Stocks traded higher Tuesday following a deep selloff in shares of technology companies after China’s DeepSeek rattled markets with a cheaper artificial-intelligence model.These stocks were making moves:Nvidia rose 6.
"Black Swan" author Nassim Taleb is warning investors about the fragility of wealth concentration in technology stocks, particularly highlighting Nvidia Corp. following its recent 17% decline amid the emergence of DeepSeek's artificial intelligence model.
Wall Street's major indexes experienced gains, driven by the recovery of AI-linked shares. Nvidia rebounded after a significant loss. Concerns over proposed U.S. tariffs lingered, with potential impacts on inflation and Federal Reserve rate cuts.
In addition to the movement in the stock, macroeconomic factors such as Fed interest rate decisions and Global AI competition are also pulling investors’ sentiment. The market attention that Nvidia has garnered since Monday,
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Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, while Boeing, General Motors, and Lockheed Martin are scheduled to report quarterly earnings Tuesday.
Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.
Tech stocks lead Nasdaq 1.5% higher midday after Nvidia’s rebound. AI competition looms as traders await key earnings and Fed updates this week.
Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting
US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants.
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.
Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, while General Motors posts better-than-expected adjusted earnings.