233.00 Dollar US$ Tech tailspin on China's AI drive hits Wall Street Sweet Water
- Location: 94368, Sweet Water, Indiana, United States
China's DeepSeek has investors questioning tech and AI valuations
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US and global shares slide, led by tech sector
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Broad risk-off mood grips markets; yen and Swiss franc gain
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US bonds rise, pushing yields to multi-week lows
By Lawrence Delevingne and Samuel Indyk
BOSTON/LONDON, Jan 27 (Reuters) - U.S. technology shares dropped sharply on Monday as surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model raised doubts about the sector's lofty valuations.
The tumble in global equities prompted a widespread flight to safety, with U. Should you liked this short article and also you desire to acquire details with regards to mixero generously check out our web-page. S. government bonds rising and safe-haven currencies - the yen and Swiss franc - surging.
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