That’s a staggering $589 billion loss in market cap – the largest value destruction for a single stock in market history. The reason? A Chinese AI company called DeepSeek. So, in today’s Market 360, I want to touch on what happened with DeepSeek and explain why it has the tech ...
Yesterday I wrote a post summing up what happened in 2014. In it I promised a post on what is going to happen. What I did not specify was how far forward I am going to look. It’s a lot easier to predict the future without a timeline on it. I think we all know, for example,...
AAPL shares are up more than 70% over the past year despite the coronavirus crash. They just hit a new all-time high. Apple's devices and software have become necessities for much of the world, and customers will keep coming back for more......
Saudi Aramco is the world's largest oil producer.1Officially known as Saudi Arabian Oil Company, the company is primarily state-owned and is based in Dhahran, Saudi Arabia.2It is the world's most profitable company, eclipsing even tech giants such as Apple (AAPL), and Microsoft(MSFT).3 T...
In 2013, Bryanpenned his first Bitcoin primer, but these are the things we’ve found most people new to Bitcoin want to know today: Bitcoin is a cryptocurrency, meaning a digital currency that uses cryptography—essentially complex math equations—to ensure each transaction happens only once. ...
Posted: April 28, 2020 1:53PM in AAPL Investors edited April 2020 Apple will be announcing its financial results for the second quarter of 2020 on Thursday, but the ongoing COVID-19 pandemic is likely to result in considerably weaker results than usual. Here are what some analysts monitoring...
While we have yet to hear any concrete material explaining what really happened to the customer funds in question, a few business writers offer their take on what went down during those fateful days leading up to MF Global’s demise. 1. Francine McKenna of Forbes writes, MF Global Assets ...
It's just my conjecture that something less dramatic will take place, as is usually the case. The DOJ and FTC could decide to levy restrictions on business practices, like what happened toKodakseveral times. The company had a monopoly on camera film and agreed to not sel...
The Ringer's Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. It's kind of incredible that this hasn't happened yet. They have every other piece of the streaming puzzle in place — literally, all of it — ex...
The house was the cheapest house in the best school district and definitely on the low end of the neighborhood as well. We paid 167K and there were only one or two other homes less than 200K in the high school district at that time. As luck would have it, we just happened to be bu...