Deepseek Shakes Big Tech
Dan Ives, Managing Director, Wedbush Securities
28-Jan-25 07:45
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US stocks plunged on Monday with Wall Street darling Nvidia down 17% after the surprise emergence of a low-cost artificial intelligence model by Chinese start up, DeepSeek. Dan Ives, Managing Director, Wedbush Securities tells us whether this start up will cause the the end of the tech bull cycle whilst giving us a preview of the results of the Magnificent 7.
Image Credit: Shutterstock.com
Produced by: Natalie Tan, Tun Hizami Hashim
Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See
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Categories: markets, technology, economy, international, investments
Tags: Deepseek, ai, wall street, nvidia, big tech, equity markets, investment strategy, magnificient 7,