Is DeepSeek a Breakthrough Product or Just a Clever Chinese Stunt?

Is DeepSeek a Breakthrough Product or Just a Clever Chinese Stunt?

Tech giants are adapting to a new reality in the market with the arrival of Chinese competition in artificial intelligence (AI). DeepSeek has introduced a highly efficient open-source model that allegedly outperforms American alternatives, despite the U.S. restrictions on exporting advanced semiconductors to China. These developments challenge the assumption that AI development requires massive investments in expensive hardware and infrastructure. Could this really be true?

Japanese Interest Rates Highest in 17 Years, Yen Strengthens

Japanese Interest Rates Highest in 17 Years, Yen Strengthens

After the Bank of Japan (BoJ) ended an eight-year period of negative interest rates last year, it implemented its third rate hike this month. The Japanese yen (JPY) strengthened against other major currencies, driven largely by the rhetoric of the new U.S. president regarding the Federal Reserve's monetary policy and tariffs.

When entertainment breaks records: Netflix dazzles with user numbers and stock market success

When entertainment breaks records: Netflix dazzles with user numbers and stock market success

Netflix proves once again that it is the leader among streaming platforms as it closes out 2024 with robust results. With a record number of new subscribers, it reached a milestone that hasn't been surpassed since the start of the pandemic, which also led to all-time highs for its stock.* But the company isn't standing still. Through exclusive content, live sports broadcasts and ambitious targets, it is showing that it is forging a path into the future with determination.

Investment Banks Kick off Earnings Season with Strong Profits

Investment Banks Kick off Earnings Season with Strong Profits

The U.S. banking sector closed 2024 with strong results, as JPMorgan Chase, Wells Fargo, Citigroup, and Goldman Sachs reported quarterly earnings that exceeded Wall Street expectations. These results reflect last year's market recovery after previous declines. Future prospects are surrounded by optimism, although some risks remain.