$1.2T has been wiped out of the S&P500 today, arguably on the back of the DeekSeek news. But it is open source. The names on the paper are likely being headhunted as we speak. The breakthroughs of this research mean more powerful AI, sooner. Regardless of how efficient AI is, the global demand for compute power (and AI) is up and to the right. Yes some lofty valuations are being blown out (nvidia) but on net these developments mean more productivity, more growth.
If you invested $50 a week in Bitcoin and the NASDAQ starting in 2018, your Bitcoin portfolio would have outperformed by over $100,000. The world’s top technology companies can not compete with Bitcoin’s parabolic growth, as this chart clearly shows.
🇺🇸 SCOTT JENNINGS: TRUMP TOLD COLOMBIA FAFO
“Colombia refused to take migrants.
Trump said, ‘We’re going to enter the F around and find out portion of this conversation.’
This is Trump-Vance. We mean business.”
The Yen carry trade collapsed in August 2024, the trading day after Japan raised rates from 0.1% to 0.25%.
Japan raised rates from 0.25% to 0.5% on Friday, so the carry trade hits on Monday. Seems convenient the DeepSeek news hits at the same time.
If you want to use DeepSeek but don't want all your convos going to the CCP, use
All convos are private, stored only in your local browser.
Must be Pro user to access DeepSeek
Venice.ai
