Wall Street was set to drop at the open on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.

Chinese AI DeepSeek rattles Silicon Valley. Meta offering creators deals to promote Instagram on other apps: report. Diversified Energy nears $1.3B deal for Permian Basin natural gas player.

Wall Street is expected to open lower on Monday on the back of the arrival of DeepSeek, a ChatGPT rival that venture capitalist Marc Andreessen has described as "AI's Sputnik moment." We take a look a

Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost.

U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday, quoting people familiar with the discussions. Trump has expressed interest in traveling to China in his ...

The soon-to-be 47th president, who will be sworn in on Monday, voiced interest in traveling to China within his first 100 days in office.

U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday, quoting people familiar with the discussions.

Existing home sales climbed 2.2% in December to a seasonally adjusted annual rate of 4.24 million, according to the National Association of Realtors, the strongest pace since February 2024. Economists polled by Bloomberg expected existing home sales to hit a pace of 4.2 million in December.

Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.

In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.

Chinese officials are looking into selling the U.S. operations of TikTok to Elon Musk if the social media firm ultimately gets banned here, according to reports.