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Tech CEOs try to reassure Wall Street
Tech CEOs try to reassure Wall Street after DeepSeek shock
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still spend billions on AI data centers.
Nightmare on Wall Street as tech stocks lose $1T over Chinese AI startup DeepSeek
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Wall Street Calms Down After DeepSeek Selloff
Investors were feeling a little more relaxed on Tuesday, with stock futures rebounding after the rapid rise of Chinese artificial intelligence startup DeepSeek triggered a broad and deep selloff the previous session.
Mark Zuckerberg reveals thoughts on DeepSeek
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Meta Platforms’ fourth-quarter revenue beat Wall Street expectations on Wednesday, but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
2d
on MSN
DeepSeek Is Upending Wall Street’s Big AI Power Trade
The selloff​ extended to shares of natural-gas producers, pipeline operators, mining companies​, and electricity generators.
11h
DeepSeek Upended Wall Street's Rosy View Of AI Stocks Like Nvidia. What That Means For U.S. Hopes To Outrun China.
While AI stocks may rebound from their DeepSeek-induced market sell-off, the U.S. clearly faces a threat from China in ...
4h
Apple profit tops Wall Street target even as iPhone, China sales fall short
Apple beat Wall Street's quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter ...
1d
Should You Buy Nvidia Stock in the Wake of the DeepSeek Bombshell? Here's What Wall Street Is Saying.
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing ...
2h
on MSN
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
3d
on MSN
What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley
Wall Street and Silicon Valley were in a tailspin on Monday due to the stunning rise of DeepSeek – a Chinese artificial ...
3d
Wall Street Lunch: DeepSeek Disrupts The AI Trade - For Now
AI stocks got slammed as the China app challenged cost and demand assumptions. Bond yields plunge and cash moves to safety.
22h
on MSN
Did DeepSeek copy ChatGPT to make new AI chatbot? Trump adviser thinks so
Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall ...
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