DeepSeek: Is This The AI World's "Sputnik Moment?"
A serious subject on an ugly morning for the stock market.
Market Outlook
Futures Sharply Lower: S&P -211bps, Nasdaq -373bps, Russell -100bps
10-year Treasury Yield slides 11bps to 4.52% amid tech selloff and safe haven flows
NVIDIA (NVDA) leads selloff on reports that China's DeepSeek builds rival AI model for $5.6M using a fraction of the chips
Trump slaps then drops Colombia tariffs within hours after the migrant deal; markets eye similar tactics with Mexico
Trump halts federal renewable energy permits for 60 days; Interior Department blocks new solar, wind development on public lands
Keep reading with a 7-day free trial
Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.