Wall Street is looking to claw back some of yesterday's steep tech-lead declines with megacap earnings and a Fed meeting in focus.

Nvidia closed higher on Tuesday as some investors seized an opportunity to buy the chip giant at a discount following its record wipeout on Monday.

In fact, this is a shortsighted view that misses the significant benefits that DeepSeek represents for the U.S. economy and for businesses worldwide. What’s exciting is that the

Investors aren’t ignoring the upsides of cheaper AI models despite Monday’s DeepSeek-inspired stock-market panic.

The Chinese company DeepSeek sent markets spiraling lower on fears over artificial-intelligence spending, but earnings season should steady the boat. Over the weekend, viral posts indicated that DeepSeek had recreated OpenAI’s technology in the form of its R1 model for only $6 million,

The stock market was sent reeling earlier this week as Chinese AI startup DeepSeek unleashed chaos, triggering a $1 trillion tech selloff that erased $600 billion from Nvidia’s (NVDA) market value in a single day.

In this latest installment of Opening Bid, Jason Thomas of Carlyle weighed in on what the arrival of DeepSeek might imply for markets and its competitors like Nvidia.