Nvidia Loses Nearly $600 Billion As China's DeepSeek Jolts Tech Shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 ...
Asian markets fall after China’s DeepSeek spooks Wall Street; Japanese Nikkei lead losses
Concerns over the emergence of a low-cost Chinese generative AI model DeepSeek fuelled selling in tech stocks globally.
Rough start for Wall Street: Nvidia sees record $589 billion loss as China AI app DeepSeek stuns US markets
Chipmaker Nvidia endured a 17 per cent plunge, which erased $589 from its value, the largest in market history.
Japan and Hong Kong markets set for mixed open after AI sell-off drags Wall Street
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year ...
PBS4h
Tech stocks tank as Chinese AI competitor makes its debut
The S&P 500 dropped 1.5 percent, dragged down in large part by a 16.9 percent fall for Nvidia. Other Big Tech stocks also ...
Chip Stocks Tumble After China's DeepSeek Cast Doubts On AI Spending — 2nd Update
Global chip stocks slumped Monday after Chinese artificial-intelligence company DeepSeek said it had developed AI models that nearly matched American rivals despite using inferior chips, raising ...
Tech stocks sink as a Chinese competitor threatens to topple their AI domination; Nvidai drops 11.5%
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...
The Gazette11h
Wall Street sinks as investors weigh China challenge to U.S. dominance in AI. Nvidia tumbles 10%.
A Chinese company called DeepSeek said it had developed a large language model that can compete with U.S. giants at a ...
Week Ahead for FX, Bonds: Fed, ECB Decisions in Focus
An interest-rate decision by the Bank of Canada is due Wednesday, on the same day as the U.S. Fed's decision. A 25 basis-point rate cut is widely expected, although the pace of rate reductions is ...
Stock market today: World shares are mostly lower after Wall Street edged back from its record
World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets ...