A Chinese startup's promise of cheaper AI has rattled faith in the growth prospects for tech stocks.
Shares of U.S. power, utility and natural gas companies sold off on Monday in some of the biggest recorded one-day drops, as new AI technology from
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall. The blue-chip Dow rose.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
(Bloomberg) -- Gold held a decline as traders weighed President Donald Trump’s latest tariff threats, while a cloud lingered over stock markets due to a
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the
(Bloomberg) -- US gas producers could gain Asian market share at the expense of Australian exporters in the long run, as countries running a trade
DeepSeek is fueling a sell-off in one of the market's best-performing sectors last year: nuclear energy.
