Money Blog: Beat Yorkshire is the best in the UK. Money News

JESS SHARP, Money Blogger

Investors have questioned whether TECH stocks are justified this week after DEEPSEEK, a cheap AI competitor, waves in the market.

Chipmaker NVIDIA, one of the most valuable technology stocks to own, has the biggest decline in the history of the US stock market when almost $ 60 billion disappears from the market value.

The meta platform, Microsoft and Alphabet all saw stocks under pressure. Market analysts estimate that 1TRN lost $ 1,200 in US technology stocks.

Deepseek has declined due to the fact that it has launched an AI chatbot model for part of a larger rivality cost.

Our business and economic correspondent Paul Kelso explored how DEEPSEEK's success had affected.

At home, Prime Minister Rachel Reeves announced that the British data center had planned to be built faster to support AI development.

Wednesday, her speech also saw her confirming the expansion at the Oxford-Cambridge Correline Oxford-Cambridge Corridor, the nine new reservoirs nationwide.

This big announcement was part of the plan to “fight” for economic growth, following the backlash received for the October budget measures.

Our data and economic editor ED Conway was in her speech and asked a very important question about the plan …

Ahead of next week, investors started the price on Thursday with an opportunity to cut interest rates in the UK.

Analysts are convinced that 90%will decrease from 4.75%, and many people expect to decrease to 4.5%.

They also increased the bet on the number of times the bank would cut interest rates this year, and set the price entirely with three reductions of 0.25%.

We are signing for a week. But do not forget to check the reading on Saturday at 8 am.

This week, we are exploring how much cost and life to live on a canal boat …

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