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NASDAQ

China’s Cut-Price AI Model Shocks Global Markets, Coincides With Boost to Chinese Shares NASDAQ

China’s Cut-Price AI Model Shocks Global Markets, Coincides With Boost to Chinese Shares

The release of a cheaper, less resource-intensive AI model, known as R1, from China-based tech firm, DeepSeek, has sent shockwaves through global stock markets. On news of the launch the tech-heavy NASDAQ fell 3% on the day yesterday, losing around US$1 trillion in value, with NVIDIA alone falling by 17%…
bubmag
January 28, 2025
China’s DeepSeek sets off AI market rout NASDAQ

China’s DeepSeek sets off AI market rout

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled…
bubmag
January 27, 2025
Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF NASDAQ

Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF

The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January. Updated Jan 26, 2025, 4:50 p.m. UTC Published Jan 24, 2025, 9:47 p.m. UTC Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin…
bubmag
January 24, 2025
Nasdaq 100: Netflix Adds $40B to Market Cap With Strong 2025 Forecast NASDAQ

Nasdaq 100: Netflix Adds $40B to Market Cap With Strong 2025 Forecast

Published: Jan 21, 2025, 21:51 GMT+00:00 Key Points: Netflix added 41M new subscribers in 2024, marking its best-ever year for user growth and bolstering its market dominance. Revised 2025 revenue guidance predicts $43.5B-$44.5B, up $500M from prior forecasts, reflecting strong business fundamentals. Shares of Netflix surged 10% in extended trading,…
bubmag
January 21, 2025
Hilton and Peloton Elevate Wellness Travel Through In‑Room Fitness Experience NASDAQ

Hilton and Peloton Elevate Wellness Travel Through In‑Room Fitness Experience

McLEAN, Va. and NEW YORK - Hilton (NYSE: HLT) and Peloton (NASDAQ: PTON) are making it easier than ever for travelers to sustain fitness routines and goals while on the road. Through Hilton’s Connected Room Experience (CREx) guests can now access a complimentary collection of Peloton’s on-demand fitness content on…
bubmag
January 17, 2025