The AI Underdog: How DeepSeek Triggered Nvidia’s Record $560B Plunge

2025-01-27T22:57:33.990+02:00 Monday, 27/01/2025 | 20:57 GMT by Jared Kirui DeepSeek has gained attention with its open-source AI model, which quickly climbed Apple’s App Store rankings. The low-cost AI approach threatens Nvidia’s market dominance. Nvidia, once the crown jewel of the AI boom, faced an unprecedented $560 billion loss in marketContinue Reading

Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More

Demo Account Prop Trading Platforms Do Not Need Authorisation: Czech Regulator Starting our weekly news roundup, demo account prop trading services without real-market executions and subsequent settlements cannot be categorized as investment services under existing regulations, the Czech National Bank (CNB) recently clarified in a Q&A published on its website.Continue Reading