Strategists at Bank of America, led by Michael Hartnett, used the term "Lagnificent 7" to describe what may be coming for the grouping of Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc.

Software stocks look set to benefit from the DeepSeek implications, as cheaper AI could boost revenue momentum this year.

Observers are eager to see whether the Chinese company has matched America’s leading AI companies at a fraction of the cost. The chatbot's ultimate impact on the AI industry is still unclear ...

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.

Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...

There are several companies across industries doing this well. Bank of America, for example, deployed its own AI-powered chatbot, called Erica, that assists customers with financial tasks ...

The central bank held benchmark borrowing costs between ... The panic was driven by Chinese AI startup DeepSeek, which showcased a chatbot it claims rivals leading versions from OpenAI and ...

launched a competitively priced chatbot service comparable to America's ChatGPT. On this day, the technology-focused Nasdaq index on the New York Stock Exchange traded at 19,345.04, down 609.26 ...

Despite market jitters, Bank of America remains optimistic, stating that concerns over DeepSeek’s impact on the semiconductor ...

Citing intel from three people familiar with the matter and an internal planning document, Reuters reported that Amazon executives have a "Go/No-go" meeting slated for Feb. 14. That meeting will ...

The United States’ lead in artificial intelligence technology has become questionable after the release of DeepSeek’s AI ...

Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money ...