The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
It has been widely assumed that the United States was the leader in global artificial intelligence (AI) technology by far.
Stock Futures are diving as DeepSeek AI has sent a chill through markets with Dow, S&P 500, and Nasdaq futures dropping in ...
Nasdaq futures lost 5%, on concern that a cheaper artificial intelligence model from China threatens the dominance of US ...
US technology stocks declined as Chinese AI startup DeepSeek questioned America’s industry leadership. This resulted in a ...
The selloff in the stocks of Nvidia, Microsoft and Amazon on the back of worries over competition from China-based DeepSeek's AI assistant is accounting for most of early selloff in Dow futures.
How bad is the pain among technology shares Monday? Well, the futures tied to the tech-heavy Nasdaq 100 were down 4.5% before ...
Nvidia shares and other US tech giants tumbled on Monday as Chinese artificial intelligence (AI) startup Deepseek disrupted ...