What other industries have been impacted by NVIDIA DeepSeek's "Shockwave"?
① Tech Stocks in the USA were not the only losers during the 'Black Monday' on Wall Street; ② Over 1 trillion dollars in Market Cap disappeared, with the Utilities Sector, Energy, and Datacenter Stocks also experiencing a massive drop; ③ This was triggered by the DeepSeek R1 model launched by a startup in Hangzhou, causing panic among investors in the USA last weekend.
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The "Jordan of the hedge fund world" speaks: DeepSeek is bullish on AI, and the steep decline of USA technology stocks on Monday was a mistake.
"Our view is that what has happened with DeepSeek is actually optimistic, as it drives the transition to super AI, which is on the way and coming very fast."
The former CEO of Google comments on Deepseek: it marks a turning point in the Global AI competition.
① Former Google CEO Eric Schmidt called on the USA to increase efforts in open-source AI to address the rise of China's DeepSeek AI model; ② Schmidt described the rise of DeepSeek as a "turning point" in the Global AI competition; ③ Schmidt suggested that the USA develop more open-source models and encouraged laboratories to Share training methods.
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Sam Altman praised China's large model DeepSeek, and OpenAI is excited to have such a competitor!
Altman stated that DeepSeek's R1 is an impressive model, especially considering its cost-performance ratio. Clearly, OpenAI will release better models, and the emergence of new competitors is truly exciting! We will launch some new products. The name of DeepSeek resonates worldwide, and China is leading the way in open-source large models.
Author of 'The Black Swan': For investors blindly betting on AI, NVIDIA's plunge has only just begun.
Pessimists on Wall Street widely believe that NVIDIA's future pullback could be two to three times larger than Monday's.
The author of Black Swan: NVIDIA's plummet on Monday is just the beginning, and the future decline could be two to three times greater.
The author of the book "The Black Swan," Nassim Taleb, stated that the painful 17% sell-off NVIDIA experienced on Monday is just the beginning. Considering the risks in the Industry, NVIDIA's decline on Monday was actually quite small. People are starting to adapt to reality, and they now realize that it is no longer perfect.
Before the significant resolution, the 'New Federal Reserve News Agency' hinted that tariffs are a key uncertainty for future Federal Reserve actions.
An article by Timiraos states that it is widely expected that the Federal Reserve will pause interest rate cuts at this week's meeting, and when or whether the Federal Reserve will resume rate cuts largely depends on the inflation outlook, which may be affected by tariffs. The Federal Reserve's response to tariffs this time may differ from that during Trump's first term. The USA has just gone through high inflation, making businesses and consumers more sensitive to price pressures, and once inflation expectations rise, there could be sustained higher price growth in the future.
Black Swan Author: NVIDIA (NVDA.US) plummeted on Monday is just the beginning, and future pullbacks may be two to three times larger.
The author of the book "The Black Swan," Nassim Taleb, stated that the painful 17% sell-off NVIDIA experienced on Monday is just the beginning. Considering the risks in the Industry, NVIDIA's decline on Monday was actually quite small. People are starting to adapt to reality, and they now realize that it is no longer perfect.
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U.S. stocks closed higher | All three major Indexes rose, with the Nasdaq up 2%; chip stocks and Chinese concept stocks performed well, NVIDIA rebounded nearly 9%, and Alibaba rose over 6%.
The S&P Large Cap and chip Index rose by 1%, while the Dow Jones and Small Cap indices had relatively smaller gains. Apple surged nearly 4% to maintain its position as the largest company by Global Market Cap, while Microsoft and Broadcom increased by nearly 3%. AI, quantum computing, and Nuclear Power stocks collectively rebounded, with Oklo, invested in by Altman, rising over 9%. The China concept Index closed up by 1.7%, and Alibaba rose by nearly 7%.
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