Futures tumble as China's DeepSeek up-end Nvidia and AI stocks. Tesla, Meta, Microsoft and Apple headline earnings this week.

DeepSeek has produced an open-source AI model that could rival ChatGPT while being significantly cheaper to produce.

AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.

British equities gave a muted opening on Monday, with industrial metal miners pulling the FTSE 100 down by 0.2%, as investors anticipate the Federal Reserve’s rate decision. The FTSE 250 lost 0.6%, impacted by popular low-cost Chinese AI models,

Global equity funds gained a fourth weekly inflow in five weeks in the week through Jan. 22 spurred by optimism for U.S. Federal Reserve rate cuts following cooling inflation and President Donald Trump's plans for extensive AI infrastructure spending.

The second Trump term will likely create economic volatility, but financials, consumer discretionary, industrials are sectors expected to benefit, alongside AI and small caps, note the analysts.

S&P 500 steady as Meta rises on AI goals and Boeing warns of losses. Mixed economic data keeps traders cautious ahead of the Federal Reserve meeting.

The S&P500 and Nasdaq traded lower as well, and futures, especially Nasdaq futures, are looking pretty bad this morning with a more than 2% slide at the time of writing hammered by the news that the Chinese startup DeepSeek could run its latest AI model on less advanced

Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.

Asian markets and US futures fell as investors reacted to China's DeepSeek releasing an AI model to compete with OpenAI's ChatGPT. This has sparked concerns over US tech supremacy. Meanwhile, Trump's tariffs affected currencies,

Investing.com – US stock index futures slumped Monday, with the tech sector hard hit as investors weighed the implications of competition from Chinese AI startup DeepSeek on richly valued sector.

During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.