US stocks plummeted on Monday as traders fled the tech sector and erased more than $1 trillion in market cap amid panic over ... a new AI app from a startup in China, roiled stock futures over ...
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Bloomberg reported that the Nasdaq 100 index dropped over 3%, with Nvidia on track to record the largest single-stock market cap loss in history ... that the news from China might be overstated ...
MAXIM SHIPENKOV/Pool via REUTERS Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed ...
Other reports by domestic news outlets within China put the 2018 figure for local government debt at 16.61 trillion Yuan in April of that year. The country’s central government declared a cap on local ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
For those who have managed to register and give DeepSeek a go, the China developed AI model appears to be giving ChatGPT a run for its ... Nvidia stocks dropped from USD 142 to as low as USD116 When ...
BEIJING, Jan 27 (Reuters) - Profits at China's industrial firms fell for a third straight year in 2024, official data showed on Monday, underlining the urgency for policymakers to step up support ...
Nvidia's market-cap loss on Monday was more than double the previous one-day record, set by Nvidia last September. The Nasdaq's next-biggest drag was chipmaker Broadcom Inc, which finished down 17 ...