Euronext - Delayed Quote • EUR (7774S.NX) Follow Compare 0.0900 0.0000 (0.00%) At close: January 13 at 4:17:31 PM GMT+1 Related News Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo DeepSeek’s new open source AI reasoning model, R1, sparked a sell-off of Nvidia’s stock and caused its consumer app to soar to the top of the app stores. Last month DeepSeek said it trained a model using a data center of some 2,000 of Nvidia’s H800 GPUs in just about two months at a cost of around $5.5 million. Last week, it published a paper showing that its latest model's performance matched the most advanced reasoning models in the world. These models are being trained in data centers that ar How to switch off Apple Intelligence on your iPhone, iPad, and Mac Apple released new software updates on Monday, including iOS 18.3, which automatically opts users into Apple Intelligence, at least for newer devices. Unlike what the tech industry seems to think, or wants to believe, not everyone wants generative AI features enabled by default on their devices. You may want to switch off the new AI features because you are concerned about the AI industry’s impact on the environment or some of the political views of the industry’s top players, or you just don’t Could DeepSeek's AI gains be good news for all AI players? After China's DeepSeek released a new artificial intelligence (AI) model, investors weigh whether US tech companies can keep up, sending AI-related stocks like Nvidia (NVDA), Broadcom (AVGO), and Taiwan Semiconductor Manufacturing Company (TSM) tumbling. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Julie Hyman and Josh Lipton on Market Domination. He shares his view that while DeepSeek has made an important advancement in inference, the market may be too worried about what it means for US AI companies. "I don't think this is some Chinese psyop," Moorhead explains. "I spent my weekend reading white papers and going through the details, and while I am not a data scientist, I do believe that what's clear to me is they used different techniques than the other model makers are doing, where they were able to parse or train maybe 5% of the data. That's like a 95% reduction." He adds, "When you actually run one of these applications called inference, they did that with an exceptional amount of optimization." Despite finding DeepSeek's model impressive, Moorhead thinks the market response is "a gigantic overreaction." "I think the market overall should be going crazy because [this is the] uplift of what we were looking for [from AI]," he says, adding that the investors' focus should be on the progress in inference. Watch the video above to learn more about Moorhead's read on the impact of DeepSeek's new model on Nvidia and other AI players. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. DeepSeek sell-off reminds investors of the biggest earnings story holding up the stock market Big Tech's rapid earnings growth finally slowing has been a risk to the market strategists have been talking about for more than a year. Nvidia stock plummets, loses record $589 billion as DeepSeek prompts questions over AI spending Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks and the broader AI investment thesis early Monday. DeepSeek could 'enhance' investor excitement about Tesla's value outside selling cars While new developments from Chinese AI startup DeepSeek sparked a tech rout, a renewed market focus on AI and its permutations may be good news for Tesla. DeepSeek fears weigh on tech, Alibaba, Baidu: Market Minute Yahoo Finance host Seana Smith follows the top stocks and leading market stories as part of the Market Minute. Stocks are dropping (^GSPC, ^IXIC, ^DJI), with the Nasdaq Composite on track to lose a total of $1 trillion as tech shares struggle, especially chipmaker Nvidia (NVDA) which is seeing its biggest sell-off on record. Concerns about the US losing its AI edge are fueling losses, impacting companies like Palantir (PLTR), Super Micro Computer (SMCI), and Taiwan Semiconductor Manufacturing Company (TSM). Meanwhile, Chinese companies like Alibaba (BABA) and Baidu (BIDU) are benefiting from the excitement around the new Chinese AI startup causing all this market buzz, DeepSeek. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch Does China's DeepSeek derail Big Tech earnings? Not exactly. Chinese artificial intelligence startup DeepSeek's new AI model sparks worries about global AI competition, sending US stocks (^DJI,^GSPC, ^IXIC) sharply lower on Monday. Chipmakers Nvidia (NVDA) and Marvell Technology (MRVL) and energy provider Oklo (OKLO) are among the AI-related stocks tumbling on the news, just ahead of the first round of Big Tech earnings this week.. Principal Asset Management chief global strategist Seema Shah joins Morning Brief with Seana Smith and Brad Smith to discuss how the sell-off could impact investor strategies heading into Big Tech earnings season. There are "a lot of questions that need to be answered before investors can really make an educated decision on how they want to deal with their exposures. Right now, I don't think that we're at that point where we can start talking about correction territory," Shah says. "This is a good reminder that global diversification really is key." "I think the macro environment at the moment is constructive, which means that there should anyway be a broadening out away from some of those mega-cap tech names to other sectors. So, it's important right now that investors be looking at what is the broad universe of opportunities, not just in those [Magnificent Seven]," made up of Nvidia, Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL). The strategist adds that investors have become more concerned about market concentration, finding "that a lot of the trade has become very much one-sided." "If DeepSeek is everything that they're saying, this is ultimately positive for broad productivity around the world for all sectors ... Maybe it does put some question marks around those very key tech names... for the US, but it certainly isn't necessarily the end of the story of the US exceptionalism and productivity." