Stocks Open Sharply Lower. DeepSeek Sends Tech Stocks Plummeting.
A Chinese artificial intelligence start-up sent the stock market into a tailspin on Monday. The Nasdaq Composite sank 3.6% shortly after the market opened. The S&P 500 dropped 2.1%. The Dow Jones ...
DeepSeek AI Fallout Spreads to Manufacturing Stocks
Shares of Eaton, Schneider Electric, Trane, Amphenol, and others are all selling off after Chinese AI app DeepSeek spooked ...
DeepSeek revelation likely adds, not detracts to AI compute boom
The advent of the DeepSeek V3 large language model has prompted a mild panic among investors, causing stocks related to powering artificial intelligence to plunge as the trading week prepares to kick ...
Should you rush to buy the dip on Nvidia and other chip stocks? 'Probably not,' this analyst says
Should you buy the dip on Nvidia Corp. and other sliding artificial-intelligence stocks? "Probably not," wrote Mizuho desk-based analyst Jordan Klein. But should you sell alongside the panic? Also no, ...
US Stock Market LIVE: Nasdaq plunges 5%, Nvidia stock cracks over 7% on DeepSeek fear
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
As DeepSeek fears mount, here's how much the tech giants have already spent
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...
Nvidia, chip stocks plummet amid market sell-off as DeepSeek prompts questions over AI spending
Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks and the broader AI investment thesis early Monday.
DeepSeek story is bad news for Nvidia and the microchip makers. It may be worse for these stocks.
Not everyone is convinced. Atif Malik, a Citi analyst, was among a number of skeptics questioning DeepSeek's thriftiness. What is real is that DeepSeek is charging end users significantly less - 14 ...
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Super Micro, Dell stocks tumble on DeepSeek AI model concerns
DeepSeek's announcement of its new AI model has sparked fears within the AI industry, as the model is said to be capable of competing with leading products from OpenAI and Meta Platforms (NASDAQ: META ...
Does DeepSeek spell doomsday for Nvidia and other AI stocks? Here’s what to know.
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
Stocks Sink as Investors Worry About China’s A.I. Advances
Premarket trading implied steep declines for U.S. markets, with the pain concentrated at companies at the forefront of the ...
DeepSeek buzz puts tech stocks on track for $1.2 trillion drop
DeepSeek’s recent success presents a visible challenge to costlier models like OpenAI and raising questions over the hundreds of billions in planned spending on the technology.