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 for their worst day since the last US Federal Reserve policy verdict roiled
Stock market today: Wall Street finishes its best week since Trump’s election with a rally
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Stock market today: Asian markets are mixed after Wall Street edges back from its record
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of
DeepSeek turns tech, Wall Street upside down
Monday's selloff was the result of a free AI assistant launched by Chinese startup DeepSeek, which had claimed that its models use less data at a fraction of the cost of services currently available. Even though there was scepticism over DeepSeek's cost claims, OpenAI CEO Sam Altman called it an "impressive model".
Stock market today: Wall Street hangs near its record as it heads for 2nd straight winning week
NEW YORK (AP) — U.S. stocks are drifting around a record on Friday as they head for the close of a second straight winning week.
Stock market today: Wall Street hangs near its record
U.S. stocks are hanging near a record as they head for the close of a second straight winning week. The S&P 500 was flat in early trading Friday, a day
Chinese AI wave hits Wall Street: Nvidia loses $500 billion as DeepSeek shakes US tech market
In a dramatic turn of events, Nvidia, the world's most valuable artificial intelligence (AI) company, on Monday (January 27) saw its market value plummet by over $500 billion. The downturn followed the emergence of a low-cost generative AI model by DeepSeek,
Rough start for Wall Street: Nvidia sees record $589 billion loss as China AI app DeepSeek stuns US markets
Chipmaker Nvidia endured a 17 per cent plunge, which erased $589 from its value, the largest in market history.
Japan and Aussie stocks rise after Wall Street declines overnight; most Asia markets closed for holiday
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
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Asian markets track Wall St bounce as Fed decision looms
Asian markets rose in holiday-thinned trade Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia ...
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Tokyo stocks open higher on Wall St. gains, focus on BOJ decision
Tokyo stocks opened higher Friday after an overnight rise on Wall Street, but gains were limited as investors were cautious ...
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Tokyo stocks open flat on Wall St. losses, firm chip issues
Tokyo stocks opened flat Thursday, as selling after Wall Street losses overnight was offset by buying of semiconductor-related issues. In the first 15 minutes of trading, the 225-issue Nikkei Stock ...