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Nvidia heads for record sell-off on China's DeepSeek worries Nvidia (NVDA) is on track to record its biggest drop yet after Chinese artificial intelligence (AI) startup DeepSeek sparked a tech sell-off. DeepSeek's newest AI model raised concerns about US companies' ability to keep up in the AI race. The sell-off sends names like Broadcom (AVGO) and Marvell Technology (MRVL) tumbling while other AI plays, such as Oklo (OKLO) and Constellation Energy (CEG) see double-digit declines. The news comes just ahead of Big Tech earnings, with Microsoft (MSFT), Meta (META), and Tesla (TSLA) reporting on Wednesday and Apple (AAPL) announcing on Thursday. Worries about AI competition raise questions about Big Tech earnings meeting Wall Street's expectations. Seana Smith and Brad Smith take a closer look at the market action ahead of the opening bell on Morning Brief. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Jefferies Maintains Buy Rating on Meta Platforms, Inc. (META) with $715 Target, Highlights Generative AI Opportunities with META.AI and Llama Models We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks. The artificial intelligence community is raving over a new reasoning model that has surprised even Silicon Valley. Developed by Chinese […] American AI firms try to poke holes in disruptive DeepSeek Chinese startup DeepSeek on Monday sparked a stock selloff and its free AI assistant overtook OpenAI's ChatGPT atop Apple's App Store in the U.S., harnessing a model it said it trained on Nvidia's lower-capability H800 processor chips using under $6 million. As worries about competition reverberated across the U.S. stock market, some AI experts applauded DeepSeek's strong team and up-to-date research but remained unfazed by the development, said people familiar with the thinking at four of the leading AI labs, who declined to be identified as they were not authorized to speak on the record. OpenAI CEO Sam Altman wrote on X that R1, one of several models DeepSeek released in recent weeks, "is an impressive model, particularly around what they're able to deliver for the price." Rosenblatt Securities Reaffirms Buy Rating on Apple Inc. (AAPL), Highlights Challenges from Chinese Rivals and Low iPhone Expectations We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other AI stocks. The artificial intelligence community is raving over a new reasoning model that has surprised even Silicon Valley. Developed by Chinese start-up […] Bernstein Reaffirms Outperform Rating for Broadcom Inc. (AVGO), Downplays DeepSeek’s Impact on AI Semiconductor Leaders We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks. The artificial intelligence community is raving over a new reasoning model that has surprised even Silicon Valley. Developed by Chinese start-up […] Marvell Technology, Inc. (MRVL) Positioned as the Next AI Semiconductor Leader, Says Melius Research with $188 Target We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where Marvell Technology, Inc. (NASDAQ:MRVL) stands against the other AI stocks. The artificial intelligence community is raving over a new reasoning model that has surprised even Silicon Valley. Developed by Chinese […] Asia Tech Stocks Slump After DeepSeek’s Rise Triggers U.S. Chip Selloff Technology stocks fell sharply in Asia after the emergence of Chinese artificial-intelligence startup DeepSeek triggered a selloff in AI-related stocks overnight and cast uncertainty over the rising demand for data centers. Q4 2024 AT&T Inc Earnings Call Q4 2024 AT&T Inc Earnings Call AI Chips Update - DeepSeek Threatens Nvidia's Upside Nvidia's stock has plummeted, wiping out around $589 billion in market value, following the emergence of DeepSeek, a Chinese company that developed a cutting-edge AI model with significantly lower hardware costs. DeepSeek's R1 model was built in just two months on a budget of less than $6 million, sparking investor concerns about the potential decline in demand for Nvidia's premium chips. Watch These Nvidia Stock Price Levels After Nearly $600B Wiped From Market Value Nvidia shares plunged Monday amid concerns that a powerful, cost-efficient AI model developed by Chinese startup DeepSeek could herald a reduction in Big Tech’s investment in the chipmaker’s pricey AI offerings. Monitor these crucial chart levels. Japan Tech Selloff Extends as DeepSeek Pressures AI Stocks (Bloomberg) -- Shares of Japanese semiconductor-related companies including Advantest Corp. and Disco Corp. extended Monday’s drop after the release of Chinese AI model DeepSeek prompted a selloff in US tech stocks.Most Read from BloombergWhat Happened to Hanging Out on the Street?Texas HOA Charged With Discrimination for Banning Section 8 RentersVienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Le Nvidia, Broadcom, Nebius Group, Taiwan Semiconductor, And Tesla: Why These 5 Stocks Are On Investors' Radars Today Monday’s trading session saw mixed results in the U.S. stock market. The S&P 500 dropped by 1.5% to 6,012.28, shedding nearly 90 points, while the NASDAQ fell 3.07% to 19,341.83. On the other hand, the Dow managed to trade up by 0.65% to 44,713.58. These are the top stocks that gained the attention of retail traders and investors throughout the day: Nvidia Corporation (NASDAQ:NVDA) Nvidia shares fell by 16.86% to close at $118.58, with an intraday high and low of $128.40 and $116.70, respectivel