Nasdaq futures slide on new AI model concern


Cautious approach: People walk along a footbridge in the central district of Hong Kong. S&P 500 futures were down here as much as 1% and contracts on the Nasdaq 100 slid 1.9% as losses extend from last Friday, when US equities slumped in cash trading. — Bloomberg

SHANGHAI: US stock index futures tumbled in early Asian trading hours yesterday amid concerns that an artificial intelligence (AI) model from China’s DeepSeek may disrupt the tech market.

S&P 500 futures fell as much as 1% as in Hong Kong, while contracts on the Nasdaq 100 dropped as much as 1.9%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Technology , AI , DeepSeek , Nvidia , chip , disrupt , Nasdaq

Next In Business News

PMCK records RM5.83mil 2Q profit, declares 0.12 sen dividend
Bursa Malaysia to close for Christmas and New Year holidays
FBM KLCI hits 16-month peak, ringgit at five-year high
ACE Market-bound SBS Nexus to raise RM30.63mil from IPO
Nestle's stake in L'Oreal is a financial investment, Nestle CEO says
Stratus Global eyes Main Market listing
Six enterprises face possible penalties for alleged bid-rigging cartel
Thailand's baht, Malaysian ringgit hit multi-year highs; Singapore stocks at fresh peak
Amova AM to raise stake in AHAM Asset Management to 97.7%
Stocks, precious metals rise; yen on intervention watch

Others Also Read