In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple ( AAPL -0.39%), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and hit the top of Apple’s App Store chart
Wall Street analysts are known for being ... This includes revenue from its App Store, search-sharing revenue, Apple TV, Apple Pay, and other subscriptions and services. Last fiscal year, its ...
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A disappointing quarter or even three of sales or earnings is no reason to sell Apple stock, says the CIO from Birinyi Associates.
China just threw a curveball into the tough Artificial Intelligence (AI) race as DeepSeek’s chatbot app just skyrocketed to the number 1 spot on both the
If "Qwen's" results hold up, Alibaba can cement itself as a premier AI juggernaut. Regardless, BABA is historically cheap, faces easy comps, and enjoys a bullish technical pattern.
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US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants.