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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.

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[-] OmegaLemmy@discuss.online 8 points 2 days ago

I thought everyone knew stocks were all vibes by now, private market might improve with competition but a public stock will always pick the most flashy option even if it's shit just for appeal or they quite literally lose everything if it goes slightly wrong

this post was submitted on 27 Jan 2025
48 points (91.4% liked)

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