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News@lemmy.world • 3 months ago

DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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News@lemmy.world • 3 months ago

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.

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The stock market: where everything is made up and the points somehow still matter.
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  You’re gonna wanna sit down. I have some news for you about currency.
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