After the introduction of #deepseek, some people may understand why #nasdaq stocks are not a good store of value. #bitcoin #nostr
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The Magnificent 7, the most valuable technology companies in the world - along with Saudi Aramco in 6th place, 7/8 of the most valuable companies in the world, lost about $500 billion in value in premarket trading, after Friday's losses.
And all because of a small Chinese startup called DeepSeek with less than 200 employees!
There will be blood