The AI Model That Tanked the Stock Market

The average person can enter a stock trade on their computer, hit refresh, and the trade is done. As fast as that seems, there are professional traders moving even faster, executing thousands of trades per second. Over the years, the need for speed got so intense that competing f ...  Show more

'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons. Watch the show LIVE on Bloomberg Televisio ...  Show more

MRKT Matrix - Monday, January 27th S&P 500 slides, Nasdaq drops 3% in sharp AI stock sell-off spurred by China's DeepSeek (CNBC) What Is China’s DeepSeek and Why Is It Freaking Out the AI World? (Bloomberg) Nvidia’s $560 Billion DeepSeek Rout Is Largest in Market History (Bloombe ...  Show more

Today, we’re diving into a listener’s question about the new artificial intelligence chatbot on the scene. Chinese start-up DeepSeek’s AI model is said to be more cost-effective, less complex, and in some ways, just plain better than OpenAI’s ChatGPT. We’ll explain why the stock ...  Show more

Last week, the Chinese company DeepSeek debuted a new AI model -- and overturned years of conventional wisdom about what it takes to build great AI. The shock unleashed a $1 trillion bloodbath on Wall Street. WSJ’s Stu Woo and WSJ’s Gunjan Banerji unpack DeepSeek's achievement an ...  Show more

Today Jack is joined by an anonymous trader known only by their Twitter handle @Citrini7, who has the absolute “hottest hand” when it comes to picking Artificial Intelligence (AI) stocks. Citrini is very optimistic about the boost that the adoption of AI will provide to semicondu ...  Show more