US stocks plummeted after Chinese AI start-up DeepSeek unveiled a low-cost, high-performance AI model, causing Nvidia to drop 17.4% and dragging down the Nasdaq composite by 3.5%. This disruption led to significant losses for tech giants like Meta and Alphabet, with implications for the broader market as investors question US tech industry dominance and explore opportunities in undervalued Chinese AI companies. The news also triggered a massive rotation out of AI-related investments, impacting energy companies and cryptocurrencies, signaling a shift in market sentiment and potential volatility ahead.
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The Ashes: Australia’s cricket enemy No.1 Stuart Broad heading Down Under with Channel 7
Stuart Broad, the controversial English fast bowler despised by Australian fans, will join Channel 7 as an expert for the upcoming Ashes series, which begins on November 21 in Perth. Known for his contentious moments in past series, Broad believes the intense rivalry will continue, emphasizing that England faces not just a team but an entire nation when playing in Australia. Want More Context? 🔎
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