Jan 27, 2025 | Markets
Largest cryptocurrency pares losses after dip below $100,000 Market had muted reaction to pro-crypto Trump executive order Bitcoin and other cryptocurrencies tumbled, following technology stocks lower, as the emergence of a new Chinese artificial-intelligence model...
Jan 27, 2025 | Markets
DeepSeek’s entry a ‘big surprise’ to some, says Thematics AM Market is overreacting, says Optigestion fund manager Domont The arrival of China’s DeepSeek is fanning concerns among investors over whether US tech stocks deserve their rich valuations. The drop of more...
Jan 27, 2025 | Markets
Vistra, Constellation sink as DeepSeek AI model shakes market Stocks were buoyed last week by Trump’s Stargate announcement A selloff in global technology stocks is causing shockwaves beyond chipmakers and the Magnificent Seven to companies expected to power the...
Jan 27, 2025 | Markets
DeepSeek model seen as cost-effective on less-advanced chips Technology shares slumped Monday on concerns over valuations Chinese startup DeepSeek has shaken the belief that only a few firms with huge budgets can compete in the artificial intelligence field —...
Jan 27, 2025 | Markets
App’s lower-cost model upends premise for AI spending boom Stocks of chip gear makers ASML and Advantest plunge Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the...
