U.S.-listed shares of tech giants are gaining some lost ground this morning after a China-based startup shocked the AI world with a powerful LLM. Yesterday, shockwaves rippled across the American tech industry after news spread over the weekend about a powerful new large language model (LLM) from China called DeepSeek.
We recently published a list of 12 Safe Stocks to Buy for the Long Term in 2025. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other safe stocks to buy for the long term in 2025.
Nvidia, which has become one of the largest-valued companies due to its AI chips, dropped 16.9%, nearly $600 billion -- the largest single-day drop in U.S. history.
Shares of fabless chip and software maker Broadcom (NASDAQ ... Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on ...
An analyst at Barclays increased their price target for Broadcom from $205 to $260. This new target price suggests a potential 10% increase in the stock price. Barclays continues to recommend a ...
L3Harris has been contracted to build up wireless networking support of the 570-mile-long New York State Thruway.
Blackstone is in talks to buy 1345 Avenue of the Americas, a move that indicates confidence in New York's office market recovery.
A Bandai Namco Cross Store is coming to New York next month and will sell figures, games like One Piece Card Game, and other merchandise.
China's DeepSeek took the world by storm this week by introducing an AI model that runs efficiently on older NVIDIA GPUs, using only a tiny fraction of the budget OpenAI, Meta, Tesla, Microsoft, and others have spent building their AI infrastructure. It has raised serious questions about future spending for AI build-outs.
Since then, though, businesses have started tightening their purses. Today, FinOps is pretty much a standard discipline, and there are dozens of startups that aim to help businesses find the right balance between productivity and spend.
The year has gotten off to a dizzying barrage of news with potential to affect markets. However, the announcement that China-based DeepSeek had released its artificial intelligence
U.S. chip stocks were a mixed bunch with several joining Nvidia in the red. Cirrus Logic was down 2.2% while ARM Holdings' U.S. shares fell 2.1% and Broadcom lost 1.8%. On the other side of the fence Coherent Corp was up 3.6% and Advanced Micro Devices rose 2.6%. ASML's U.S. shares were last up 4.4%.