American stocks crashed on Monday as focus shifted to the upcoming Federal Reserve interest rate decision and as concerns about DeepSeek’s success. Futures tied to the Dow Jones index fell by over 1%,
For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors. The Nasdaq 100 Index rose 92% from the start of 2023, adding more than $14 trillion in value and minting billions for a handful of tech executives and founders.
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.
U.S. tech stocks, including Nvidia, Oracle and Google, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at much lower costs.
DeepSeek’s recent success presents a visible challenge to costlier models like OpenAI and raising questions over the hundreds of billions in planned spending on the technology.
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.
Nasdaq 100 Technology Sector Index has crashed -3.5 per cent during the opening trade on Monday, January 27. The index was trading at 10,629.22 around 8:22 PM IST. Tech companies stocks have fallen sharply over the fear of new LLM model being released by Chinese firm DeepSeek.
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
ETFs that help investors minimize the heft of Big Tech stocks, or altogether avoid seven closely watched megacap companies, have outperformed in the past month.
While the durability component is fine, when it comes to tangible current income streams, things become less attractive. My approach to solve this is to invest in BDCs, REITs and MLPs. Yet, the investable universe here is limited,
Trump’s AI Plan Dazzles, but Musk’s Criticism Clouds Nasdaq Outlook. Key Stocks Will Reveal If It’s Hype or a Breakthrough.
A new quarterly earnings season is now underway in corporate America. Next week, we will hear from some of the "Magnificent Seven" technology companies, which collectively represent almost one-third of the value of the entire S&P 500 (SNPINDEX: ^GSPC).