Tech Stocks Upended by China’s DeepSeek
Welcome to TOPLive. Wall Street had a rough start to the week on concern that a cheaper artificial intelligence-model from Chinese startup DeepSeek could threaten the dominance of US technology, spurring a selloff in stocks and a flight to haven assets. Join us for live news and analysis.
38mon MSN
Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy ...
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
U.S. tech stocks plunged on Monday, amid a wider market selloff. The culprit: DeepSeek, a Chinese artificial intelligence company that last week introduced a new — and low-cost — model into the ...
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess ...
Monday’s more than $500 billion loss for Nvidia followed panic surrounding DeepSeek’s AI model running on far less of ...
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies ...
The tech-heavy Nasdaq Composite ( ^IXIC) sank nearly 3%, while the S&P 500 ( ^GSPC) tumbled 1.7%. The Dow Jones Industrial ...
2hon MSN
The selloff stems from weekend panic over last week’s release from the relatively unknown Chinese firm DeepSeek of its ...
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