The popularity of lower cost China startup DeepSeek heightened jitters ahead of a big few days for mega-cap results. Elsewhere, low-cost airline Ryanair has downgraded its passenger growth target due to Boeing delivery delays.
The UK's main stock indexes closed higher on Wednesday boosted by gains in the technology and financial sectors, while the pound slipped after Finance Minister Rachel Reeves's dovish remarks on resetting ties with the European Union and the United States.
(RTTNews) - Japanese Conglomerate Sony Group Corp. (SONY) Wednesday announced the appointment of Hiroki Totoki as Chief Executive Officer, with effect from April 1. Totoki succeeds Kenichiro Yoshida, who will continue to be the Chairman of the company.
Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on track to post record annual profit and eclipse its forecasts for the year.
TOKYO (Reuters) - Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman-CEO Kenichiro Yoshida will remain as chairman, the company said on Wednesday.
Discover why DeepSeek's cost-effective AI model is stirring up reactions on Wall Street and generating alerts from President Trump.
R1, sent shockwaves through Wall Street, with major tech firms—most notably Nvidia—experiencing sharp stock declines.
Japanese tech firms sank Tuesday following a rout on Wall Street after China's DeepSeek chatbot upended the artificial intelligence sector and sparked questions about huge investments by US titans.
Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8%, having slumped on Monday, as experts said the AI selloff may have been an over-reaction.
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.
US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence