AI

AI advancements challenge US power stocks as DeepSeek raises concerns about tech dominance. Constellation Energy (CEG) tumbled 21%, Vistra Corp (VST) sank 28%, and GE Vernova (GEV) declined 21%.

Published on: January 28, 2025, 04:02 AM UTC

The Nasdaq sank on Monday as a Chinese startup's AI model raised concerns about US dominance and profitability in the sector. The tech sector rout led by Nvidia's record-breaking $589 billion market value loss dragged down broader markets, but the Dow Jones Industrial Average gained as investors sought defensive assets. DeepSeek's claims about its AI model's efficiency sparked questions about the future of AI demand-driven growth, while Big Tech earnings and the Federal Reserve's policy meeting are in focus this week.

Published on: January 28, 2025, 03:02 AM UTC

AI-exposed power stocks plunge as DeepSeek's advances raise spending concerns. CEG down 20.85%, VST 28.27%, GEV 21%, OKLO 25.61%. Analysts remain optimistic about AI infrastructure's long-term growth despite the market reaction.

Published on: January 28, 2025, 03:01 AM UTC

Tech stocks plunge as China's DeepSeek AI model raises fears of US tech dominance erosion, sparking a sell-off in Nvidia, Broadcom, and Microsoft.

Published on: January 28, 2025, 02:00 AM UTC

DeepSeek's AI advancements raise questions about global competition and national security, potentially benefiting Tesla's embodied AI development and electric vehicle market position.

Published on: January 28, 2025, 01:02 AM UTC

The Nasdaq and S&P 500 sank Monday as Chinese startup DeepSeek's AI assistant challenges US dominance and profitability in AI, wiping out a record $589 billion in Nvidia's market value.

Published on: January 28, 2025, 01:02 AM UTC

AI's rise challenges US power stocks as DeepSeek's advancements raise questions about spending and market dominance. Constellation Energy, Vistra Corp, and GE Vernova decline sharply amid concerns over AI competition.

Published on: January 28, 2025, 01:01 AM UTC

DeepSeek R1, a fierce ChatGPT competitor from China, has stunned the tech world with its AI advancement. The model's impressive performance at a fraction of the cost has raised concerns about US tech giants' pricing power and fueled a rethink of AI spending strategies.

Published on: January 28, 2025, 01:01 AM UTC

Australian AI stocks plummet as DeepSeek's budget-friendly model threatens market leaders, leading to concerns over reduced infrastructure spending.

Published on: January 28, 2025, 01:00 AM UTC

Chinese AI model DeepSeek challenges US tech dominance with lower costs and impressive performance, sending shockwaves through Wall Street and raising concerns about American innovation.

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