Tech Stocks Plummet as DeepSeek AI Disrupts Market Investors in the tech industry were left reeling this week as the highly anticipated launch of DeepSeek’s new AI model sent shockwaves through the market. The unveiling of this groundbreaking technology has not only challenged industry giants but has also raised questions about the valuations of tech […]
Abercrombie Shares Drop Despite Strong Holiday Sales
Abercrombie Shares Drop Despite Strong Holiday Sales Abercrombie & Fitch, the renowned American retailer, has recently faced a setback as its shares took a dip by 7.4 percent in Monday’s premarket trading session in New York. This decline comes as a surprise considering the company’s impressive performance in the past year, where its shares witnessed […]
European Commission Approves e&’s Acquisition of Czech PPF Telecoms
The European Commission has recently granted approval for Emirates Telecommunications Group (e&) to acquire Czech PPF Telecoms assets in a deal valued at €2.15 billion. This strategic acquisition covers telecommunications operations in several European countries, including Bulgaria, Hungary, Serbia, and Slovakia. However, the approval did not come without rigorous examination and conditions aimed at ensuring […]