Following Monday’s rout triggered by the sudden success of Chinese AI company, DeepSeek, to threaten ChatGPT’s dominance, tech stocks on Tuesday mounted a rebound. <\/p>\n\n\n\n
Many beaten up stocks recovered some of their losses, starting with bellwether Nvidia<\/a>, which rallied 8.93%. Meanwhile, Apple<\/a> extended its gains by advancing another 3.65%, Royal Caribbean<\/a> surged 12%, but Lockheed Martin<\/a> slid 9.18% and GM<\/a> fell 8.89%. The Nasdaq rose 2.03%, the S&P 0.92% and the Dow 0.31%. The U.S. 10-year yield edged up to 4.534% while Bitcoin gave back US$300 to US$101,000.<\/p>\n\n\n\n In Toronto, tech outstripped all sectors and outweighed losses in energy and utilities to lift the TSX 0.52% higher (or 130 points). Key names: Shopify<\/a> up 9.62%, Celestica<\/a> 8.23%, BlackBerry<\/a> 6.37%, CNQ<\/a> -1.68% and Royal Bank<\/a> adding 0.48% as the most influential name. Gold increased US$22 to US$2,763 an ounce while WTI climbed over 1% to US$74 a barrel. Investors are waiting for the latest earnings from several of the Magnificent 7 tech giants in the days to come.<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +8.93%<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> +3.65%<\/p>\n\n\n\n 🚢 Royal Caribbean Cruises\u00a0(RCL-N)<\/a> +12%<\/p>\n\n\n\n ✈ Lockheed Martin\u00a0(LMT-N)<\/a> -9.18%<\/p>\n\n\n\n 🚘 General Motors Corporation\u00a0(GM-N)<\/a> -8.89%<\/p>\n\n\n\n 🛍 Shopify Inc.\u00a0(SHOP-T)<\/a> +9.62%<\/p>\n\n\n\n 🧬 Celestica Inc\u00a0(CLS-T)<\/a> +8.23%<\/p>\n\n\n\n 📱 BlackBerry\u00a0(BB-T)<\/a> +6.37%<\/p>\n\n\n\n 🛢Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.68%<\/p>\n\n\n\n