April 16, 2025
Mark Sterling

Mark Sterling

Tech Earthquake: Nvidia’s $600 Billion Crash and the Rise of a New Power from the East!

Mark Sterling07 mins

Last week, it saw something quite unexpected, not even the most daring sci-fi writers would commit to paper: one day, Nvidia-king of the AI processors and king of Nasdaq-had lost 600 billion dollars in market value, the single-day stock market crash in the history of this world! And that was just the beginning; AI-related companies, all the way from semiconductor manufacturers to power and infrastructure providers, wiped out more than a trillion dollars combined in value. Prime Suspect: DeepSeek R1 – A Shadowy Rival out of China!This monetary earthquake actually came about from the surprise release of a new kind of AI model called DeepSeek R1 hailing from a previously unknown Chinese startup company. This model doesn’t just compete with…

Read More

Coin Storm: When Trump Creates Waves for Solana!

Mark Sterling03 mins

The heat of the crypto world finally hit Solana, and with a Trump twist! Due to the launch of a new memecoin called “Official Trump” (TRUMP), the price of Solana SOL jumped upwards, moving 15% like it was never to be believed. Solana Up, Ethereum DownSolana surged to $254.71, leaving its users beaming, while Ethereum, its long-time nemesis, faced a 7% drop and looked like it was thinking about what to do next. All this was a result of the marketing blast of Trump’s memecoin on his social media accounts. Now, ahead of his swearing-in, Trump isn’t…

Read More

Devastating Fires Leave L.A. Scrambling for Housing: “Get Me to Newport!”

Mark Sterling05 mins

As two giant fires swept through Los Angeles, thousands of residents took to finding a home to sleep in. It was like the whole city was in some kind of real estate speed-dating round, everyone hurrying to find their next home. “Dirt Bikes, Hollywood Writers, and Chaos in the Palisades”Top luxury realtor Dylan Eckhardt, who counts Justin Bieber and Rihanna among his clients, has received 36 calls in the past 18 hours alone. “It’s utter chaos in the Palisades,” Eckhardt says….

Read More

The Booming U.S. Job Market: A Blessing for the Economy or a Challenge for Households?

Mark Sterling05 mins

The U.S. labor market grew emphatically last month, adding 256,000 jobs and taking down the unemployment rate to 4.1 percent from the anticipated 4.2 percent. While that would be an enticing picture of an economy in health, it puts a damper on households and businesses who could have hoped for quick interest-rate cuts to lower the cost of borrowing for houses, cars, or even appliances. According to the Labor Department, the biggest job gains were notched up in healthcare, at 46,000; retail, at 43,000; and government jobs at the federal, state, and local levels, at 33,000. The unexpected surge underlines the resilience of the labor market, even as interest rates sit significantly higher than pre-pandemic…

Read More