Tech giants Meta Platforms META and Microsoft MSFT will highlight this week’s earnings lineup which also includes results from EV leader Tesla TSLA. Scheduled to release their quarterly results on Wednesday,
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
DeepSeek, the hottest name in artificial intelligence, took a Chinese hammer to several tech companies on Monday, with Microsoft, Google and especially Nvidia seeing their stock prices take a noticeable hit.
As President Trump issues directives to scuttle every federal government initiative that promotes diversity, equity and inclusion, tech
DeepSeek has complicated the dominant narrative that's propped up the market for the last 2 years, challenging lofty valuations and heavy AI spending.
Jan. 27, 12:30 p.m. ET U.S. stocks got walloped Monday: The S&P 500 was down about 2% at 12:30 p.m. EST, and the tech-heavy Nasdaq sank 3%, heading toward its worst percentage loss since Dec. 18 and third-worst day of the last two years.
State Grid is the only utility company on the list. It's also the largest utility company in the world. Despite not being a technology company, it uses plenty of generative AI applications, including grid optimization via predicting demand, predictive maintenance, and smart grid development.
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important for markets than the Fed's rate decision.
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor confidence. This live blog is closed.
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year growth of more than 52%. She predicts spending could exceed $300 billion in 2025.