- Ray Dalio
  person
- Tom Lee (Florida politician)
  person

Rough start for Wall Street: Nvidia sees record $589 billion loss as China AI app DeepSeek stuns US markets

Hindustan Times

Hindustan Times

Summary

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Retail sentiment has weakened across all three stocks over the past month, dragged by uncertainty surrounding U.S. crypto policy under President Donald Trump and Federal Reserve rate changes.
Asianet Newsable
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Australian stocks that are exposed to the artificial intelligence wave fell sharply on Tuesday as investors feared the emergence of a low-cost AI model from Chinese startup DeepSeek would threaten the dominance of current market leaders.
CNA
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Monday's selloff came after Chinese startup DeepSeek launched AI models it says are on a par or better than industry-leading models in the United States at a fraction of the cost.
The Gazette
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The chip maker suffered the biggest-ever one-day loss in market value on Monday - on Tuesday the share price is rising again
The Independent

■ Story #20 ▪

issue 88:88 ▪

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20 sources ▪

updated 88:88

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