Nvidia drops nearly 17% as China's cheaper AI model DeepSeek sparks global tech sell-off
www.cnbc.com
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.
  • thistleboy@lemmy.worldEnglish
    471·
    1 month ago

    The stock market is nothing more than a barometer for the relative peace of mind of rich people.

    • nomy@lemmy.zipEnglish
      1·
      1 month ago

      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.