The president and founder of Emj Capital, Eric Jackson, analyzes the difficult competition of AI, the future of Stargate and the cybersecurity of cryptocurrencies under the Trump administration.
America has race among us, the technological titans, were suckled after AI Chinese Deepseek application crashed on the stage, sending investors in reverse.
The Nasdaq composite, heavy with technology, almost erased its earnings for the year, down 3% on Monday.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| I: Comp | Nasdaq composite index | 19341.833835 | -612.47 |
-3.07% |
| SP500 | S&P 500 | 6012.28 | -88.96 |
-1.46% |
The Deepseek model seems capable of corresponding to the capacity of chatbots Like the Openai Chatpt and Meta Lama But to a fraction of the cost of development. He also went to No. 1 on the Apple App Store this weekend. It would also be able to use chips with reduced capacity of Nvidia.
Silicon Valley rents the Deepseek application of China
The flea manufacturer, a darling from AI, lost almost 17%. This is the worst day percentage since March 2020, such as monitoring by Dow Jones Market Group. About $ 600 billion in market capitalization were destroyed and cut the net value of the CEO of Jensen Huang by around $ 20 billion in one day.
How Deepceek shakes us the domination of AI
The CEO of Nvidia, Jensen Huang, holds an Nvidia Drive Thor processor at the Consumer Electronics Show in Las Vegas on January 6, 2025. (Patrick T. Fallon / AFP via Getty Images)
A spokesperson for Nvidia told Fox Business: “Deepseek is an excellent AI progression and a perfect example of time testing. Deepseek work illustrates how new models can be created in Using this technique, by taking advantage of largely available models and calculations entirely in accordance with export control.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| Googl | Alphabet inc. | 191.81 | -8.40 |
-4.20% |
| Pltr | PALANTOUT Technologies inc. | 75.44 | -3.54 |
-4.48% |
| Msft | Microsoft Corp. | 434.56 | -9.49 |
-2.14% |
| Meta | Meta Platforms Inc. | 659.88 | +12.39 |
+ 1.91% |
Other AI players, Google, Microsoft and Palant, also experienced high losses, while Meta increased after having increased capital spending plans up to $ 65 billion this year.
A handful of nuclear power plants have also been criticized. Investors fear that companies controlling the heating and cooling of AI will not see the request if Deepseek turns out to be the real deal. Constellation Energy, Talen and Vissra have lost ground.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| CEG | Constellation Energy Corp. | 275.00 | -72.44 |
-20.85% |
| Tln | Talen energy | 192.16 | -52.90 |
-21.59% |
| Vst | VISTRA CORP | 136.96 | -54.14 |
-28.33% |
Wedbush analyst Dan Ives said in a research note that the Deepseek model is “impressive”, he warned investors, it is not a dealbreaker for the AI revolution and customers tell customers to buy in the middle of the sale.
“The Bears dominate the story of the weekend and try to frighten investors, it is a moment of black swan. It is in fact the opposite. If the formation of inference accelerates, it accelerates the revolution of the IA .. ends there “, he posted on X.
The technological rout has spread in Bitcoin, which fell under $ 100,000 before recovering some of these losses.
While investors were selling technology, they turned more defensive, notably Procter & Gamble, Coca-Cola and insurance travelers. These actions helped to propel the Industrial average Dow Jones At a gain of 289 points.
Industrial average Dow Jones
The bonds also dropped with the 5 -year -old treasury yield reaching 4.529%, the lowest since December 20, 2024.
