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Top Stock Market Highlights of the Week: China’s DeepSeek, DBS Group and Mapletree Investments
By The Smart Investor  •  February 1, 2025
Welcome to this week’s edition of top stock market highlights.

China’s DeepSeek

China stunned the artificial intelligence (AI) world with the release of DeepSeek, a new AI tool that purportedly boasts the same capabilities as some of the world’s best AI engines. The clincher is that these capabilities were developed at a fraction of the cost incurred by large technology companies such as Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL), and Meta Platforms (NASDAQ: META). DeepSeek was reportedly built for less than US$6 million, but analysts have expressed doubts over this figure as they wonder if it accounted for prior research, development, and other expenses. Nvidia (NASDAQ: NVDA), along with other technology firms, suffered a sharp plunge as part of a global sell-off as investors questioned the US’s leadership in the AI sector and whether these trillion-dollar companies could stay competitive. In particular, Nvidia, which manufactures graphics processing units (GPUs) that are used to train the AI...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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