Apple closes up amid US tech stock washout from China AI startup DeepSeek

Stocks and Investing Stocks and Investing

Tue, January 28, 2025

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[ Tue, Jan 28th ] - Investing

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Infosys co-founder and former CEO Kris Gopalakrishnan among 18 booked under SC/ST Act in Karnataka

[ Mon, Jan 27th ] - CoinTelegraph

Apple closes up amid US tech stock washout from China AI startup DeepSeek

^{Published on 2025-01-27 23:21:07 - CoinTelegraph}

Apple was one of the few "magnificent seven" tech stocks that withstood a broader market fallout spurred by Chinese AI firm DeepSeek's latest model.

The article from Cointelegraph discusses the recent performance of Apple Inc. and other tech stocks, alongside developments in the AI sector. Apple's shares saw a rise, contrasting with a general decline in tech stocks. This uptick in Apple's stock price was influenced by positive market reactions to their latest product announcements and quarterly earnings, which exceeded expectations. Meanwhile, other tech companies experienced downturns due to various factors including regulatory concerns, disappointing earnings, and broader market trends. Additionally, the article touches on DeepSeek AI, a new player in the AI industry, which has introduced innovative AI models aimed at enhancing data analysis and machine learning capabilities, potentially impacting the tech landscape. This juxtaposition highlights the volatile nature of tech stocks and the growing influence of AI technology in the market.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/apple-shares-rise-tech-stocks-fall-deepseek-ai ]

N@N

Apple closes up amid US tech stock washout from China AI startup DeepSeek