Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
Global investors offloaded tech stocks after the launch of DeepSeek, a low-cost Chinese AI model, causing Nvidia to lose a record $593 billion in market value. DeepSeek has surpassed ChatGPT in ...
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold technology stocks across ...
Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed ...
Tech stocks tanked Monday as a Chinese competitor threatens to upend the AI frenzy; Nvidia sank nearly 17%. The post appeared ...
The Dow Jones Industrial Average rose 289 points, or 0.7%, and the majority of U.S. stocks climbed. But anyone holding an S&P 500 index fund, which are found in many 401(k) accounts, felt the pain ...
This story incorporates reporting fromThe Daily Gazette, techxplore and NBC Los Angeles.Nvidia, the leading American ...
Nvidia shares fell by 10% before the session, and the Nasdaq technology index lost 3.5% after the Chinese company DeepSeek released a new AI model. This caused investor concerns about high valuations ...
Nvidia (NASDAQ:NVDA) saw $589B in market cap erased on Monday as the Jensen Huang-led company led tech stocks lower following ...
How bad is the pain among technology shares Monday? Well, the futures tied to the tech-heavy Nasdaq 100 were down 4.5% before ...