Channel NewsAsia Singapore42m
China's AI drive hammers tech stocks in Japan, Australia
TOKYO: Japanese tech stocks fell sharply for a second day running on Tuesday (Jan 28) following a plunge in US tech ...
Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set ...
Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
Japan’s chip-related shares extended declines for a second day after DeepSeek triggered concerns over competitiveness in the ...
Asian markets fall after China’s DeepSeek spooks Wall Street; Japanese Nikkei lead losses
Concerns over the emergence of a low-cost Chinese generative AI model DeepSeek fuelled selling in tech stocks globally.
Rough start for Wall Street: Nvidia sees record $589 billion loss as China AI app DeepSeek stuns US markets
Chipmaker Nvidia endured a 17 per cent plunge, which erased $589 from its value, the largest in market history.
Japan and Hong Kong markets set for mixed open after AI sell-off drags Wall Street
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year ...
PBS6h
Tech stocks tank as Chinese AI competitor makes its debut
The S&P 500 dropped 1.5 percent, dragged down in large part by a 16.9 percent fall for Nvidia. Other Big Tech stocks also ...
Chip Stocks Tumble After China's DeepSeek Cast Doubts On AI Spending — 2nd Update
Global chip stocks slumped Monday after Chinese artificial-intelligence company DeepSeek said it had developed AI models that nearly matched American rivals despite using inferior chips, raising ...
Tech stocks sink as a Chinese competitor threatens to topple their AI domination; Nvidai drops 11.5%
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...
KSTP-TV13h
Wall Street sinks as investors weigh China challenge to US dominance in AI. Nvidia tumbles 10%.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...
Week Ahead for FX, Bonds: Fed, ECB Decisions in Focus
An interest-rate decision by the Bank of Canada is due Wednesday, on the same day as the U.S. Fed's decision. A 25 basis-point rate cut is widely expected, although the pace of rate reductions is ...