BlackRock's Rick Rieder was a buyer of certain names during tech's 'watershed event' this week

CNBC

Summary

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The news hammered tech firms Monday, with US chip giant and market darling Nvidia collapsing almost 17 percent and wiping almost $600 billion from its market capitalisation -- a record single-day loss for a publicly traded company.
International Business Times
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After a 17 per cent drop on Monday, the chipmaker’s shares rose nine per cent on Tuesday
The Independent
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Nvidia has managed to recoup some of its losses after a disastrous day of trading, which saw tech stocks across the board rocked by the entry of Chinese chatbot DeepSeek into the AI space.
Newsweek
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DeepSeek's introduction in the U.S. on Monday saw it quickly become the most downloaded free application in the country on Apple's app store.
CBS News

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updated 88:88

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