Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence ...
Wall Street started the week in a cold sweat thanks to DeepSeek, an obscure Chinese A.I. lab that just dropped a bombshell: a lightning-fast, budget-friendly large language model that’s shaking ...
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy ...
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...
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.
The shock to financial markets came from China, where DeepSeek said it had developed a large language model that can compete with U.S. giants but at a fraction of the cost.
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies ...
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
The S&P 500 was down 1.6% in morning trading. Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and ...
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