S&P 500 E-Mini futures (ESH25) are down -2.43%, andMarch Nasdaq 100 E-Mini futures (NQH25) are down -3.78% this morning as worries mount that a cheaper artificial intelligence model from China could challenge the supremacy of U.
AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
The second Trump term will likely create economic volatility, but financials, consumer discretionary, industrials are sectors expected to benefit, alongside AI and small caps, note the analysts.
S&P 500 steady as Meta rises on AI goals and Boeing warns of losses. Mixed economic data keeps traders cautious ahead of the Federal Reserve meeting.
Investing.com – US stock index futures slumped Monday, with the tech sector hard hit as investors weighed the implications of competition from Chinese AI startup DeepSeek on richly valued sector.
The S&P500 and Nasdaq traded lower as well, and futures, especially Nasdaq futures, are looking pretty bad this morning with a more than 2% slide at the time of writing hammered by the news that the Chinese startup DeepSeek could run its latest AI model on less advanced
Concerns over the 10-year Treasury yield nearing 5% and a less dovish Federal Reserve outlook for 2025 have spurred risk-off sentiment in tech stocks. Following a two-year bull run fueled by AI, the sector now faces
Asian markets and US futures fell as investors reacted to China's DeepSeek releasing an AI model to compete with OpenAI's ChatGPT. This has sparked concerns over US tech supremacy. Meanwhile, Trump's tariffs affected currencies,
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.
The AI chatbot shared predictions for the S&P ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.