US stocks dropped sharply Monday morning after a surprise advancement from a Chinese artificial intelligence company, ...
Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, ...
To Mark Malek, chief investment officer at Siebert, the knee-jerk reaction in the market presents a buying opportunity. While it’s possible that DeepSeek did find and create a cheaper, more efficient ...
DeepSeek, a Chinese startup, has released a free AI assistant that rivals OpenAI's ChatGPT in quality and was reportedly produced for a fraction of the price, throwing the tech industry into a ...
(CNN) — A surprisingly efficient and powerful Chinese AI model has taken the technology industry by storm. It’s called Deepseek R1, and it’s rattling nerves on Wall Street.
The tech-heavy Nasdaq Composite ( ^IXIC) sank nearly 3%, while the S&P 500 ( ^GSPC) tumbled 1.7%. The Dow Jones Industrial ...