DeepSeek R1 began making waves in the AI world when it launched last week. Chinese developer DeepSeek touted it as a freely available simulated reasoning model ...
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Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple earnings.
The major indexes rose toward record highs Thursday with Tesla regaining a key level. Apple earnings beat views late.
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