NVIDIA stock slides as AI-related capex faces questions post China’s DeepSeek launch
DeepSeek R1 is a large-language model that is seen as rival to ChatGPT and Meta while using a fraction of their budgets.
Daily Maverick47m
Asia equities slide with US stock futures on China’s AI push; dollar firms
In currencies, the dollar jumped 0.3% against the Chinese yuan in offshore trading, and rallied 0.4% versus the Aussie AUD and 0.5% versus the New Zealand dollar, with the antipodean currencies ...
Nasdaq Futures slump as China’s DeepSeek sparks US tech concern
US stock index futures tumbled in early Asian trading hours Monday amid concerns that an artificial intelligence model from ...