3min chapter

Slate Money cover image

The Federal Employee ‘Buyout’ Makes No Sense

Slate Money

CHAPTER

AI Disruption Causes Market Turmoil

This chapter examines the recent steep decline in Nvidia's stock, which fell 14% due to competitive pressures from new AI models released by DeepSeek. The repercussions extended beyond Nvidia, significantly impacting the tech and energy sectors and resulting in a total market cap loss of approximately one trillion dollars.

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