- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)
- Tom Lee (Florida politician)
  person
- Jim Cramer
  person

Asian markets track Wall St bounce as Fed decision looms

Daily Tribune

Summary

88:88
The news hammered tech firms Monday, with US chip giant and market darling Nvidia collapsing almost 17 percent and wiping almost $600 billion from its market capitalisation -- a record single-day loss for a publicly traded company.
International Business Times
88:88
The 52-week low comes after the stock lost 6.4% during a wider tech sector sell-off on Monday, triggered by reports of Chinese AI startup DeepSeek unveiling a competitive AI model, which impacted major technology stocks.
Asianet Newsable
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All three major indices on Wall Street finished higher, with the Nasdaq Composite rising 2.0 percent buoyed by a rise in tech stocks, reversing some of its losses from Monday.
The Manila Times
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These developments have sparked concerns over how much money big tech companies will invest in AI, hitting the shares of Nvidia, a key AI chipmaker.
CNBC

■ Story #48 ▪

issue 88:88 ▪

130 items ▪

15 sources ▪

updated 88:88

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