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What is really behind the slide in tech stocks- DEEPSEEK- Nasdaq 100 futures fall further
As the Nasdaq 100 futures fall further into the red this morning there is one thing that is underpinning the move lower. The Chinese tech start-up DEEPSEEK has really hit the broader tech market because the new A1 rival has managed to launch itself what is potentially a massive saving to AI solutions and that is a massive disrupter to the broader market. The number quoted from that is just $6 million. So, this is whacking all US tech futures even more this morning, as the realisation dawns on the markets; that perhaps some of these tech titans might just be massively overvalued. We shall see. The Nasdaq 100 is right now priced to reopen around 21,075, as the futures slide by around 700 points just now
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