The trading week saw significant movements in AI-driven stocks globally. Chinese startup DeepSeek caused market turbulence with its new AI assistant, leading to a $600 billion drop in Nvidia's valuation as investors feared competition. Meanwhile, U.S. AI education platform Duolingo surged 53% in 2025 due to record user growth and efficient operations.

Trade tensions impacted markets as President Trump announced a $500 billion AI infrastructure plan involving OpenAI and Oracle, aiming to counter China's tech rise. Analysts noted renewed optimism in June after May's recovery, with Deutsche Bank raising S&P 500 targets to 6,550.

Retail investors flocked to quantum computing stocks like Quantum Computing Inc., while AI regulation debates intensified following DeepSeek's breakthrough. Markets now watch for summer rate cuts and new AI export controls from Washington.