The S&P 500 and the Nasdaq fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past two years.
The S&P 500 and the Nasdaq opened higher on Tuesday as AI-linked shares recouped some of the previous session's sharp losses and a mixed bag of corporate earnings fueled volatility. The Dow Jones Industrial Average rose 42.
The S&P 500 and the Nasdaq dropped on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
Good morning. US tech futures plunge as a Chinese AI newcomer threatens to shake things up. Donald Trump briefly proposes tariffs on Colombia. And Elon Musk’s Department of Government Efficiency is now hiring.
The tech-heavy Nasdaq slipped 3% Monday afternoon as a perceived threat from Chinese artificial intelligence startup DeepSeek prompted a global sell-off of tech stocks.
The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.
By Shashwat Chauhan and Sukriti Gupta (Reuters) -Futures linked to the tech-heavy Nasdaq tumbled on Monday as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.
Oracle Corporation (NYSE:ORCL), a leading provider of enterprise software and cloud services with a market capitalization of $454 billion, has been making significant strides in the rapidly evolving technology landscape.
Microsoft and Meta report earnings today, with AI investments and cloud growth in focus. Can these tech giants sustain their stock market momentum?