Wall Street Breakfast House reps target DeepSeek government ban
Feb 6, 2025
Legislation is underway to ban the DeepSeek app from government devices due to security worries about its ties to China. Meanwhile, Nvidia is highlighted as a top pick by Morgan Stanley, stirring excitement in AI stocks. Roblox faces a significant drop following disappointing earnings, while Skyworks Solutions reacts to Apple’s future plans. Also, insights are shared on growth stocks and a company’s bold strategy to split into three divisions by 2026, with a massive investment commitment on the horizon.
AI Snips
Chapters
Transcript
Episode notes
DeepSeek Ban Proposed
- Two U.S. House lawmakers plan to introduce legislation to ban DeepSeek's app from government devices.
- This is due to security concerns regarding potential user data transfer to the Chinese government.
DeepSeek & NVIDIA
- DeepSeek, an AI model, avoids questions about the ban, claiming lack of access to internal company information.
- Morgan Stanley views the DeepSeek sell-off as a buying opportunity, despite worsening sentiment.
Roblox Stock Drop
- Roblox's stock price declines after forecasting a wider loss for 2025 and missing Q4 expectations.
- The company missed estimates for bookings and daily active users despite growth in both metrics.