2025-03-18
No bull: Fund managers swing away from U.S. stocks by a record
Fund managers made their biggest cuts in U.S. equity allocations ever in March and bumped their cash allocations by the most in five years, according to Bank of America’s (BAC) monthly survey of the industry.
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China’s DeepSeek AI assistant becomes top free iPhone app as US tech stocks take a hit
Chinese AI assistant DeepSeek has become the top rated free app on Apple's App Store in the US and elsewhere, beating out ChatGPT and other rivals. It's powered by the open-source DeepSeek V [...]
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Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
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