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%,
The latest AI model of DeepSeek, released last week, is widely seen as competitive with those of OpenAI and Meta Platforms Inc. The open-sourced product was founded by quant fund chief Liang Wenfeng and is now at the top of Apple Inc.’s App Store rankings.
Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.
Large technology firms paced declines, with Advantest Corp. sliding as much as 11% in Tokyo and SoftBank Group Corp. slumping 6%.
A rally in big tech fueled by optimism over artificial intelligence and a batch of earnings from corporate heavyweights sent stocks to the brink of their all-time highs.Most Read from BloombergTexas H
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
U.S. President Trump speaks in the White House, flanked by Masayoshi Son (2L), chairman and CEO of SoftBank Group Corp.; Larry Ellison (2R), chief technology officer, Oracle; and Sam Altman (R ...
More Bonds of SoftBank Group Corp. Moody’s Daily Credit Risk Score About the SoftBank Group Corp.-Bond (XS1684384867) The SoftBank Group Corp.-Bond has a maturity date of 9/19/2027 and offers a ...
A selloff was triggered after a cheap AI model from Chinese startup DeepSeek climbed to the top of Apple’s appstore, sparking concerns that valuations of the technology may be tough to justify. Japanese stocks fell,
Most Asian shares dropped following a bruising session on Wall Street caused by fears the valuation of artificial-intelligence companies had become excessive.
Asian stocks fell as traders braced for a turbulent Tuesday, following a bruising session on Wall Street as cracks appeared in the artificial intelligence sector powering the bull market.
US stock market: Following concern over Chinese Air Intelligence (AI) start-up DeepSeek, NVIDIA share price witnessed sharp selling on Monday. The US stock market's tech major, NVIDIA stock price, opened lower at $124.80 apiece on the NASDAQ and touched an intraday low of $116.70 per share.