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CNBC Daily Open: DeepSeek batters Nvidia but reinforces AI trend
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today DeepSeek raises questions on AI investmentsChinese […]
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Trump says Microsoft is in talks to acquire TikTok
A Microsoft store in New York, US, on Friday, Oct. 25, 2024. Jeenah Moon | Bloomberg | Getty Images U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app. Microsoft declined to comment. TikTok and ByteDance did not immediately respond to Reuters’ requests for a comment outside regular […]
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CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today $600 billion plunge in Nvidia Nvidia […]
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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures were little changed on Monday night. The action followed a sell-off fueled by worries over the emergence of Chinese startup DeepSeek and […]
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap […]
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Power stocks plunge as energy needs called into question because of new China AI lab
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC Power companies that are most exposed to the tech sector’s data center boom plunged early Monday, as the debut of China’s DeepSeek open-source AI laboratory led investors to question how much energy artificial intelligence […]
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Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Nvidia is still working on the certification process for Samsung Electronics Co.’s high-bandwidth memory chips, a final required step before the Korean company can begin supplying a component essential to training AI platforms. Annabelle […]
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Stocks making the biggest moves midday: Nvidia, Oracle, Constellation Energy, AT&T and more
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 16% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since March 2020. […]
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China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold-off and were on pace to wipe out billions in market cap. Tech leaders, analysts, investors and developers say that the […]
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Stocks making the biggest moves premarket: Nvidia, Microsoft, Constellation Energy, AT&T and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling saw shares tumbling more than 11% in premarket trading, on track for its worst day since March 2020. The sell-off occured after Chinese startup DeepSeek launched a free open-source large-language model in late December, saying it was developed in just two […]
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