No Data
Express News | Trump: This Could Be a Positive Development
Express News | Trump: Chinese Startup Deepseek Should Be a Wakeup Call
Express News | Trump: It's Good That Companies in China Have Come up With a Faster Method of Artificial Intelligence
Transaction Amount TOP 20 | NVIDIA fell sharply by nearly 17%, with a Market Cap shrinking by nearly 600 billion USD; Apple rose more than 3%, regaining the title of the largest Global Market Cap company.
On Monday, NVIDIA ranked first in U.S. stock trading with a significant drop of 16.97%, trading at 97.17 billion USD. Today, the company's market cap shrank by nearly 600 billion USD (592.7 billion USD), setting a record for the highest single-day market cap loss for an individual stock in the U.S. A Chinese AI startup, DeepSeek, has released an open-source AI model. It is reported that the model outperforms OpenAI in multiple tests. The company launched an open-source large language model in December, claiming its investment was less than 6 million USD. Although Wall Street questions this figure, the emergence of this startup has made investors realize the potential for building a
U.S. stocks closed | DeepSeek impacts Global computing power! The Dow Jones stood out, while the Nasdaq fell more than 3%, and NVIDIA plunged nearly 17%.
The Chip Index plummeted over 9%, Broadcom fell over 17%, Taiwan Semiconductor dropped over 13%, AMD and ASML Holding decreased by about 6%, and Oklo, a nuclear power stock that Altman bet on, fell nearly 26%.
NVIDIA's stock plummeted nearly 17%, and the wealth of technology giants led by Jensen Huang has significantly shrunk.
On January 28, Glonhui reported that NVIDIA's stock price plummeted nearly 17%, resulting in a record Market Cap loss of 589 billion USD. According to Forbes, the company's CEO and largest individual shareholder, Jensen Huang, saw his net worth shrink by 20.8 billion USD, dropping from 124.4 billion USD to 103.7 billion USD, falling from 10th to 17th place on Forbes' real-time billionaire ranking. Oracle dropped 14%, and Chairman Larry Ellison's net worth decreased by 27.6 billion USD, dropping from third to fifth on the Global Billionaires list. The Bloomberg Billionaires Index showed that the world's top 500 billionaires collectively lost 108 billion USD on Monday.