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Daily Maverick
Investors question tech and AI valuations as DeepSeek’s advances challenge US dominance. Nvidia’s market cap plunges, impacting global tech stocks. US stock futures stabilize, dollar rises, and Asian tech shares decline. Yen and Swiss franc strengthen, US bonds rise, oil prices fall. Market uncertainty persists amid concerns over DeepSeek’s cost-effective AI solutions. Major tech companies and markets experience significant losses.
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