Apple remains most valuable company heading into earnings, while tech stocks take a hit.

From Dow Jones & Company: 2025-01-30 11:04:43

Apple stock remains steady, while Nvidia drops. Apple holds the title of most valuable company heading into earnings.

Investors react to reports of DeepSeek, a Chinese AI model created with fewer resources than leading U.S. models.

Tech stocks in the Magnificent 7 group take a hit as DeepSeek reportedly develops a ChatGPT-like AI model for only $5.6 million, much less than what tech giants have spent on AI projects.

Read more: Apple Heads Into Earnings as the Most Valuable Company