AI-themed ETFs plunge in wake of DeepSeek news

[ad_1] DeepSeek's AI model surpasses ChatGPT downloads on Apple's app store Leveraged ETFs with Nvidia exposure experience significant losses and volatility Market adjusts to AI competition, impacting institutional and retail investors Investors had been sellers…

Yen and Swiss franc jump, dollar drops as…

[ad_1] Yen and Swiss franc jump as investors seek safety Tech selloff pushes U.S. stocks lower Central bank policy meetings and economic data in focus (Updates headline, first graph and prices throughout, adds fresh analyst…

Nvidia stock plummets 17%, selloff on Wall Street…

[ad_1] Wall Street stocks declined sharply on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chip giant Nvidia and other Big Tech companies.Nvidia stock crashed over 17…

Who is Liang Wenfeng, the founder of DeepSeek,…

[ad_1] Chinese artificial intelligence (AI) research lab DeepSeek gained global attention after it released its open-source AI model, DeepSeek-R1, last week, rivalling industry giants like OpenAI. The DeepSeek logo arranged on a smartphone in Hong…

US Stock Market LIVE: Wall Street set for…

[ad_1] US Stock Market News LIVE: Wall Street tumbled on Monday, January 27, on fears the big US companies that have feasted on the artificial intelligence (AI) frenzy are threatened by a competitor in China.…