The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall ...
U.S. stocks ended mostly lower on Monday, as attention on Chinese startup DeepSeek raised the prospect of cheaper AI development, sparking a tech selloff. The Dow Jones Industrial Average ended Monday ...
Jensen Huang still owns a hugely valuable stake in Nvidia Corp., but the chief executive's position is worth $20.7 billion less after Monday's sharp selloff. Huang's stake is now worth $101.9 billion, ...
DeepSeek resulted in Nvidia shares tumbling as much as 18 per cent, which is the biggest drop since March 2020.
After China's DeepSeek prompts AI rethink, Nvidia stock slides. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less ...
Venture capitalist Marc Andreessen called DeepSeek the America AI industry's "Sputnik moment," analogizing its release to the Soviet Union's successful 1957 launch of the first artificial Earth ...
Investors holding popular leveraged exchange-traded funds that amplify exposure to Nvidia shares faced their worst loss on ...
HONG KONG/NEW YORK -- Shares in Nvidia plunged 17% on Monday to wipe out nearly $600 billion in market cap, the biggest single-day loss in U.S. history, in a broad tech sell-off after China's DeepSeek ...
Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
How bad is the pain among technology shares Monday? Well, the futures tied to the tech-heavy Nasdaq 100 were down 4.5% before ...