Market Share

• DeepSeek experienced the most significant growth among U.S. generative AI chatbots in July 2026 relative to its size. • This surge was driven by the April 24 launch of DeepSeek V4, an open-source frontier model featuring highly competitive pricing at $0.14 per million tokens. • The model's cost-efficiency is attracting developers and organizations that were previously priced out of more expensive proprietary AI alternatives.

• The China Securities Regulatory Commission (CSRC) chairman has vowed to maintain a "stable market" following a rebound in A-shares driven by concerted buying. • This commitment follows a strategic meeting between the CSRC and investor representatives aimed at boosting confidence in the domestic stock market. • The rapid government intervention highlights Beijing's belief that the onshore yuan-denominated market is essential for funding technological innovation and economic growth.

• Asian stock markets remained hesitant as rising oil prices, driven by escalating conflict in the Gulf, sparked renewed concerns over global inflation. • The surge in energy costs is influencing expectations regarding the Federal Reserve's timeline for potential interest rate hikes. • South Korea's market suffered significant losses following a squeeze on retail investors, adding to regional volatility.

• The Indian stock market experienced a significant rally, with the BSE Sensex surging by more than 900 points. • Simultaneously, the Nifty50 index climbed to trade above the 24,300 level, reflecting strong bullish momentum. • This surge indicates high investor confidence and positive market sentiment across key Indian benchmarks.

• Asian stock markets plummeted on Friday, led by Tokyo's Nikkei 225, which dropped more than 5% due to heavy selling of AI-related shares and computer chipmakers. • Taiwan's markets saw a significant decline of 5.9%, following news that TSMC, the world's largest contract chip manufacturer, intends to invest an additional $100 billion in U.S. fabrication plants. • This downturn reflects a broader global trend where slumping AI stocks are dragging world markets lower, signaling a shift in investor sentiment toward the tech sector.

• European shares traded slightly lower as investors balanced positive corporate earnings and merger activity against rising geopolitical tensions in the Middle East. • Key market movements included gains for ASML and Publicis due to strong demand, while ABB announced a major acquisition and Delivery Hero received a takeover offer. • The dip reflects ongoing investor concerns regarding energy inflation triggered by Middle East instability, which offsets the optimism from individual company successes.

• European shares remained flat on Wednesday, with the pan-European STOXX 600 index holding steady at 641.83 points. • Market stability was driven by a conflict between positive corporate earnings and geopolitical instability, specifically escalating tensions in the Middle East. • Strong financial results from chip equipment manufacturer ASML and luxury goods group Richemont (owner of Cartier) provided upward pressure on the markets.