Alas Poor Erinaceus@lemmy.ml to Technology@lemmy.mlEnglish · 1 month ago‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotwww.theguardian.comexternal-linkmessage-square97fedilinkarrow-up1421arrow-down111cross-posted to: technology@beehaw.org
arrow-up1410arrow-down1external-link‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotwww.theguardian.comAlas Poor Erinaceus@lemmy.ml to Technology@lemmy.mlEnglish · 1 month agomessage-square97fedilinkcross-posted to: technology@beehaw.org
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up24·edit-21 month agoThe money went back into the hands of all the people and money managers who sold their stocks today. Edit: I expected a bloodbath in the markets with the rhetoric in this article, but the NASDAQ only lost 3% and the DJIA was positive today… Nvidia was significantly over-valued and was due for this. I think most people who are paying attention knew that
minus-squareshootwhatsmyname@lemm.eelinkfedilinkEnglisharrow-up9arrow-down2·1 month agoThere’s been a lot of disproportionate hype around deepseek lately
minus-squareHexadecimalkink@lemmy.mllinkfedilinkarrow-up2·1 month agoTrump counterbalance keeping it in check but my gut is saying once tariffs come in February there’s going to be a market correction. Pure speculation on my part.
minus-squaresomeacnt@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 month agoTo be fair, NQ futures momentarily dropped 5% before recovering some. A few days from now on would be interesting.
The money went back into the hands of all the people and money managers who sold their stocks today.
Edit: I expected a bloodbath in the markets with the rhetoric in this article, but the NASDAQ only lost 3% and the DJIA was positive today…
Nvidia was significantly over-valued and was due for this. I think most people who are paying attention knew that
There’s been a lot of disproportionate hype around deepseek lately
Trump counterbalance keeping it in check but my gut is saying once tariffs come in February there’s going to be a market correction. Pure speculation on my part.
To be fair, NQ futures momentarily dropped 5% before recovering some. A few days from now on would be interesting.