AI

Tesla could benefit from increased demand for AI, particularly in the field of embodied AI, as advancements in the industry heighten concerns over US tech competition.

Published on: January 28, 2025, 12:04 PM UTC

AI-powered chatbots challenge US tech dominance, sending power stocks tumbling. Despite analysts' optimism, DeepSeek's advances raise questions about AI spending and market leadership.

Published on: January 28, 2025, 12:03 PM UTC

Tesla stock may benefit from renewed AI focus as DeepSeek R1 reportedly beats ChatGPT, sparking tech rout amid concerns for US tech firms.

Published on: January 28, 2025, 11:03 AM UTC

Tech stocks plummeted on Monday due to growing concerns about US artificial intelligence (AI) dominance and the rise of Chinese AI startup DeepSeek. The Nasdaq Composite (^IXIC) sank over 3%, while the S&P 500 (^GSPC) dropped nearly 1.5%. AI bellwether Nvidia (NVDA) plunged nearly 17%, wiping out a record $589 billion in market value. DeepSeek's AI model reportedly uses cheaper chips and less data than leading models, leading investors to question the future of AI demand-driven growth. Other tech giants, including Apple (AAPL), Meta (META), and Microsoft (MSFT), also faced losses. The Federal Reserve's upcoming policy meeting and President Trump's trade war concerns added pressure to the market. However, defensive stocks gained, including Johnson & Johnson (JNJ) and Procter & Gamble (PG), helping to soften the blow to the Dow Jones Industrial Average (^DJI) which ended the day with a modest gain.

Published on: January 28, 2025, 11:02 AM UTC

AI-Powered Tech Sell-off Hammers Power Stocks, CEG Drops 20.85% as DeepSeek Raises AI Spending Concerns

Published on: January 28, 2025, 11:02 AM UTC

Chinese AI upstart DeepSeek challenges US dominance, sending tech stocks tumbling. DeepSeek's cheaper model raises questions about AI spending and US tech supremacy.

Published on: January 28, 2025, 10:04 AM UTC

As new AI developments from Chinese startup DeepSeek spark concerns over the threat to US tech firms, Tesla may benefit from the renewed market focus on AI and embodied AI, which could power its self-driving vehicles and Optimus robot.

Published on: January 28, 2025, 10:03 AM UTC

The Nasdaq plunged on Monday as a Chinese startup shook faith in US leadership and profitability in AI, hammering Nvidia (NVDA) and wiping out a record $589 billion in market value. The Nasdaq Composite (^IXIC) sank more than 3%, while the S&P 500 (^GSPC) dropped nearly 1.5%. The blue-chip Dow Jones Industrial Average (^DJI), less dependent on tech stocks, gained more than 0.6% as investors sought shelter in defensive sectors.

Published on: January 28, 2025, 10:02 AM UTC

AI-powered stocks plummeted Monday as Chinese start-up DeepSeek's advancements raised concerns about US companies' AI spending. CEG plunged 21%, VST sank 28%, and GEV declined by 21%. However, analysts are pushing back against the market's reaction, arguing that DeepSeek's technology is not a "doomsday" scenario for AI infrastructure.

Published on: January 28, 2025, 10:02 AM UTC

Investors are looking to Tesla (TSLA) as AI advancements like DeepSeek's R1 reasoning model heighten competition and focus on embodied AI, which could boost Tesla's self-driving and Optimus robot initiatives.

Published on: January 28, 2025, 09:03 AM UTC