Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost.
DeepSeek has rattled the US stock market and Nvidia felt the maximum heat as S&P 500 tech sector witnessed a big drop.
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Shares of Nvidia took a dramatic hit on Monday, marking the company's worst day since the global market sell-off triggered
Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose. Japan’s core inflation
Orlando Bloom recently told Entertainment Weekly that Kiera Knightley did “wonderful things” in the “Pirates of the Caribbean” franchise, a few months after she revealed that she endured public shaming because of her work in the movies. The two actors starred as love interests Will Turner and Elizabeth Swann in 2003’s “Curse of the Black …
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Not just DeepSeek: Here's why Nvidia stock hasn't recovered
Nvidia, Chip Stocks Rebound as DeepSeek Panic Dies Down
Following the market plunge triggered by the release of the DeepSeek chatbot, Nvidia has recovered a large portion of its losses.
Nvidia Stock Just Fell Below a Key Level. What That Means.
The broader stock market rose Thursday, but for much of the day, Nvidia investors weren’t taking part in the rally. Shares of Nvidia ended Thursday up 1% to about $125, but shares spent most of the day in red and briefly dipped below a key technical measure.
Kash Patel, Trump's nominee to be FBI Director, is worth more than $5.9 million. He made more than $2.6 million last year from consulting, paid speeches, and books. His clients included Truth Social, one of Trump's PACs, and the Embassy of Qatar.
Dell just launched its new Alienware Area-51 lineup of gaming PCs today. Currently, it's available in only two configurations - both paired with an Intel Core Ultra 9 285K and GeForce RTX 5080 GPU - starting at a bonkers price of $4,449.99. Don't expect to get it right away either; Dell estimates this system to arrive at door by April 22.
The buildings that Nvidia has agreed to buy from affiliates of Sobrato Organization have addresses of 2701, 2711, 2721 and 2731 San Tomas Expressway, the county public files show. An adjacent parking garage at 2741 San Tomas Expressway is also included in the purchase deal.
Strong buying by retail investors during Monday's market slide indicates institutional investors drove the tech-sector selloff, JPMorgan says.
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