US retail investors dive into tech stocks in response to DeepSeek selloff
Individual investors responded to the market selloff earlier this week triggered by concerns regarding a Chinese artificial intelligence startup by buying a wide array of technology stocks, according to data released by Vanda Research on Wednesday.
Chinese startup Deepseek has shaken up the AI world. What we know
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was hit by outages amid a spike in interest.
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The DeepSeek sell-off sent tech stocks tumbling across the board, but Bank of America sees opportunity in these non-AI ...
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 ...
DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept Silicon Valley in ...
Nvidia crossed below its 200 day moving average for the first time since 2023 this week. Analysts say the correction could ...
We believe Snowflake could benefit from the highly cost-effective Chinese AI model, given the potential for wider AI ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
The rest of the stock market could finally catch up to the Magnificent Seven this year—and it has nothing to do with DeepSeek ...
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...
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