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

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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

Australian Dollar steadies following Trump’s decision to refrain from imposing tariffs

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The Australian Dollar strengthened as President Trump’s revised tariffs on China turned out to be significantly smaller than initially anticipated. Trump announced plans to impose a 10% tariff on Chinese imports beginning February 1. The S&P/ASX 200 Index declined, driven by a drop in mining stocks as weaker commodity pricesContinue Reading

Cardano – Mapping ADA’s road to $1.40 on the charts

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contributor Share this article Cardano’s breakout and bullish patterns target $1.40, with resistance at $1.20 crucial. Market sentiment and rising active addresses reinforce $ADA’s bullish momentum and sustained growth. Cardano [ADA] has recently broken out of a bullish flag pattern on the daily timeframe, signaling the potential for further gains.Continue Reading