Avvocatotramontano
Add a review FollowOverview
-
Founded Date November 26, 1923
-
Sectors Occupational Therapist (OT)
-
Posted Jobs 0
-
Viewed 10
Company Description
US Tech Stocks Steady as Nvidia Shares Pick up After DeepSeek Shock
Let’s analyze what’s occurred over the past 24 hours.
As the US stock exchange opened on Monday, Chinese-made synthetic intelligence (AI) design DeepSeek stunned investors and sank some tech stocks.
Chip-making giant Nvidia shed nearly $600bn (₤ 482bn) of its market value – the greatest one-day loss in US .
Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies also sank – albeit by smaller sized margins.
A day later on, it seems slightly calmer.
Nvidia shares had a mixed start as the US stock exchange opened, company press reporter Nick Edser tells us.
After flip-flopping somewhat in the first few minutes, its value recovered – standing 1.3% higher.
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 dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.
