The MarketReader Minute
💻 DeepSeek AI and Tariff Threats Weigh on Tech Stocks; Nvidia, Microsoft, and Oracle Hit Hard | Tech Sector Insights
VGT is currently experiencing a decline. This downturn is driven by significant drops in major technology stocks, notably due to concerns over competition from China's DeepSeek AI model, which reportedly offers superior performance at lower costs compared to U.S. firms like Nvidia and OpenAI.