Stock Market Today: Tech stocks crash, Nvidia tumbles on China AI threat
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
Nvidia Stock Is Down More Than 10%. Here's Why.
Investors are worried about the rapid success of China's DeepSeek. It has developed low-cost AI models that don't require the ...
Nvidia, Microsoft shares tumble as China-based AI app DeepSeek hammers tech giants
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Why DeepSeek Is Sinking Nvidia Stock?
According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and ...
China Stock Market May Run Out Of Steam On Monday
The China stock market has finished higher in two straight sessions, improving almost 40 points or 1.2 percent along the way. The ...
China's fossil-fuelled power output may fall in 2025 for first time in decade
China's mostly coal-based thermal power generation is set to fall in 2025 for the first time in a decade, some analysts ...
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Some China Stocks Are Rising on AI Optimism. Japan, Europe Indexes Fall.
The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is spearheading stock losses across the globe on Monday. Not even China was ...