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203 days

DeepSeek and ChatGPT take on photosynthesis: This viral TikTok pits the two AI chatbots head to head - MarketWatch

1. DeepSeek is cheaper and more human-like than existing models. 2. DeepSeek's comparison to ChatGPT went viral with 3.5 million views. 3. Financial markets reacted negatively, with Nasdaq down 3.07%. 4. Nvidia experienced a significant drop of 16.97%. 5. The introduction of DeepSeek caused volatility in tech stocks.

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FAQ

Why Bearish?

DeepSeek's emergence negatively impacted major tech stocks, indicating increased competition.

How important is it?

The article highlights significant competition affecting major tech companies relevant to COMP.

Why Short Term?

Immediate stock price volatility is expected as markets adjust to new competition.

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