The day is January 20, 2025. It was a completely normal morning, until DeepSeek-R1 was published. In one week, the AI world went from calm to a storm of panic. War rooms were drafted, stocks crashed, and tech companies watched $1 billion disappear. The U.S. has been taken by surprise by Chinese technology advancement, and there are dire consequences for this.
Read MoreAs the U.S. approaches the presidential election, stock market concerns about the outcome may be overstated. Examining the complexities of the relationship between election cycles and market performance helps investors make informed decisions to navigate market volatility confidently, prioritizing their long-term strategies through short-term political fluctuations.
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China’s Evergrande is facing a media crisis after missing several key payments in recent weeks, reports the New York Times. News outlets see the situation as paralleling the events that sparked Lehman Brother’s catastrophic default in 2008, a catalyst in the global financial meltdown. Despite the turbulence, Xi Jinping’s government may not bother to save the company from a fallout that has already sparked hysteria among investors.
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