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U.S. stock market early session | DeepSeek's technological breakthrough triggers market panic! Chip stocks collectively decline, with NVIDIA dropping over 12%; some Chinese concept stocks and AI application stocks rise against the trend, with Dada surging
DeepSeek's technological breakthrough has caused market panic, as investors realize that competitive AI models can be produced at extremely low costs, potentially leading to a burst of the AI Stocks bubble. Several large Technology companies will release their Earnings Reports this week.
Orion Expands Real-Time, Cloud-Based Data Sharing With Snowflake
Snowflake to Present at Upcoming Investor Conferences
Snowflake to Announce Financial Results for the Fourth Quarter and Full Year of Fiscal 2025 on February 26, 2025
Omdia: The AI Software market is expected to reach 97 billion dollars in 2024, a year-on-year increase of 32%.
This year's optimistic forecast for budget growth on AI by enterprises (73% and above) has been reduced due to the unexpected complexity of the AI adoption process, and some of the budget may be shifted to 2025.
Is Snowflake Inc. (SNOW) the Best SaaS Stock to Invest In?