Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’
Monday’s meltdown was a cold plunge on what had otherwise been a bull market for tech on the belief that AI would usher in a ...
OpenAI’s Sam Altman calls DeepSeek model ‘impressive’
OpenAI CEO and co-founder Sam Altman called Chinese artificial intelligence startup DeepSeek “impressive,” while shrugging ...
Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium ...
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DeepSeek sends Washington, Wall Street and Silicon Valley into frenzy
A Chinese tech startup has put Wall Street, Silicon Valley and Washington into a frenzy this week with innovations in ...
How DeepSeek’s AI Stacks Up Against OpenAI’s Model
It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against ...
Why DeepSeek's AI Model Has Wall Street Bullish on Software Stocks
Chinese startup DeepSeek’s super-efficient open-source AI model may have sunk some of Wall Street’s favorite AI stocks on Monday, but it may have also crowned some new favorites.
Microsoft Q2 Earnings Preview: Street 'Too Optimistic' On Near-Term AI Returns?
Microsoft is set to report its second-quarter financial results on Wednesday after the closing bell. Wall Street and investors will be watching closely as recent developments with DeepSeek and ...
DeepSeek just blew up the AI industry’s narrative that it needs more money and power
The Chinese company’s large language model is basically a cheaper, more efficient ChatGPT, built on a fraction of OpenAI’s ...
The DeepSeek Winners and Losers
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied.
Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set ...
OpenAI boss Sam Altman praises Chinese rival DeepSeek's R1 model as 'impressive'
Nvidia saw a record one-day loss of $593 billion in market value - the largest single-day loss for any company in history.
Wall Street’s trillion-dollar wipeout sets off alarm bells
A Chinese start-up that didn’t exist 18 months ago just triggered a meltdown that shows just how vulnerable Wall Street is.