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

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Vijay Rakesh Maintained (TXN) at Neutral with Decreased Target to $190 on, Jan 24th, 2025

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William Power Upgraded (TWLO) to Outperform and Increased Target to $160 on, Jan 24th, 2025

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Michael Turrin Maintained (TWLO) at Overweight with Increased Target to $155 on, Jan 24th, 2025

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Mark Murphy Maintained (TWLO) at Overweight with Increased Target to $130 on, Jan 24th, 2025

[ Mon, Jan 27th ] - Newsweek

Newsweek's Chief Content Officer Dayan Candappa on Transformational Journalism

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 ]

Contributing Sources

CoinTelegraph

N@N

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