DeepSeek AI Sparks Major Sell-off in Big Tech Stocks

Reported 1 day ago

The release of the Chinese AI chatbot DeepSeek has triggered a significant sell-off in the US stock market, raising concerns about the future of Big Tech companies, especially during earnings season for the Magnificent Seven. This market volatility is compounded by upcoming economic data and the Federal Reserve's interest rate decision, leaving investors apprehensive.

Source: YAHOO

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