American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.
US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete ...
Traders and investors on Wall Street watched markets move up on Tuesday in hopes of a recovery after Monday's tech-led ...
Investing.com - Nasdaq futures inched up on Tuesday, after a steep sell-off in technology stocks in the prior session that stemmed from concerns over the impact of the success of Chinese firm DeepSeek ...
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...
Traders and investors watched Wall Street close out the start of the week in a mixed fashion as the tech focused Nasdaq Composite (COMP:IND) headlined the day lower as China's DeepSeek app gained ...
The app, DeepSeek, beat out ChatGPT from U.S.-based OpenAI. The startup has seen a rise in popularity since its release earlier this month, especially after launching a free assistant last week. The ...
The S&P 500 and the Nasdaq fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese ...
DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past ...