MONEY MASTER

Aggressive Price Cuts Shake AI Industry Chinese AI startup DeepSeek has announced steep discounts of up to 75% on its AI model usage during off-peak hours , according to an update on its website. The  move is expected to pressure global AI leaders like OpenAI and Google  to further lower their prices. Key Pricing Details Off-peak hours (1630 GMT – 0030 GMT)  will see: 75% reduction in API costs for DeepSeek’s R1 model 50% reduction for the V3 model While these hours are considered “off-peak” in Beijing (0030 – 0830 local time), they  coincide with peak daytime hours in the U.S. and Europe , potentially intensifying competition. Market Impact & Competitive Pressure DeepSeek’s rapid expansion and aggressive pricing strategy have already disrupted global AI markets , contributing to last month’s tech stock selloff. OpenAI and Google have responded by introducing their own price cuts  for their AI offerings. The company is now reportedly  accelerating the l...

US Presidential Elections and Stock Market Impact US presidential elections have a significant impact on stock market performance, following predictable patterns throughout the four phases of the presidential cycle: post-election year, midterm year, pre-election year , and election year . Historically, the pre-election and election years tend to yield the highest returns , while post-election and midterm years often bring more uncertainty and volatility. The following patterns are observed in the stock market: Pre-election and election years : Typically strong performance. Post-election and midterm years : Higher uncertainty, with events such as wars, recessions, and bear markets more likely to occur in the first half of a presidential term. Market Reactions on Election Days On election day , the S&P 500 shows an average positive return of 0.92% , driven by market optimism. However, the day after the election, the S&P 500 typically posts an average negative return of -...