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%,

For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors. The Nasdaq 100 Index rose 92% from the start of 2023, adding more than $14 trillion in value and minting billions for a handful of tech executives and founders.

A Chinese artificial intelligence startup’s latest AI model spooked markets Monday, leaving U.S. and European technology stocks on track for a $1 trillion wipeout, a week after President Donald Trump threw his weight behind a $500 billion private sector investment in AI infrastructure.

Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.

DeepSeek, operated by Liang Wenfeng, entered the market with its DeepSeek R1 model to fight against OpenAI and Meta Platforms (META, Financial) by using NVIDIA (NVDA, Financial) chip technology, which needed smaller stock requirements than the competition.

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.

ASML shares jump 9% as strong chip orders ease AI spending fears. Traders eye semiconductor stocks as demand for high-end chips remains resilient.

Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.

The conventional wisdom in AI has long been that cutting-edge performance comes with a cutting-edge price tag. DeepSeek is turning this notion on its head.

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

Chinese artificial intelligence startup DeepSeek’s latest AI model sparked a US$1 trillion rout in U.S. and European technology stocks, as investors questioned bloated valuations for some of America’s biggest companies.

Cloud computing giant Oracle (NYSE: ORCL) has delivered impressive gains in the past year, rising more than 48% on the market as compared to the 25% gains registered by the Nasdaq Composite index over the same period (as of this writing).