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Stocks Today - European shares hit record high as ASML lifts tech stocks after robust earnings
European shares climbed a record high on Wednesday, as chip equipment maker ASML led technology stocks higher after reporting strong quarterly results. The pan-European STOXX 600 was up 0.5%, as of 0810 GMT,
DeepSeek: Tech firm suffers biggest drop in US stock market history as low-cost Chinese AI company bites Silicon Valley
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
Trump issues warning about Chinese AI startup DeepSeek to US tech titans after cheaper breakthrough rattled stock markets
Trump argued DeepSeek could be a 'positive' for US tech giants, adding: 'instead of spending billions and billions, you'll spend less, and you'll come up with hopefully the same solution.'
FTSE 100 and US stocks higher as DeepSeek concern continues
European and US markets were in positive territory as investors continue to digest the potential impact of DeepSeek.