Exchange Traded Funds (ETFs) tied to Nvidia (NVDA) like T-Rex 2X Long Nvidia Daily Target ETF (NVDX), Direxion Daily Nvda Bull 2X Shares (NVDU), and GraniteShares 2x Long NVDA Daily ETF (NVDL) were pummelled during Monday’s sell-off when Nvidia saw record losses. TMX VettaFi head of research Todd Rosenbluth sits down with Seana Smith on…
Pat Gelsinger, former CEO of Intel (NASDAQ:INTC) just made a bold movebuying Nvidia (NASDAQ:NVDA) stock as it dipped on fears surrounding DeepSeek’s game-changing AI breakthrough. The market panicked after learning DeepSeek built a cutting-edge AI assistant for just $6 million, sending Nvidia and other AI giants into a selloff. But Gelsinger isn’t buying the doomsday…
China’s DeepSeek takes U.S. tech by surprise – CBS News Watch CBS News China on Monday unveiled its DeepSeek artificial intelligence, shocking the U.S. tech sector and sending chip-maker Nvidia’s stock tumbling. Anna Coren reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On…
A decline in investor fears over DeepSeek’s low-cost AI subs drowned out Nvidia (NVDA, Financial) shares on Tuesday, which rebounded 9 percent after plummeting 16 percent on Monday. Such concerns about the Chinese AI startup’s efficiency breakthrough triggering a sell-off that erased nearly $600 billion in Nvidia’s market value were at the heart of the…
The release of a less capital-intensive artificial intelligence model from China’s DeepSeek sent a chill through the U.S. stock market Monday, initiating a massive selloff led by Nvidia, which roared back Tuesday, recovering almost half of its record-setting losses. Jan. 28, 4 p.m. EST Nvidia stock ends normal trading up 8.8%, scoring its best percentage…
As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models – threatens the dominance of the United States in the nascent but highly competitive sector, the province that nurtured the upstart company is taking steps to become a world-leading hub for frontier technologies of all types….
Image: Firdous Nazir/NurPhoto (Getty Images) This story incorporates reporting from YAHOO!Finance, Yahoo Finance and MSN. Nvidia and other prominent tech stocks regained ground on Tuesday, following a sharp sell-off on Monday driven by concerns over artificial intelligence. The Nasdaq Composite surged over 1%, with significant contributions from tech companies. The S&P 500 rose 0.9%, while…
By Suzanne McGee (Reuters) – Short-term traders are proving eager to bet on a rapid recovery in Nvidia, pouring money into the three largest leveraged exchange-traded funds which are linked to gains in the share price of the AI chipmaking giant. Speculators and traders flocked to buy leveraged funds which aim to deliver double the…
The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built at a fraction of the cost and computing power that major tech companies muster to build large language models (LLMs) – the technology underpinning generative AI services like ChatGPT. On social media, the AI community…
NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles a few years ago,…