AI doubts lead to Nvidia stock crash and Nasdaq plunge, dollar rebounds

From Investing.com: 2025-01-28 06:39:00

Nvidia stock crashes, Nasdaq plunges by 3% after DeepSeek sparks AI doubts. Tech stocks invested in AI sink as Chinese startup DeepSeek challenges US AI models like ChatGPT with cheaper technology.

Trump renews tariff threats, prompting flight to safety as dollar rebounds. Tariffs of up to 20% on US imports proposed, adding to investor caution. Microsoft in talks to buy TikTok, signaling tough stance on China.

Panic eases as investors await key central bank decisions. Tech stock selloff due to AI concerns may lead to more volatility. Earnings season and central bank policy announcements could trigger further market swings.



Read more at Investing.com: AI Selloff Sinks Nvidia Ahead of Tech Earnings, US Dollar Bounces Back