Reported 2 days ago
A recent market sell-off, triggered by news from the Chinese AI company DeepSeek, has raised investor concerns about competition affecting Big Tech's earnings, particularly for companies like Nvidia. The decline in stock prices across major tech firms underscores the risks associated with high valuations and reliance on continual earnings growth, as the 'Magnificent Seven' expected earnings growth may slow in 2025. Analysts warn the sell-off reflects a deeper uncertainty in a market heavily concentrated in AI-driven stocks, prompting questions about the sustainability of previous growth rates.
Source: YAHOO