Monday’s meltdown was a cold plunge on what had otherwise been a bull market for tech on the belief that AI would usher in a new golden age of worldwide productivity and sector-
With Tesla set to release its latest quarterly earnings report, Wall Street thinks the stock can keep rising on a "golden age" for automation and AI.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
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.
NEW YORK (AP) — Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Dan Ives is not alone in selecting Nvidia as a top stock pick for 2025. Harsh Kumar at Piper Sandler recently wrote, "We are making Nvidia our top large-cap pick given the company's dominant position in AI accelerators and the upcoming launch of the Blackwell architecture."
Warren Buffett has led investment management firm Berkshire Hathaway since 1965. Over the last several decades, Buffett and his close-knit team consistently outperformed the S&P 500 -- turning Berkshire Hathaway into one of the most successful portfolio management firms in history.
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
And finally, in the year 2025, here comes DeepSeek to blow up the industry’s whole narrative about AI’s bottomless appetite for power, and potentially break the spell that had kept Wall Street funneling money to anyone with the words “harnessing artificial intelligence” in their pitch deck.
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains. President Trump and Elon Musk, two powerful figures, were initially united for the cameras and the "greater good," but their marriage made in heaven has now officially ended due to their conflicting ideologies and egos.