DailyEdge

Global technology shares sank on Tuesday, as a market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered its second day, making investors question the sky-high valuation and dominance of AI bellwethers.

U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off.

Stock gains could become more broad-based as global central banks cut interest rates faster than the Federal Reserve, helping growth to pick up, according to Bank of America Corporation strategists.

GE Aerospace on Thursday forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent shortage of new aircraft.

The company’s shares soared in premarket trading on Wednesday after the company reported a blockbuster holiday quarter as a robust content line-up and its entry into live sports streaming brought in a record number of new subscribers.

Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump's returned to the White House.

As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling.

Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge.

Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, has raised $180 million in an investment round valuing the startup at $2.1 billion.

The S&P 500 faces its largest implied move ahead of a CPI report in nearly a year, with a potential 1% move in either direction on January 15. Robust jobs data and soaring bond yields add to the tension.