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USA Stocks - Tech stocks fall sharply as China’s DeepSeek sows doubts about AI spending
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per ...
DeepSeek shakes up stocks as traders fear for US tech leadership; Nasdaq Futures slump 3%
Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance.Buzz grew over the weekend about DeepSeek’s latest AI ...
Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the Soviet satellite launch that sparked the Cold War space race. Scale AI’s Wang ...
Is DeepSeek the next Black Swan event for the global stock market?
DeepSeek has introduced a new generation of AI models that directly compete with the ones developed by established US companies.
Asia equities slide with US stock futures on China's AI push; dollar firms
U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free, open-source artificial intelligence model to ...