Stock Market Plunges: Dow Sinks 800 Points as Yields Rise, Trump Budget Stalls
Stock market losses deepened on Wednesday as major indexes dropped sharply in late afternoon trading. The Dow Jones Industrial Average tumbled more than 800 points, while the Nasdaq reversed earlier gains, driven by rising Treasury yields and political uncertainty in Washington over President
Stock Market Update: Dow Jones Drops on Trump Tariff Concerns; Nvidia Slips as Warren Buffett Stock Approaches Buy Zone
The stock market experienced a downturn on Wednesday as investors reacted to reports that former President Donald Trump is set to announce new tariffs on the auto industry. The uncertainty surrounding potential export restrictions weighed on major indexes, with Nvidia and Tesla among
Chinese AI Startup DeepSeek Disrupts US Tech Market with Groundbreaking Low-Cost AI Model
Chinese AI startup DeepSeek has shaken the global tech landscape with its groundbreaking AI model, R1, which rivals US-developed technologies at a fraction of the cost. Despite restrictions on advanced AI chip exports to China, DeepSeek trained its model on underpowered chips, spending