Chipmaker Nvidia saw almost $600bn wiped off its market value - the biggest drop in US stock market history - as a low-cost AI competitor from China took chunks out of several tech firms.

AI agent cryptos plunged over 7% in the past 24 hours, recording the steepest loss among all crypto sectors, but the new MIND of Pepe (MIND) token defied the downturn to surge past $4.3 million in ...

NRG Energy: The energy and home services firm’s shares dropped 13.2%. What is DeepSeek? DeepSeek is a Chinese startup that has launched AI models claimed to be on par with or better than leading US ...

Chinese startup DeepSeek has rolled out a free assistant it says uses cheaper chips and less data, seemingly challenging a widespread bet in financial markets that AI will drive demand along a supply ...

The main AI infrastructure stock, Nvidia, is down roughly 20% over the last two trading days, which equates to a drop of nearly $700 billion in market cap. With DeepSeek's supposed low-cost to ...

The declines come after DeepSeek unveiled a new flagship AI model called R1 that showcases a new level of "reasoning." The Chinese AI lab's solution, released in a paper last Monday, was close in ...

Nvidia, the powerhouse chipmaker fueling the AI boom, saw its shares drop 18 percent by market close Monday. Fellow chipmaker Advanced Micro Devices (AMD) was also down 7 percent as of the end of ...

DeepSeek, an offshoot of a Chinese hedge fund, developed its open-source AI model in two months for $5.57 million. However, analysts noted that this figure excludes prior research and testing costs.

Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems ...