Japan's tech stock selloff deepens as DeepSeek triggers AI rethink
Japanese technology shares declined due to the global market impact of a new, low-cost Chinese AI model by DeepSeek. Nvidia and other tech companies saw significant losses as investors reevaluated the high valuations and dominance of current AI leaders in light of this new competition.
Tech stock selloff deepens as DeepSeek triggers AI rethink
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
China's DeepSeek AI model shocks the world: Should you sell your Nvidia stock?
Oil prices hold near two-week low as weak China data adds to demand concerns
China's crude oil demand is also expected to be hit by the latest U.S. sanctions on Russian oil trade. FGE analysts see refineries in Shandong losing up to 1 million barrels per day of crude supply in the near-term amid a ban imposed by the Shandong Port Group on U.S.-sanctioned tankers.
Nvidia Reels After China’s A.I. Breakthrough
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.
FTSE rebounds to edge higher amid strong consumer stocks
The biggest risers on the FTSE 100 were British American Tobacco, up 142p to 3,150p, ConvaTec, up 9p to 248.4p, GSK, up 45.5p to 1,402p, Airtel Africa, up 3.3p to 129.3p, and Unilever, up 99p to 4,643p.
London close: Stocks mixed as investors look to Fed
London stocks ended Monday with a mixed performance as investors braced for a week dominated by key interest rate decisions and major corporate earnings.
FTSE 100 flat and Nasdaq more than 3% lower as DeepSeek's AI model roils tech
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got hammered.
Jensen Huang Mania Mirrors Taylor Swift: People Are Camping Outside Retailers For Nvidia 5000 Series GPUs
People are camping out in the cold to be the first to buy new Nvidia 5000 Series GPUs. A look at how Nvidia is entering Taylor Swift territory.
China's cheap AI start-up DeepSeek triggers $1trillion market meltdown
DeepSeek (logo pictured) sent shockwaves through Silicon Valley last week as it launched a new AI assistant. Now, shares in existing AI players are tumbling as $1trillion is wiped from the market.
Siemens Energy down 19% as European stocks sell off amid AI concerns
European markets were in negative territory on Monday as investors in the region reacted to a potential AI breakthrough out of China.
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Nasdaq Futures Slump on AI Threat as ASML Falls 9%: Markets Wrap
Global equities retreated as Chinese artificial intelligence startup DeepSeek threatened to disrupt US firms’ artificial intelligence dominance.
Japan chip stocks fall as DeepSeek's challenge to U.S. AI dominance raises worries for Asian tech firms
Japan’s chip-related stocks fall as DeepSeek gained momentum, raising concerns about a challenge to America’s global leadership in artificial intelligence.