Nightmare on Wall Street as tech stocks lose $1T over Chinese AI startup DeepSeek
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set for their worst day since the last US Federal Reserve policy verdict roiled
Stock market today: Wall Street edges back from its record
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
Wall Street down in premarket trading: Top tech losers
Wall Street already took a hit Friday following the launch of the Chinese DeepSeek artificial intelligence programme last week
Stock market today: Wall Street steadies itself a day after a sell-off for Nvidia and tech stocks
Nvidia and other U.S. tech stocks are holding a bit steadier after tumbling the day before on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it
Stock market today: Nvidia and other tech stocks win back some of Monday's sharp losses
Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured
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A Chinese tech startup has put Wall Street, Silicon Valley and Washington into a frenzy this week with innovations in ...
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