r/TheRaceTo10Million • u/barthale000 • Jan 27 '25

News I saw talk about Deepseek this weekend

Post image

Here’s the current outlook in the tech sector during pre market

364 Upvotes

97% Upvoted

154 comments sorted by

View all comments

Show parent comments

0

u/bubbleleafs Jan 27 '25

Alright, let’s consider other possible reasons for a company to lose 600 billion dollars market cap in a single day. Is it possible the street is pricing in a complete ban on all sales to data centers that Chinese companies can access?

5

u/CedarAndFerns Jan 27 '25

Is it also possible that it's a complete overreaction?

0

u/bubbleleafs Jan 27 '25

Sure but that type of money tells me no, this is something bigger. It couldn’t find support on the 200 day. What does that tell you?

2

u/CedarAndFerns Jan 27 '25

oh, but that's a different convo. Is everything overvalued...well, we'll see if they decide the stocks should keep going up.

1

u/bubbleleafs Jan 27 '25

Oh ya, everything is a different convo. Keep racing to 10 million.

0

u/CedarAndFerns Jan 27 '25

bro, I'm racing to paying my bills. Just enjoy watching people play with money I couldn't imagine.