering services of Chinese artificial intelligence platform DeepSeek in the country. AceCloud was the first to announce hosting of DeepSeek. AceCloud said that it will offer DeepSeek AI models to businesses with claims that the data residency will remain in India. Krutrim claimed to be […]
DeepSeek Sell-Off: Nasdaq sheds 600 points after Nvidia loses $600 billion in market cap – CNBC TV18
A sell-off triggered by the rise of a Chinese AI firm DeepSeek led to AI darling Nvidia Corp. seeing the biggest erosion in market capitalisation in a single day in US history. Nvidia’s 17% drop coupled with a sell-off in other chipmakers led to the Nasdaq declining over 600 points on Wall Street during Monday’s […]
US Futures Sell-Off: A Chinese AI start-up is a key factor behind the fall – CNBC TV18
Nasdaq futures are down nearly 400 points in early trading on Monday, January 27, which is also reflecting in the potential gap-down start in the Nifty 50 index ahead of the January monthly expiry and the Union Budget on Saturday. One of the factors behind this steep fall is a Chinese AI startup. Company Value […]