China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.

The Nasdaq tanked on Monday as a Chinese startup rattled faith in US leadership and profitability in AI, taking a hammer to Nvidia (NVDA), wiping out a record $589 billion in market value.

losing $589 billion in market capitalization. The tech-focused Nasdaq composite index finished the day down 3 percent. DeepSeek’s explosive debut also escalated concerns about China’s ability ...

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Shares of chip titan Nvidia plunged on Monday amid the markets' fears over a new artificial intelligence tool from a startup in China. Nvidia stock was ... store's Top Free Apps chart.

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Nvidia was hit hard, plunging 16.9 percent and losing roughly $600 billion in market value ... fell one-fifth of their value. A line chart showing the shares of Nvidia, Oracle and Constellation ...

“When valuations stretch to the sky it’s easier for small trembles to make the entire market rumble.” DeepSeek’s latest AI model rose to the top of the Apple’s appstore charts over the ...

The stock of chipmakers Nvidia ... iPhone app stores in Australia, Canada, China, Singapore, the U.S. and the United Kingdom, according to data from market tracker App Figures.

Chatbot vanishes in Italy amid claims OpenAI's model was used to train Chinese AI - DeepSeek says its AI model is similar to ...

DeepSeek's app had already hit the top of Apple's App Store chart by Monday ... the news out of China could be overstated and then we could see a reversal of the recent market moves," Jacobsen ...