Premarket trading implied steep declines for U.S. markets, with the pain concentrated at companies at the forefront of the ...
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts ...
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
The rout extended well beyond traditional tech names. Siemens Energy, which supplies electrical hardware for AI infrastructure, plunged 22 per cent. Schneider Electric, a French maker of electrical ...
Futures tied to Canada's main stock index fell on Monday, joining the global market rout, as investor confidence in ...
The tech-heavy Nasdaq saw futures contracts slide after China's DeepSeek launched its latest model, which runs on far cheaper ...
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the ...