Luckysalesinc
Add a review FollowOverview
-
Founded Date November 14, 1960
-
Sectors IT
-
Posted Jobs 0
-
Viewed 11
Company Description
US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock
Let’s take stock of what’s taken place over the previous 24 hr.
As the US stock exchange opened on Monday, Chinese-made expert system (AI) model DeepSeek stunned and sank some tech stocks.
Chip-making giant Nvidia shed nearly $600bn (₤ 482bn) of its market price – the greatest one-day loss in US history.
Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies likewise sank – albeit by smaller margins.
A day later, it seems a little calmer.
Nvidia shares had a mixed start as the US stock market opened, service press reporter Nick Edser tells us.
After flip-flopping somewhat in the very first couple of minutes, its value recovered – standing 1.3% higher.
In Asia, the marketplaces 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.
