Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's ...
Philippine Peso May Test Record Low as Central Bank Cuts Rates
The Philippine peso is veering toward an all-time low as the nation’s central bank plans to cut interest rates further in the ...
Goldman Sachs raises AbbVie stock price target to $208
Goldman Sachs updated its financial model for AbbVie (NYSE:ABBV), leading to an increase in the price target for the ...
Tech sell-off is a reminder of the risks of a concentrated US stock market
The current sell-off in the tech sector is a reminder of the risks of a concentrated stock market. The largest 10 stocks account for almost two-fifths of the S&P 500. Such concentration is ...