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News@lemmy.world • 2 months ago

DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

cross-posted to:
technology@lemmit.online

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DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

@return2ozma@lemmy.world to

News@lemmy.world • 2 months ago

cross-posted to:
technology@lemmit.online

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.

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@QuantumSparkles@sh.itjust.works
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21•2 months ago
Won’t somebody think of the billionaires?
- @fine_sandy_bottom@discuss.tchncs.de
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  13•2 months ago
  The universal truth with anything to do with money is that the have nots do the heavy lifting.
  
  Rain, hail, or shine, it’s the working class that bear the brunt.

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