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Tech Stocks Lead Sharp Decline as Wall Street Reacts to New AI Competition

Wall Street opened with significant declines, led by tech stocks, due to concerns over a new AI model by Chinese startup DeepSeek. Major indices like Nasdaq 100, Dow Jones, and S&P...

Market

Gold Prices Take a Dive: A 1% Drop Ahead of Crucial Fed Policy Meeting

Spot gold prices dropped over 1% ahead of the Federal Reserve's policy meeting, with silver, platinum, and palladium also seeing declines. Investors are cautious as the Fed hints a...

Market

European Markets Dip as Investors Await Key Earnings Reports and Inflation Data

European stock markets mostly closed lower as investors await key earnings reports and inflation data. Wall Street's tech sector tumbled following a breakthrough by Chinese AI star...

Market

Gold Prices Tumble 1% as Investors Await Federal Reserve's Crucial Policy Decision

Spot gold and other precious metals have seen a decline ahead of the Federal Reserve's policy meeting, with investors anticipating that interest rates will remain unchanged. Gold d...

Market

Broadcom's Stock Plummets 18% as DeepSeek's AI Model Shakes the Tech Sector

Broadcom's stock fell sharply as the tech sector reacted to DeepSeek's new AI model, R1, which rivals top AI technologies at a lower cost, intensifying competition and causing mark...

Market

Tech Stocks Lead Market Downturn as DeepSeek's AI Breakthrough Sparks Industry Concerns

Wall Street opens lower with tech stocks tumbling due to concerns over DeepSeek's AI breakthrough. Major indices like Nasdaq 100, Dow Jones, and S&P 500 experience significant drop...

Market

Nvidia Stock Plummets 13% to October Lows Amid AI Competition Fears

Nvidia's stock fell sharply to its lowest since October 2024 after news of a Chinese AI breakthrough by DeepSeek, raising concerns over a shift in technological dominance and impac...

Market

Tech Stocks Lead Market Plunge as DeepSeek's AI Innovation Sparks Industry Fears

New York stock exchanges faced a downturn, led by tech stocks, following DeepSeek's AI model announcement. Nasdaq 100, Dow Jones, and S&P 500 all saw significant drops, with the eu...