Nvidia drops 12% as DeepSeek’s AI model challenges tech giants’ investments. Nasdaq 100 futures slide 3.5%; traders brace for Big Tech earnings.
American stocks crashed on Monday as focus shifted to the upcoming Federal Reserve interest rate decision and as concerns about DeepSeek’s success. Futures tied to the Dow Jones index fell by over 1%,
Futures tied to the Nasdaq-100 index sank more than 4% early Monday, on concerns about disruptive Chinese AI technology. If the tech-heavy index drops by a similar amount in regular trading hours, that would mark the worst day in more than two years.
It's often the case that U.S. traders treat an overnight sell-off in stock-index futures as an opportunity rather than a warning. So the next few hours, as the East coast wakes, up will be instructive.
Nasdaq 100 Technology Sector Index has crashed -3.5 per cent during the opening trade on Monday, January 27. The index was trading at 10,629.22 around 8:22 PM IST. Tech companies stocks have fallen sharply over the fear of new LLM model being released by Chinese firm DeepSeek.
​​​FTSE 100, DAX 40 and Nasdaq 100 drop amid China growth contraction and AI concerns. ​The FTSE 100 is swiftly coming off Friday's 's record high at 8,587 amid renewed US tariff threats but seems to be finding support marginally above its key 8,419-to-8,372 support zone. This is expected to hold.
The Nasdaq 100 Index has nearly doubled since the start of 2023, adding $14 trillion in value in the process. Evercore ISI’s Rich Ross is prepared for that rally to continue, shrugging off fears of a familiar nemesis: rising bond yields.
Nvidia shares and other US tech giants tumbled on Monday as Chinese artificial intelligence (AI) startup Deepseek disrupted global markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 11 per cent on Germany’s Tradegate on Monday. The $3.49 trillion (£2.79 trillion) worth chip maker [...]
The recent three-week slide in the Nasdaq 100 has almost wiped out its post-US presidential gains. Click to read.
After China's DeepSeek prompts AI rethink, futures point to biggest pullback in years for the Nasdaq. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average,
I recommend investors with a long-term horizon of 10 years or more to be exposed to US Tech. Check out why I prefer Invesco NASDAQ 100 ETF.
Our $20300-600 target zone was reached on January 13, and the subsequent current rally strongly suggests that $22825-23400 is next, as forecasted.