A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Tag: NVIDIA
HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese AI model.
Read More HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of AI-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China’s DeepSeek spooked Wall Street.
Read More Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
What is DeepSeek and why is it disrupting the AI sector?
Chinese startup DeepSeek’s launch of its latest AI models is threatening to upset the technology world order.
Read More What is DeepSeek and why is it disrupting the AI sector?
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Wall St rises in first trading session of 2025; Tesla slides
Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.
Read More Wall St rises in first trading session of 2025; Tesla slides