More AI competition will make it hard for Big Tech to generate the oligopoly-like profit margins that investors hope for.
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
While tech stocks have taken a hit from the DeepSeek-related news, uranium stocks are experiencing a much steeper decline, ...
AI leader Nvidia sank 17%, and it erased about $593 billion in stock market value, the deepest ever one-day loss for a ...
This led the tech-heavy Nasdaq to fall 3.1% on Monday. Nvidia was the Nasdaq's biggest drag, with its shares tumbling just ...
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on ...
The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of ...
The tech sector accounted for 85 per cent of the losses, as wealth tied to artificial intelligence (AI) faced a steep ...
U.S. tech stocks, including Nvidia, Oracle and Google, plummeted Monday after Chinese startup DeepSeek said it created an AI ...
I warn of overvalued tech stocks due to speculative trading and rise of Chinese AI firms. Click for this updated look at ...
As of this morning, DeepSeek had overtaken ChatGPT as the top free application on Apple’s mobile-app store in the U.S.