Morgan Stanley analysts were surprised by the response to DeepSeek's launch, a development that underscores the intense competition from China's crucial AI sector. Despite dismissing the knee-jerk reaction of markets on Monday,
US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock markets.
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall. The blue-chip Dow rose.
There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing next-generation large language models (LLMs) actually lead to an earnings boost? And when will such a boost be on the horizon?
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
Tech stocks tumbled on Monday as advances by Chinese artificial intelligence (AI) start-up, the Hangzhou DeepSeek Artificial Intelligence Co., Ltd.’s DeepSeek, cast doubt on whether the United States could sustain its leadership in AI by spending billions of dollars on chips.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI spending will stall.
Even as DeepSeek has rattled the US tech industry with its R1 artificial intelligence (AI) model, the Chinese economy continues to perform poorly amid slowing manufacturing sector
Chipmakers and other AI-connected industries saw stocks drop Monday amid concerns over advancements by DeepSeek
The major indexes rose toward record highs Thursday. Apple stock flashed a buy signal late on earnings while Deckers, Atlassian diverged.