DeepSeek’s ‘Sputnik Moment’ Sends Shockwaves Through Global Tech Stocks
Technology stocks plunged as Chinese startup DeepSeek unveiled a low-cost AI model, challenging Western dominance and prompting investors to reassess AI spending.
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DeepSeek’s ‘Sputnik Moment’ Triggers Sell-Off in Major AI Stocks
Investors are selling shares in major AI companies like Nvidia and Oracle after Chinese startup DeepSeek launched a low-cost AI model, challenging Western dominance and triggering market uncertainties.
Apple’s iPhone Shipments in China Drop 19% Amidst Huawei’s Resurgence
Apple’s iPhone shipments in China dropped 19% in Q1, facing stiff competition from Huawei’s resurgence. Huawei’s sales surged 70%, challenging Apple’s dominance in the premium segment.
Global PC and Console Gaming Growth Slows as Players Log Fewer Hours
Global PC and console gaming growth is expected to slow through 2026 as gamers log fewer hours, with industry giants adjusting strategies amid shifting player habits.
China’s Sleep Economy Soars as 60% Experience Poor Sleep Quality
With nearly 60% of China’s population experiencing poor sleep quality, the nation’s sleep economy has surged to 500 billion yuan ($69 billion) in 2023, reflecting a growing focus on health and well-being.
Hanfu Revival Lights Up China’s Lantern Festival
As the Lantern Festival illuminated the skies, China’s traditional attire Hanfu shone brightly, symbolizing a cultural revival energizing a booming market projected to reach 24.18 billion yuan by 2027.