The S&P 500 and the Nasdaq fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple earnings.
The S&P 500 and the Nasdaq hit over one-week lows on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
The S&P 500 and the Nasdaq opened higher on Tuesday as AI-linked shares recouped some of the previous session's sharp losses and a mixed bag of corporate earnings fueled volatility. The Dow Jones Industrial Average rose 42.
DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past two years.
The S&P 500 and the Nasdaq dropped on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
Good morning. US tech futures plunge as a Chinese AI newcomer threatens to shake things up. Donald Trump briefly proposes tariffs on Colombia. And Elon Musk’s Department of Government Efficiency is now hiring.
The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
Freight Technologies, Inc. (NASDAQ:FRGT), a micro-cap freight logistics company with a market capitalization of $7 million and annual revenue of $17.6 million, has made a significant amendment to its corporate governance structure.
Wilson Howard, the Chief Financial Officer of PagerDuty, Inc. (NYSE:PD), a $1.67 billion market cap company currently trading at $18.45, recently sold 600 shares of the company's common stock. According to InvestingPro analysis,
Chinese AI lab DeepSeek sent a shockwave through the tech sector this week after releasing its R1 large language model (LLM) that was faster, more efficient, and cheaper to train and run than existing models,