Part 2/9:
The most immediate impact following Deep Seek's unveiling was felt in the stock market. Notably, Nvidia saw a loss of $465 billion, marking the largest drop in market history attributed to a single event. The volatility index spiked to 21.5, indicating increasing unease among investors regarding inflated tech valuations. This unparalleled market reaction underscores the growing concerns surrounding the sustainability of high valuations for numerous tech giants.