this post was submitted on 27 Jan 2025
48 points (90.0% liked)

World News

383 readers
557 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 9 months ago
MODERATORS
 

Chinese artificial intelligence startup DeepSeek’s latest AI model sparked a $1 trillion rout in US and European technology stocks, as investors questioned bloated valuations for some of America’s biggest companies.

you are viewing a single comment's thread
view the rest of the comments
[–] OmegaLemmy@discuss.online 8 points 5 months ago

I thought everyone knew stocks were all vibes by now, private market might improve with competition but a public stock will always pick the most flashy option even if it's shit just for appeal or they quite literally lose everything if it goes slightly wrong