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DeepSeek Sparks Chaos Across Markets; Bloodbath In Big-Tech, Bitcoin, & Black Gold

Tyler Durden's Photo
by Tyler Durden
Authored...

A solid day for US macro data - Chicago Fed National Activity Index surged, new home sales rose for second straight year, and Dallas Fed manufacturing soared most since COVID lockdown - but absolutely NONE of that mattered as DeepSeek's revelation of 'Cheap AI' prompted panic-selling across every market.

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