
Lucasrojas
Add a review FollowOverview
-
Founded Date March 2, 2022
-
Sectors Health Care
-
Posted Jobs 0
-
Viewed 5
Company Description
US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock
Let’s analyze what’s occurred over the previous 24 hr.
As the US stock exchange opened on Monday, artificial intelligence (AI) design DeepSeek stunned financiers and sank some tech stocks.
Chip-making giant Nvidia shed practically $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 also sank – albeit by smaller margins.
A day later, it appears somewhat calmer. Nvidia shares had a combined start as the US stock exchange opened, service press reporter Nick Edser tells us.
After flip-flopping somewhat in the first couple of minutes, its worth recuperated – standing 1.3% higher.
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 dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.