31 January 2025
Markets recover after DeepSeek jolt as Fed keeps rates on holdThe Nasdaq Composite and benchmark S&P 500 indices were knocked-off course this week by a relatively unknown Chinese AI (artificial intelligence) upstart DeepSeek, which has developed a LLM (Large Language Model) for a fraction of the cost of traditional AI models.
Semiconductor chips stocks and AI-related energy names saw heavy selling as...