DeepSeek sell-off shows the risks of a concentrated US stock market

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  Tech Stock Sell-Off Eases After DeepSeek Scare

  Investors around the world are reassessing the prospects for technology companies after a Chinese artificial intelligence start-up rocked markets in the United States on Monday.
  
  The New York Times - 2h

• The stock market ‘is telling us that cheap, open-source AI is a good thing’ after DeepSeek rout

  Investors aren’t ignoring the upsides of cheaper AI models despite Monday’s DeepSeek-inspired stock-market panic.
  
  MarketWatch - 3h
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  Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

  Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn. DeepSeek ’s cut-price challenge to US AI dominance, which wiped $600bn in ...
  
  The Guardian - 8h
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  What is DeepSeek and why did US tech stocks fall?

  Why doubts have been raised about sustainability of US artificial intelligence boom. Global tech shares fall as China AI chatbot DeepSeek spooks investors DeepSeek hit with ‘large-scale’ ...
  
  The Guardian - 1d
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  DeepSeek Is Fueling a Stock Market Reckoning

  Wall Street is panicking as China seems to have created a real competitor to OpenAI’s ChatGPT for cheap.
  
  Inc. - 1d

• FirstFT: Success of Chinese rival to ChatGPT triggers global stock market sell-off

  Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakes
  
  Financial Times - 1d

• A stock market sell signal’s been turned off. The market’s more sober.

  Fund-manager cash levels are rising, one of a number of indicators showing that last year’s frothy market conditions have subsided and that sentiment has become more sober, Bank of America ...
  
  MarketWatch - Jan. 17
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  Is the US stock market in bubble territory?

  Valuations might be frothy but don’t seem nutty
  
  Financial Times - Jan. 7

• The US stock market has never been more concentrated. Does it matter?

  World’s biggest game of Jenga
  
  Financial Times - Jan. 7

More from Financial Times

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• The British Columbia Securities Commission’s got talent

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  Financial Times - 3h

• CNN’s Acosta quits after show moved to midnight

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  Financial Times - 3h

More in World

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  The New York Times - 30m
• 

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• 

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  Karoline Leavitt’s debut press briefing was standing room only – and she was slick, pugnacious, and loyal to her boss. “Clear a path!” shouted the big shots of TV news as they tried to squeeze ...
  
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• 

  As Palestinians Return to Gaza City, Elation and Despair Mix

  As families reunite, they also confront the devastation wrought by the 15-month war. Tens of thousands of tents are being sent to northern Gaza, where entire neighborhoods have been flattened.
  
  The New York Times - 43m