Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Revolutionizing Financial Technology with Tran Startup

July 6, 2025

Funding for India’s fintech sector declines by 26% in the first half of 2025, with strong early-stage investments, according to a report.

July 5, 2025

31 Instances of Artificial Intelligence in Finance for 2024

July 5, 2025

Overview of the FINCH 2025 Market and Participant Profiles

July 5, 2025
Facebook X (Twitter) Instagram
Trending
  • Revolutionizing Financial Technology with Tran Startup
  • Funding for India’s fintech sector declines by 26% in the first half of 2025, with strong early-stage investments, according to a report.
  • 31 Instances of Artificial Intelligence in Finance for 2024
  • Overview of the FINCH 2025 Market and Participant Profiles
  • India secures third position globally in fintech startup funding, raising $889 million in the first half of 2025 according to TRACXN.
  • AI Monitor – Latest Updates
  • PayTM’s Share Price Drops by 10%: Understanding MDR and the Call from FinTech Companies for Government Action.
  • Irish Fintech Nomupay secures $40 million, reaching a valuation of $290 million with SoftBank.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025

    British Fintech Zilch Seeking International Tender Opportunities

    July 4, 2025

    Fintech Company Pine Labs Submits IPO Documents to SEBI for Fundraising, According to Reports

    June 26, 2025

    Breaking News: Initial lineup of demonstrations revealed for FinovateFall 2025

    June 12, 2025

    Fintech Scotland and TSB unveil a new innovation lab initiative.

    June 3, 2025
  • AI

    31 Instances of Artificial Intelligence in Finance for 2024

    July 5, 2025

    AI Monitor – Latest Updates

    July 5, 2025

    New Financial Initiative Deeply Rooted in Blue-Collar Heritage in Lloyd

    July 5, 2025

    Artificial Intelligence and Green Finance Will Transform the Banking Industry

    July 4, 2025

    BARCHART.com examines how generative AI is transforming the financial services industry as it adapts to new technologies.

    July 4, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025

    Southeast Asia’s Fintech Market: Size, Trends, and Growth Potential

    June 13, 2025

    Irish fintech remains on a remarkable growth trajectory, contrary to global trends.

    June 12, 2025
  • Insights

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025

    Finance Magnates Reports: XBO Designated as Top Cryptocurrency Payment Gateway. XBO’s core principles of trust and simplicity align with cutting-edge solutions, providing customers access to an award-winning crypto payment option. 16 hours ago

    June 26, 2025

    Fintech Bank competes with HSBC and Lloyds in the current account market.

    June 24, 2025

    Netcapital’s Nasdaq acquisition of a web3-based free gaming platform without mixing code

    June 19, 2025

    Ali Kassab and Freedom PSP: Unraveling the Myths of Fintech

    June 19, 2025
  • Rumors

    PayTM’s Share Price Drops by 10%: Understanding MDR and the Call from FinTech Companies for Government Action.

    July 5, 2025

    PayTM restricts 10% amid rumors of government cancellation of MDR – Is the expansion of UPI in India becoming a challenge for fintech companies? More details here.

    July 2, 2025

    The Giant Fintech Green Point Captivates Investment Capital Interest

    June 25, 2025

    Chinese Ant Group refutes speculation about a partnership with Rwa and Stablecoin.

    June 20, 2025

    Tua Tagovailoa Trade Speculation: Miami Dolphins May Pursue QB Negotiations After 2025 Season if Playoff Aspirations Fall Short | NFL News

    June 16, 2025
  • Startups

    Revolutionizing Financial Technology with Tran Startup

    July 6, 2025

    Funding for India’s fintech sector declines by 26% in the first half of 2025, with strong early-stage investments, according to a report.

    July 5, 2025

    India secures third position globally in fintech startup funding, raising $889 million in the first half of 2025 according to TRACXN.

    July 5, 2025

    Irish Fintech Nomupay secures $40 million, reaching a valuation of $290 million with SoftBank.

    July 5, 2025

    Finch Fintech Qonto aims to secure a banking license to reach two million customers by 2030.

    July 5, 2025
  • finjobsly
fintechbits
Home » Deepseek Sparks Ai Stock Seloff; Nvidia publishes a loss of capitalization of the market
AI in Finance

Deepseek Sparks Ai Stock Seloff; Nvidia publishes a loss of capitalization of the market

6 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
7596e34bbdef6f75b66a15b4d6930155.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

By Sinéad Carew, Amanda Cooper, Ankur Banerjee

New York / London / Singapore (Reuters)-global investors poured technological actions on Monday while they feared that the emergence of a low-cost Chinese artificial intelligence model threatens the domination of IA leaders as Nvidia, evaporating $ 593 billion from the market value of the flea manufacturer for the chip manufacturer for the chip manufacturer for the chip manufacturer for the flea manufacturer for the flea manufacturer, 593 billion profile profiles is the manufacturer fleas for the flea manufacturer. , a record loss of a day for any business at Wall Street.

Last week, the Chinese startup Deepseek launched a free AI assistant who, according to him, uses less data to a fraction of the cost of the services in place. On Monday, the assistant exceeded American rival downloads in the Apple App Store downloads.

This led the Nasdaq, heavy in technology, a fall of 3.1% on Monday. Nvidia was the largest Nasdaq trail, its shares falling less than 17% and marking a record loss of a day of market capitalization for a Wall Street actions, according to LSEG data.

On Monday, the loss of capitalization of Nvidia was more than double the record of a previous day, established by Nvidia last September.

The nasdaq drag-ganglion was the manufacturer of fleas Broadcom Inc, which finished down 17.4%, followed by Chatgpt Backer Microsoft, which dropped by 2.1%, then Google Parent Alphabet, which finished 4, 2%.

