US Stock Futures Tumble As DeepSeek Buzz Jolts Big Tech: Expert Says The Chinese AI Model Is Yet To Prove Its Viability At Lower Cost In Long Term - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
1. DeepSeek's emergence challenges high-cost AI strategies of tech giants. 2. Nasdaq 100 dropped over 4.3%, impacting tech stock prices. 3. Amazon's stock fell 5.68% amid rising competitive threats. 4. Upcoming earnings reports could influence Amazon's financial outlook. 5. S&P Global Services PMI dropped, suggesting economic slowdown.