To The Moon

DeepSeek prompted a major sell off of tech stocks this week, but ASML's chief says the artificial-intelligence upstart could boost the chips sector in the longer term.Tech stocks-including ASML-fell sharply Monday after DeepSeek said it had trained high-performing AI models using less advanced chips. The news upended the conventional wisdom that expensive, cutting-edge chips are essential for building the most advanced AI systems.That isn't necessarily bad news for ASML, according to Chief Executive Christophe Fouquet. The Dutch company supplies machines-including those that produce the world's most advanced chips-to customers including Taiwan Semiconductor Manufacturing Co. and Intel."Anyone that lowers costs is in fact good news for ASML because lower cost means AI can be used in more applications, more applications mean more chips, and we are in the business of providing equipment to people who make chips," Fouquet said.His comments came as ASML's shares rose sharply Wednesday after

SoundHound AI Inc. stock plummeted 5.09% in Monday's intraday trading session, closing at $20.62 per share. The artificial intelligence company's stock experienced a significant decline despite a strong performance in 2024, raising concerns about its lofty valuation.According to analysts, SoundHound AI's impressive growth prospects and widespread adoption across various industries, including automotive, restaurant, and banking sectors, fueled the stock's remarkable 836% surge in 2024. However,

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European stocks down 1%, S&P futures off 0.34%. Asia stocks down 0.68%. Oil gains after production r

The S&P 500 is on pace for its worst three-day drop since July. Is the sky starting to fall? It sure

(Aug 20) U.S. stock index futures fell on Friday, as concerns over a slowing economic recovery and t

Some of China concepts stocks dipped in premarket trading.Alibaba Group Holding Ltd. shares sinks nearly 4% in premarket trading.Alibaba Group Holding Ltd. shares slumped as much as 5.4% to a record low in Hong Kong on Thursday, extending a selloff in Chinese technology giants after Beijing hit the industry with a fresh round of regulations.Shares dropped after China said it is studying separate proposals to further ensure the rights of drivers who work for online companies and to step up overs