this post was submitted on 27 Jan 2025
48 points (90.0% liked)

World News

937 readers
1 users here now

Rules:
Be a decent person, don't post hate.

Other Great Communities:

Rules

Be excellent to each other

founded 1 year ago
MODERATORS
Deceptichum@quokk.au
Grainne@lemmy.dbzer0.com
PhilipTheBucket@quokk.au
48
DeepSeek Buzz Puts Tech Shares on Track for $1 Trillion Drop (finance.yahoo.com)
submitted 10 months ago by OppaGundamStyle@discuss.tchncs.de to c/world@quokk.au
12 comments fedilink hide all child comments
 

Chinese artificial intelligence startup DeepSeek’s latest AI model sparked a $1 trillion rout in US and European technology stocks, as investors questioned bloated valuations for some of America’s biggest companies.

you are viewing a single comment's thread
view the rest of the comments
[–] OppaGundamStyle@discuss.tchncs.de 1 points 10 months ago

The market is correcting because the AI bubble is gonna pop and someone needs to be left holding the bag.