DeepSeek Panic Live Updates: Ultra-Rich Lose Billions As Nasdaq Paces To Worst Day Of 2025
1. Chinese AI firm DeepSeek's launch triggers U.S. stock market selloff. 2. DeepSeek's cost-efficient model threatens U.S. AI companies' dominance. 3. S&P 500 dropped 1.8%, indicating widespread market panic. 4. Nvidia's shares slid 15%, marking significant investor concerns. 5. Tech billionaires lost substantial fortunes amid this market turmoil.