Asia shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzy
- Asia shares showed mixed results after a selloff in U.S. Tech stocks, with Japan's Nikkei 225 losing 1.5% and Hong Kong's Hang Seng rising 0.1%.
- DeepSeek, a Chinese AI company, launched a competitive language model, causing a significant drop in AI-related stocks globally, including a record loss for Nvidia.
- Fuji Media Holdings' stock rose 1% following a lengthy news conference where executives resigned over a scandal, while other tech stocks had mixed performance.
- Investors reacted sharply to the selloff, with retail investors purchasing $562.2 million in Nvidia shares, indicating significant market volatility.
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Total News Sources0
Leaning Left5Leaning Right4Center12Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 24%
C 57%
R 19%
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