🚨Why is market crashing?
➬ China launched "DeepSeek," an AI rival to ChatGPT, built for less than $10M.
➬ ChatGPT, on the other hand, has raised nearly $17B.
➬ DeepSeek is already the #1 free app on the Apple App Store.
➬ This is making people question if the US stock market is overvalued since it pumped a lot in the past two years due to AI hype.
➬ Now, with a cheaper AI alternative, investors are selling off US stocks.
This sell-off is affecting crypto too, leading to the current market drop.
𝐀𝐍𝐃 𝐒𝐓𝐈𝐋𝐋.
Usyk defeats Tyson Fury via unanimous decision and retains his WBA, WBC and WBO world heavyweight titles 🏆
#Usyk2Fury | #RiyadhSeason | @Turki_alalshikh