S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Published On Jan 27, 2025, 6:06 PM
The stock market has shown little movement in pre-market trading following a significant sell-off influenced by the emergence of the Chinese AI startup DeepSeek. This new competitor raises concerns for tech companies deeply invested in artificial intelligence, resulting in significant declines in shares of companies like Nvidia, which lost 17% in value in a single day. Despite this, some stocks, including Nvidia, are attempting to recover in after-hours trading. Investors are also bracing for incoming corporate earnings reports from major companies, which will further impact market sentiment.
Stock Forecasts
NVDA
Positive
The sell-off of Nvidia and concerns regarding the AI landscape raise uncertainty in the sector. However, Nvidia's attempt to recover could indicate investor confidence in its long-term viability, suggesting potential buying opportunities despite recent volatility.
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