DeepSeek

The week was a rollercoaster ride for the tech industry, with significant developments in the AI sector and the stock market. The emergence of China’s DeepSeek R1 artificial intelligence model coincided with a $600 billion decline in Nvidia’s market value. Meanwhile, Alibaba unveiled a...

These twelve large-cap stocks were the worst performers in the last week. Are they in your portfolio? Manhattan Associates, Inc. (NASDAQ:MANH) shares plummeted 27.92% after the company announced soft guidance for the 2025 fiscal year and analysts lowered the price forecast. Vertiv Holdings (NYSE:...

Famed investor Ray Dalio has forecasted China’s supremacy in the AI industry. Concurrently, Chinese AI startup DeepSeek has caused a significant disturbance in the tech market. What Happened: Dalio expects China to leverage its manufacturing capabilities in the...

Palantir Technologies Inc. (NASDAQ:PLTR), the AI behemoth that has been in the headlines for its artificial intelligence platform, has been the forerunner in providing data analytics tools to government customers for intelligence gathering, counterterrorism, and military purposes. The rise of China...

President Donald Trump unveiled a $500 billion private-sector AI investment package on his second day in office last week, just as Chinese startup DeepSeek demonstrated it can match U.S. technology at a fraction of the cost. The “Stargate” project, backed by OpenAI’s Sam Altman,...

Microsoft Corp.-backed (NASDAQ:MSFT) OpenAI has introduced the o3-mini, a new model in its reasoning series. It will be available on Friday in both ChatGPT and the API. What Happened: The o3-mini model, previewed in December, promises to offer "exceptional capabilities" in science, math, and coding...

Apple Inc (NASDAQ:AAPL) analysts see China, iPhone and Services as the key highlights from the company’s first-quarter financial results. The Apple Analysts: Raymond James analyst Srini Pajjuri reiterated an Outperform rating on Apple with a $250 price target. Bank of America analyst Wasmi...

A new player in the AI arena, DeepSeek, has unveiled an open-source language model, R1, that experts say is a game-changer in efficiency, raising questions about the future of AI development. The DeepSeek Effect Developed for under $6 million, DeepSeek’s R1 has not only outperformed...

Enterprises can now access DeepSeek-R1, a Chinese reasoning model, through cloud giants Microsoft Corporation (NASDAQ:MSFT) and Amazon.com, Inc.'s (NASDAQ:AMZN) Web Services, or AWS.  What Happened: Microsoft has made DeepSeek-R1 accessible on GitHub and through the Azure AI Foundry’s...

U.S. stock futures climbed on Friday, pointing to a third straight week of gains fueled by strong corporate earnings. Futures were higher for all four major indices. The dollar index strengthened after Donald Trump announced Thursday that the U.S. will implement a 25% tariff on imports from Canada...

Chinese state-affiliated social media accounts reportedly promoted DeepSeek’s AI models, just days before a significant downturn in U.S. tech stocks. What Happened: These accounts, including those of Chinese diplomats and state media, amplified media coverage of DeepSeek’s launch,...

Amid recent artificial intelligence sector turbulence, CNBC’s Jim Cramer wondered if Baidu Inc. (NASDAQ:BIDU) might be the next Chinese tech giant to draw market focus. What Happened: He posed the question on X on Thursday, writing, “First, it was DeepSeek, then it was BABA, and next,...

SoftBank Group (OTC:SFTBF) (OTC:SFTBY) is reportedly in discussions to spearhead a new funding round for OpenAI, potentially raising up to $40 billion. What Happened: This investment would value the ChatGPT-maker at $300 billion, marking a record-setting funding round for a private entity, reported...

On Thursday, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook lauded DeepSeek, a China-based AI startup. What Happened: During Apple's first-quarter earnings call, Cook was asked about the perception that Cupertino is benefiting from lower compute costs. The analyst inquired about Cook’s perspective on...

As AI develops, a shift in expectations for electricity demand is becoming more evident. The emergence of Chinese artificial intelligence company DeepSeek has led to uncertainty about future electricity consumption, impacting utility and power stocks. Investors in the traditional power and...