Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
Tag : tech stocks
Crypto liquidations top $483 million as markets react to Fed outlook
Cryptocurrency markets saw $483 million liquidated as economic signals raised doubts about rate cuts, sending Bitcoin down 5% and tech stocks like Nvidia tumbling....
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
OpenAI launched a new ChatGPT search feature, pressuring Google and Bing as tech stocks reacted sharply, with Alphabet and Microsoft shares both declining in the...
Stocks fluctuate as Fed holds rates steady
Federal Reserve's steady rates cause stock market fluctuations amid inflation concerns. Tech sector weakens....
Tech stocks feel the heat from soaring Treasury yields
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with...
Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout...