Posts with tag: gadgets
Nvidia's stock plummets 16.9% after Chinese AI startup DeepSeek triggers tech sell-off. Analysts say the panic selling may be overdone, citing the potential for increased AI use from more efficient models.
Published on: January 28, 2025, 09:02 AM UTC
Shares in Monte dei Paschi plummeted on Tuesday after Mediobanca's board convened to consider a surprising takeover bid.
Published on: January 28, 2025, 09:00 AM UTC
Taiwan's economy ministry says the semiconductor business between Taiwan and the US is a "win-win" model, responding to tariff threats from US President Donald Trump.
Published on: January 28, 2025, 08:00 AM UTC
US power stocks have been hit hard by the sell-off in tech stocks as advances in AI by Chinese start-up DeepSeek question the spending of US companies in the sector.
Published on: January 28, 2025, 12:02 AM UTC
Big Tech's earnings growth has been the driving force behind the bull market, but recent news about Chinese AI competition has sparked concerns and led to a sell-off in tech stocks. Investors had been expecting high earnings growth from Big Tech companies, but the news about DeepSeek has raised doubts about whether those expectations will be met. As a result, the sell-off in tech stocks has brought investors back to fundamentals and highlighted the importance of considering other factors in totality.
Published on: January 27, 2025, 11:01 PM UTC
Tech stocks plunge after AI startup DeepSeek worries investors. Nvidia (NVDA) leads the decline, falling 16.9%. Analysts say panic-selling is overdone, citing potential benefits of more efficient AI models like DeepSeek.
Published on: January 27, 2025, 10:02 PM UTC
A Chinese AI model called DeepSeek is shaking up the tech world and challenging US dominance. With cheaper chips and less data, it's raising questions about the spending of American tech giants. Its success may undermine the current development process of AI assistants and impact the stock market.
Published on: January 27, 2025, 07:02 PM UTC
Vertiv (VRT) stock plunged 30.65% after the release of a competitive AI model, DeepSeek-R1, raising concerns over market demand for data center infrastructure.
Published on: January 27, 2025, 07:00 PM UTC
Chinese AI startup DeepSeek released a new generative AI model called R1, which is cited as more cost-effective than Western models. This news caused a sell-off in AI stocks, with Nvidia, AMD, and Broadcom all dropping significantly. Analysts are questioning whether the Western world's gargantuan spending on AI infrastructure is necessary.
Published on: January 27, 2025, 05:04 PM UTC
The S&P 500 and Nasdaq plummeted after Chinese AI startup DeepSeek announced a lower-cost large language model, hitting tech shares, AI chipmakers, and power providers. AT&T outperformed with subscriber growth.
Published on: January 27, 2025, 05:00 PM UTC