Power stocks plunge as energy needs called into question because of new China AI lab

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  DeepSeek Is the Wake-up Call Our AI Overlords Needed

  I’m going to ask the question out loud that we’re all asking internally.
  
  Inc. - 3h

• AI stocks plunge as China's DeepSeek sends shock wave through Wall Street

  A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
  
  CBS News - 22h

• Trump calls China's DeepSeek AI a "wake-up call"

  The sudden rise of a Chinese startup called DeepSeek sent U.S. tech stocks tumbling Monday. DeepSeek says it created an artificial intelligence model in much less time and for much less money than ...
  
  CBS News - 9h

• Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’

  Nvidia called DeepSeek's R1 model "an excellent AI advancement," despite the Chinese startup's emergence causing the chipmaker's stock price to plunge 17%.
  
  CNBC - 10h
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  Trump says China’s DeepSeek AI chatbot is a ‘wake-up call’

  Emergence of cheaper Chinese rival has wiped $1tn off the value of leading US tech companies. What is DeepSeek and why did US tech stocks fall? Business live – latest updates Donald Trump ...
  
  The Guardian - 16h
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  Tech stocks slump as China’s DeepSeek stokes fears over AI spending

  Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’
  
  Financial Times - 1d
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  After new CIA finding, China says 'extremely unlikely' COVID-19 came from a lab

  China on Monday dismissed the possibility that the virus that caused COVID-19 leaked from a lab, after the CIA said it now favors the so-called lab leak theory over natural transmission. “It is ...
  
  The Hill - 1d
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  Tech stocks drop amid rise of China's DeepSeek AI model

  Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity.  Nvidia, ...
  
  The Hill - 1d
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  Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power

  Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.
  
  The Wall Street Journal - Jan. 1

More from CNBC

• U.S. Navy bans use of DeepSeek due to 'security and ethical concerns'

  The U.S. Navy issued a warning to its members to avoid using DeepSeek "in any capacity," due to "potential security and ethical concerns."
  
  CNBC - 1h

• Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

  Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.
  
  CNBC - 50m

• The Fed meets for the first time since Trump's term started. Here's what to expect

  If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.
  
  CNBC - 1h

• Trump administration offering buyouts to nearly all federal workers

  The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.
  
  CNBC - 55m

• Judge pauses Trump funding freeze order until Feb. 3

  A federal judge has paused a Trump administration order that would have frozen the issuance of existing federal grants and loans until agencies vetted them.
  
  CNBC - 1h

More in Business

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  US judge blocks Trump’s plan to freeze federal grants and loans

  Temporary order caps day of chaos as White House forced to clarify move to halt government programmes
  
  Financial Times - 14m

• Nucor CEO says he's optimistic about what Trump policies mean for steel trade

  In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what Trump's tariff policies mean for the U.S. steel industry.
  
  CNBC - 22m

• Steve Cohen says AI will be decadeslong theme, but Monday proves it won't be a 'straight line'

  Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.
  
  CNBC - 24m

• White House freeze on federal aid will not affect student loans, Education Department says

  The Education Department said Trump's freeze on federal aid will not affect federal Pell Grants and student loans.
  
  CNBC - 28m

• From DEI to abortion, these 7 questions from Trump administration hint at what federal funds it seeks to freeze

  A memo suggests federally-funded programs related to supporting “illegal aliens,” foreign assistance, the U.S. International Climate Finance Plan, placing a “burden” on the use of domestic energy ...
  
  MarketWatch - 36m