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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.
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. Analysts see buying opportunity.
US tech stocks steady after DeepSeek AI app shock
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8%, having slumped on Monday,
Meta, DeepSeek and AI
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,
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
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.
10h
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 ...
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 ...
2d
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 ...
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 ...
21m
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 ...
CBS News
3d
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
A Chinese artificial intelligence company called
DeepSeek
is grabbing America's attention — and sending a shock wave through
Wall
Street
— due to its new tech, which some experts say rivals ...
3d
on MSN
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
2h
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 ...
15h
DeepSeek is a hot topic on earnings calls this quarter
Executives are increasingly fielding analyst questions about the impact of China's DeepSeek AI on their business — and ...
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