Stock Bulls Get AI Wake-Up Call in Bruising Plunge: Markets Wrap
(Bloomberg) -- Wall Street had a rough start to the week on concern that a cheap artificial intelligence-model from Chinese startup DeepSeek could make valuations of the technology that has powered ...
Stock market today: Nasdaq clobbered, Nvidia sinks 17% while Dow stages comeback as AI fears shake markets
The Nasdaq tanked on Monday as a Chinese startup rattled faith in US leadership and profitability in AI, taking a hammer to Nvidia ( NVDA ), wiping out a record $589 billion in market value. Th...
DeepSeek is making Wall Street nervous about the AI spending boom: Here’s what we know
The AI frenzy that has reshaped the tech world and commanded the attention of Wall Street took an anxious turn Monday after a Chinese upstart burst onto the scene , dazzling early users and sparki...