The sell-off in U.S. tech stocks was immediate and severe, stemming from concerns that DeepSeek, and thus China, has caught up with American companies at the forefront of generative AI—at a fraction ...
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on ...
Nvidia faced a catastrophic 16.9% drop in its stock price today, its worst day on Wall Street since March 2020. The sell-off was caused by Chinese AI company ...
A surprisingly efficient and powerful Chinese AI model has taken the technology industry by storm. It's called Deepseek R1, ...
A week after the inauguration, the Chinese AI startup DeepSeek wiped billions from the fortunes of some of America's ...
U.S. tech stocks, including Nvidia, Oracle and Google, plummeted Monday after Chinese startup DeepSeek said it created an AI ...
Artificial intelligence (AI) was the driving force behind many of the stock market's biggest winners in 2024. As big tech ...
Shares of technology companies plunged as an apparent AI breakthrough in China caused a rout in mega-cap U.S. companies, amid fears of rising competition and overspending on U.S. tech infrastructure.
Some "value sectors" may outperform this year, said Gordon. As long as the labor market and economy remain strong, that "creates solid ground for value to catch back up to growth," he said, after ...
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
Dow Jones Futures: AI stock leaders Nvidia, Broadcom and Astera Labs all crashed on DeepSeek fears Monday. Buffett is sending ...