Ppcpaint
Add a review FollowOverview
-
Founded Date February 27, 1974
-
Sectors Healthcare
-
Posted Jobs 0
-
Viewed 16
Company Description
US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock
Let’s analyze what’s taken place over the past 24 hours.
As the US stock exchange opened on Monday, Chinese-made artificial intelligence (AI) design DeepSeek stunned investors and sank some tech stocks.
Chip-making giant Nvidia shed nearly $600bn (₤ 482bn) of its market worth – the loss in US history.
Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies likewise sank – albeit by smaller sized margins.
A day later on, it appears a little calmer.
Nvidia shares had a blended start as the US stock exchange opened, business press reporter Nick Edser informs us.
After flip-flopping slightly in the first couple of minutes, its value recuperated – standing 1.3% greater.
In Asia, the markets in Taiwan, China and South Korea have actually closed for the Lunar New Year.
But by the end of Tuesday’s trading, Tokyo’s Nikkei 225 index had actually dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.
