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US Stock Futures Tumble As DeepSeek Buzz Jolts Big Tech: Expert Says The Chinese AI Model Is Yet To Prove Its Viability At Lower Cost In Long Term

1. U.S. stock futures fell sharply due to rising DeepSeek AI popularity. 2. Nasdaq 100 dropped over 4.3%, S&P 500 fell 2.43%. 3. Five 'Magnificent Seven' companies will report earnings this week. 4. Analysts warn of potential profit margin squeezes for big tech. 5. Economic indicators present mixed signals for market performance.

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FAQ

Why Bearish?

The emergence of DeepSeek threatens major tech companies' profitability, impacting S&P 500.

How important is it?

DeepSeek's impact on tech valuations could significantly affect large S&P 500 components.

Why Short Term?

Earnings reports from tech giants this week could lead to immediate market reactions.

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