Nasdaq futures tumble as China's AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.
Nasdaq Futures Plunge on China AI Challenger
Good morning. US tech futures plunge as a Chinese AI newcomer threatens to shake things up. Donald Trump briefly proposes tariffs on Colombia. And Elon Musk’s Department of Government Efficiency is now hiring.
Nasdaq drops 3% as China's DeepSeek AI model hits tech shares
NEW YORK (Reuters) -Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.
China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
Nvidia shares closed down almost 17%, posting its biggest drop since March 2020 and erasing nearly $600 billion from the company's market cap. Broadcom fell 17.4%, and other chip stocks like Micron declined 11.
China's DeepSeek derails Nasdaq, Nvidia, AI darlings
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.
Nasdaq, S&P 500 fall; China's DeepSeek AI model hits tech shares
The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
Stock futures tumble as China's 'Deepseek' triggers global tech selloff
Tech stocks plunged Monday morning, as fears mounted that Chinese artificial intelligence firm DeepSeek leapfrogged U.S.
China's iron ore and coal imports ease in January, but prices diverge
China's imports of iron ore and seaborne coal are on track for a soft start to the year, with January arrivals declining to ...
Stock futures fall ahead of key earnings; tech firms tumble as China's DeepSeek rattles AI space: Live updates
This week is a big one for traders looking for further clarity on the state of the bull market, as four out of seven ‘Mag 7’ ...
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia off 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
Asia equities slide with US stock futures on China's AI push; dollar firms
U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup ...
Nasdaq-100 futures down 1,000 points, or 5%, at fresh session low
It's often the case that U.S. traders treat an overnight sell-off in stock-index futures as an opportunity rather than a warning. So the next few hours, as the East coast wakes, up will be instructive ...
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Futures slip as investors eye China's latest AI push - what's moving markets
Elsewhere, activity in China’s manufacturing sector unexpectedly contracts in January. 1. Futures lower US stock futures pointed lower on Monday as investors eyed the implications of the launch ...
Morning Bid: Monitoring dollar, DeepSeek and China's PMIs
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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US stock futures sink as investors weigh China challenge to US in AI
Futures for the Dow Jones Industrial Average declined 0.7%. Analyst Dan Ives of Wedbush Securities said that while the China's DeepSeek AI technology is impressive, the U.S. tech sector is still ...