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U.S. stock early market | The three major Indexes surged, with the Nasdaq up over 1%, Technology giants generally rose, Apple increased nearly 3% again, and Amazon and Meta both reached new highs.
US stocks opened higher on Tuesday, with the Nasdaq and S&P Index attempting a rebound after a sharp decline yesterday. The market continues to evaluate the potential impact of China's startup DeepSeek and its low-cost, high-performance AI large model on US stock AI Trading. Investors are also focusing on the Earnings Reports from Technology stocks such as Microsoft and Apple, as well as the Federal Reserve's monetary policy meeting.
Nvidia, Broadcom, Vistra, Boeing, GM, and More Stock Market Movers
Express News | Vistra up 6.1%, Constellation Energy up 4.4%, Ge Vernova up 3.7%
Express News | Shares of Power and Equipment Companies Rise Premarket Following Selloff in Al-Linked Stocks on Monday
The logic of Electric Power stocks also collapsed under DeepSeek.
Analysts point out that the bullish logic of independent power producers and most Multiline Utilities companies relies entirely on Datacenters. The emergence of DeepSeek may indicate that large Technology companies are overspending on electrical utilities for AI plans. If reality shows that "smaller" Datacenters are just as good, then their upward momentum may temporarily cool.
The Chinese AI that is more popular than ChatGPT! DeepSeek's 'Energy efficiency bomb' has shaken the American stock market's Energy Sector.
Stocks of American Electric Power, utilities, and Henry Hub Natural Gas companies experienced one of the largest single-day declines on record, as new AI technology launched by the Chinese startup DeepSeek raised doubts about the expected surge in American electric demand and technology spending.