The Philadelphia semiconductor index dropped 9.2%for its greatest drop in percentage since March 2020 and its biggest decline was Marvell Technology, which dropped by 19.1%.

American capital reductions followed a sale that started in Asia, the Japan SoftBank group finishing 8.3%, and moved to Europe where ASML dropped by 7%.

“If it is true that Deepseek is the proverbial” Better Mousetrap “, which could disrupt the whole story of the AI ​​which has helped to drive the markets in the past two years,” said Brian Jacobsen, economist in Chief of Annex Wealth Management in Menomonee Falls, Wisconsin.

“This could mean less demand for fleas, less need for a massive energy production construction to supply models and less need for large -scale data centers.”

The media threshing around AI has fueled an enormous influx of equity in equity in the last 18 months, inflating assessments and raising the stock markets to new heights.

Not more recently than Wednesday, the actions linked to the United States had joined strongly after President Donald Trump announced a private sector plan for what he said is an investment of $ 500 billion in the infrastructure of AI through a joint venture known as Stargate.

Since then, SoftBank has announced a commitment of $ 19 billion to help finance the Stargate business whose other donors include developer Chatgpt Openai and Oracle, whose shares finished down 13.8% on Monday.

Trump said on Monday that Deepseek should be “alarm clock” and could be a positive development.

During their risk escape on Monday, investors asked for obligations and state currencies with safe haven. The yield of the US cash cash flow at 10 years fell to 4.53% while in the currencies of the Yen of Japan and the Swiss franc joined the US dollar.

The increased volatility of technological actions will encourage banks to adjust their risk management, potentially hold fewer actions or manage positions more carefully while customers relax their assets, said a commercial framework that refused to be identified to discuss actions of his business.

Deepseek ‘Sputnik Moment’

After the release of the first Chinese equivalent Chatgpt, produced by the Baidu search engine giant, there was a great disappointment in China concerning the difference in AI capabilities between American and Chinese companies.

But the apparent quality and the efficiency of Deepseek models have changed this point of view, the leaders of Silicon Valley are showering on Deepseek-V3 and Deepseek-R1.

We know little about the Hangzhou startup behind Deepseek, whose majority shareholder is Liang Wenfeng, co-founder of the quantitative hedge flyer, based on files.

His researchers wrote in an article last month that the Deepseek-V3 model launched on January 10, used NVIDIA low-capacity H800 chips for training, spending less than $ 6 million.

Deepseek-R1, published last week, is 20 to 50 times cheaper to use than the O1 model of Openai, according to the task, according to an article on the official WeChat account of Deepseek.

Marc Andreessen, the venture capital of Silicon Valley, said in an article on X Sunday that the DEEPSEEK R1 model was the “Sputnik moment” of AI, referring to the launch by satellite of the former Soviet union which marked the start of the space race in the late 1950s.

“Deepseek R1 is one of the most amazing and impressive breakthroughs I have ever seen-and as a source, a deep gift for the world,” he said in a separate article.

However, Daniel Morgan, principal director of the portfolio at Synovus Trust Company, who holds nearly a million NVIDIA shares, qualified Seloff on Monday an excessive reaction.

Morgan said that because the Deepseek AI model is intended to be used on mobile phones and PCs rather than in data centers, he competes with Chatgpt, Meta Platforms and Alphabet’s Gemini.

“Real Money in AI provides fleas to (NVIDIA), micro advanced devices and Broadcom data centers,” said Morgan. “Overall, I consider the sale of Tech AI today as an opportunity to add high quality technological actions on weakness.”

However, NVIDIA fell $ 24.20 on Monday to end at $ 118.42. The action, now down 11.8% for the year to date, increased by 171% in 2024 and around 239% in 2023 to negotiate the value of its profits at 56 times, investors considered it as The best way to bet on the emergence of AI technology. NVIDIA shares increased 2.5% in trade after working hours on Monday.

Among other actions, Vertiv Holdings, which builds an infrastructure in the data center, dropped 29.9% on Monday.

Investors have also sold Power Utilities shares, which were recently strongly rallied in the hope of an increase in the demand for eagerly power centers necessary for AI.

Vistra shares dropped by 28.3% while Constellation Energy stocks dropped by 20.8% and NRG Energy lost 13.2%.

(Sinéar Carew additional report, Chuck Mikolajczak and Saeed Azhar in New York, Noel Randewich in San Francisco, Medha Singh in Bengaluru, Tom Westbrook and Ankur Banerjee in Singapore; Dhara Ranasinghe Graphics and Amanda Cooper in London; Editing by Arun Koyyur , Mark Porter, Megan Davies and Matthew Lewis)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

31 Instances of Artificial Intelligence in Finance for 2024

July 5, 2025

AI Monitor – Latest Updates

July 5, 2025

New Financial Initiative Deeply Rooted in Blue-Collar Heritage in Lloyd

July 5, 2025
Leave A Reply Cancel Reply

Latest news

Revolutionizing Financial Technology with Tran Startup

July 6, 2025

Funding for India’s fintech sector declines by 26% in the first half of 2025, with strong early-stage investments, according to a report.

July 5, 2025

31 Instances of Artificial Intelligence in Finance for 2024

July 5, 2025
News
  • AI in Finance (1,331)
  • Breaking News (154)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (188)
  • Market Rumors (241)
  • Regulatory Updates (149)
  • Startup News (891)
  • Technology Innovations (152)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,331)
  • Breaking News (154)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (188)
  • Market Rumors (241)
  • Regulatory Updates (149)
  • Startup News (891)
  • Technology Innovations (152)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.