NVIDIA CorporationNVDA
Mentioned
Impact on assets 2
Artificial Intelligence
NVIDIA CorporationConsumer Staples
Constellation Brands Inc Class ASTZ
Mentioned
NVIDIA CorporationConstellation Brands Inc Class AChinese artificial intelligence group DeepSeek is set to raise at least 80 billion yuan, or $12 billion, in a funding round backed by Tencent and CATL, according to Bloomberg News. The company had initially sought 50 billion yuan, but investor demand far exceeded expectations, and the final tally could rise as high as 100 billion yuan. DeepSeek, which shot to fame with its R1 open-source AI model in 2025, is regarded as one of China's most advanced AI labs, and earlier reports placed its valuation at about $74 billion. Investors are also closely watching the startup's plans to seek a public listing. In other market news, Gulf oil exporters surpassed pre-war export levels for roughly half of September, with the seven-day moving average for crude exports from the region at 18.3 million barrels per day on September 30, and Constellation Brands is due to report quarterly results after the closing bell, with comparable operating profit tipped at $872.3 million on comparable net sales of $2.53 billion.
NVIDIA CorporationConstellation Brands Inc Class A