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Wall Street defiant
Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’
The release of Chinese AI model DeepSeek led to a stock market rout for U.S. tech firms on Monday. However, Wall Street believes the industry will bounce back. When Chinese startup DeepSeek released its latest AI model DeepSeek-R1 last week,
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 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
DeepSeek, AI
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.
What is DeepSeek, the Chinese AI startup that shook the tech world?
DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.
DeepSeek hit by cyberattack as users flock to Chinese AI startup
Chinese startup DeepSeek said on Monday it will temporarily limit registrations due to a cyberattack after the company's AI assistant amassed sudden popularity. The startup earlier in the day was also hit by outages on its website after its AI assistant became the top-rated free application available on Apple's App Store in the United States.
Hosted on MSN
11h
This Stock Just Announced a Deal With OpenAI. Could It Be an Unexpected Buy?
Wall Street was rattled by the debut of DeepSeek, a Chinese artificial intelligence (AI) startup, which triggered a major ...
14h
on MSN
OpenAI’s Sam Altman calls DeepSeek model ‘impressive’
OpenAI CEO and co-founder Sam Altman called Chinese artificial intelligence startup DeepSeek “impressive,” while shrugging ...
7h
DeepSeek sends Washington, Wall Street and Silicon Valley into frenzy
A Chinese tech startup has put Wall Street, Silicon Valley and Washington into a frenzy this week with innovations in ...
6d
on MSN
OpenAI’s Stargate Deal Heralds Shift Away From Microsoft
The partnership that launched the AI boom has been strained by disagreements over computing resources.
9h
What Wall Street is saying about Microsoft ahead of earnings
Microsoft (MSFT) is scheduled to report results of the second quarter of its fiscal year 2025 after the market close on Wednesday, January 29, ...
1d
on MSN
What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley
Wall Street and Silicon Valley were in a tailspin on Monday due to the stunning rise of DeepSeek – a Chinese artificial ...
1d
Time to 'panic' or 'overblown'? Wall Street weighs how DeepSeek could shake up the AI trade
AI stocks fell across the board as the investment community absorbed news of a potentially more cost-effective Chinese AI ...
1d
DeepSeek is making Wall Street nervous about the AI spending boom: Here’s what we know
If the most sought-after AI chips aren't as vital as previously thought, an entire ecosystem built around massive AI investment could be in jeopardy.
9h
Microsoft Q2 Earnings Preview: Street 'Too Optimistic' On Near-Term AI Returns?
Microsoft is set to report its second-quarter financial results on Wednesday after the closing bell. Wall Street and investors will be watching closely as recent developments with DeepSeek and ...
6h
on MSN
DeepSeek just blew up the AI industry’s narrative that it needs more money and power
The Chinese company’s large language model is basically a cheaper, more efficient ChatGPT, built on a fraction of OpenAI’s ...
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