US stocks were set for a steep selloff Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s ...
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per ...
The selloff in the stocks of Nvidia, Microsoft and Amazon on the back of worries over competition from China-based DeepSeek's AI assistant is accounting for most of early selloff in Dow futures.