Semiconductor stocks are under pressure on Monday as Wall Street deciphers the latest news coming out of China around DeepSeek, which is a Chinese AI research lab that released its open-source AI ...
Amid the financial shock waves being sent by the release of DeepSeek's open source artificial intelligence R1 model, ...
Heavy selling swept up shares of publicly traded leveraged funds, particularly those tethered to big tech and the semiconductor industry, after China's DeepSeek startup rattled investors in ...
The Dow briefly turned positive. The blue-chip index rallied to breakeven before dropping back 50 points in Monday morning trading. The S&P 500 was down 1.4%. The Nasdaq Composite was down 2.3%. The D ...
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess ...
Nvidia was down nine percent in pre-market trading, with Meta and Microsoft, which has also made a big bet on AI in recent years, both seeing their shares fall by four percent. Dutch semiconductor ...