AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Daybreak: Europe Edition
Nvidia: DeepSeek AI ‘Excellent’, Trumps Global Tariff Pledge & UK Pension Shakeup
Jan 28, 2025
In this discussion, Mary Nicola, a strategist at Bloomberg Markets Live, analyzes the impact of DeepSeek, a Chinese AI startup releasing a groundbreaking open-source model. She highlights how this innovation challenges major players like Nvidia, leading to significant market sell-offs. The conversation also touches on President Trump's bold tariff proposals and their potential effects on US trade. Additionally, Nicola discusses the UK's plans to utilize pension fund surpluses to stimulate economic growth, reflecting evolving market dynamics.
16:53
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- DeepSeek's new AI model has significantly impacted the tech market, leading to a $1 trillion sell-off and concerns for established companies' valuations.
- The UK government's plan to allow pension fund investments aims to unlock £50 billion for growth while raising concerns about potential economic risks.
Deep dives
DeepSeek's Disruption of the Tech Market
The emergence of DeepSeek's artificial intelligence model has caused a significant upheaval in the tech market, resulting in a $1 trillion sell-off among global tech stocks. Investors are increasingly concerned that DeepSeek's low-cost AI developments undermine the competitive edge of established Silicon Valley companies, leading to skepticism about the sustainability of their current valuations. Notably, NVIDIA experienced a staggering 17% drop in stock price, wiping out $589 billion from its market capitalization, sparking a wider reevaluation of capital expenditures and profitability across the tech sector. Experts suggest that firms must now justify their valuations and adapt to a rapidly changing landscape dominated by innovative competitors like DeepSeek.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode