Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off
Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off
www.cnbc.com Nvidia drops nearly 17% as China's cheaper AI model DeepSeek sparks global tech sell-off
DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.
cross-posted from: https://lemm.ee/post/53805638
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What the fuck are markets when you can automate making money on them???
Ive been WTF about the stock market for a long time but now it's obviously a scam.
The stock market is nothing more than a barometer for the relative peace of mind of rich people.
Economics is a social science not a hard science, it's highly reactive to rumors and speculation. The stock market kind of does just run on vibes.
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