
Gooioord
Add a review FollowOverview
-
Founded Date July 21, 1918
-
Sectors Public catering and catering establishments
-
Posted Jobs 0
-
Viewed 5
Company Description
US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock
Let’s take stock of what’s taken place over the past 24 hr.
As the US stock market opened on Monday, Chinese-made synthetic intelligence (AI) design DeepSeek stunned financiers and sank some tech stocks.
Chip-making huge Nvidia shed nearly $600bn (₤ 482bn) of its market value – the loss in US history. Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies likewise sank – albeit by smaller sized margins.
A day later, it seems somewhat calmer. Nvidia shares had a mixed start as the US stock market opened, company press reporter Nick Edser tells us. After flip-flopping a little in the very first couple of minutes, its value recovered – standing 1.3% greater.
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 actually dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.