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What Is China's DeepSeek; Why AI Tech Stocks Falling? | Bloomberg The Pulse
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January 27, 2025
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41:01Now PlayingGlobal equities retreated as Chinese AI startup DeepSeek threatened to disrupt US firms’ artificial intelligence dominance. DeepSeek’s latest AI model comes as four of the Mag-7 tech stockS post results later this week, with traders watching how the companies will defend their generous AI spending. DeepSeek is seen by some as cost-effective while running on less-advanced chips, posing a challenge to US industry leaders like Nvidia Corp. and their sky-high valuations. Meanwhile, Colombian traders are bracing for a volatile session on Monday as the South American nation reversed its decision to reject the return of the migrants after Trump announced an emergency 25% tariff on all Colombian goods coming into the US.
Today's guests: Emmanuel Cau, Barclays Bank; Clemens Fuest, IFO Institute President; Piers Hillier, Royal London Asset Management CIO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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