this post was submitted on 28 Jan 2025
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Why the markets are freaking out about Chinese AI newcomer DeepSeek (arstechnica.com)
submitted 2 days ago by GreenEngineering3475 to c/business
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A big day for short sellers after Nvidia loses $600 billion off its market value.

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[–] [email protected] 1 points 2 days ago

It’s the unwinding of the yen carry trade. The Deepseek story is a ruse.