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All of Wall Street was driven to a state of panic to start the week. AI developments had driven a mass trading spree that saw some of the largest companies in the world suffer. However, Apple (AAPL) was one of the few tech stocks safe from the DeepSeek sell-off. That fact is more important to the company than anyone is realizing. The arrival of DeepSeek had proven to be a proverbial wrench in the AI sector. Indeed, the Chinese startup had proven to be as effective as some of the most prominent language model’s in the US, and at a fraction of the cost. However, where Nvidia (NVDA) and Microsoft (MSFT) struggled, the iPhone developer stood firm. Image Source: Markets Insider Also Read: Apple: Billionaires Ditch APPL for One Company Set to Pass it in 2025 Apple Not Harmed by DeepSeek Sell-Off: What it Says About Wall Street and AAPL Just last week, US President Donald Trump said the country would become the “world capital” of AI and crypto when speaking at the World Econo...

Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones. Billionaire investor Stanley Druckenmiller praised Bitcoin (BTC) for establishing a “brand” over last decade and half — admitting while he doesn’t own any Bitcoin, he ought to. The billionaire shared his latest thoughts on Bitcoin in an Oct. 30 interview with hedge fund manager Paul Tudor Jones, where he made comparisons between Bitcoin and gold as a store of value. “I’m 70 years old, I own gold. I was surprised that bitcoin got going, but you know, it’s clear that the young people look at it as a store of value because it’s a lot easier to do stuff with. 17 years, to me, it’s a brand. I like gold because it’s a 5,000-year-old brand.” He added: “So, I like them both. I don’t own any Bitcoin to be frank, but I should.” Stanley Druckenmiller is one of the most successful hedge fund managers on Wall Street and is worth $6,200,000,000. He s...