Asian traders were bracing for a turbulent Tuesday, following a bruising session on Wall Street as cracks appeared in the artificial intelligence sector that’s been powering the bull market.
Oil Prices, Treasury Yields. On Monday, the Dow Jones Industrial Average climbed 0.7%, while the S&P 500 sold off 1.5% and ...
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
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.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
A Chinese artificial intelligence start-up sent the stock market into a tailspin on Monday. The Nasdaq Composite sank 3.6% shortly after the market opened. The S&P 500 dropped 2.1%. The Dow Jones ...
Stocks were sharply lower Monday afternoon on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
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 ...
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...
PATRICK T. FALLON/AFP via Getty Images(NEW YORK) — The emergence of China-based AI app DeepSeek sent shares plummeting on ...
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI ...
The same tech companies that have benefitted from the AI frenzy in the past year were getting pummeled before markets even ...