📉 Why is everything crashing today?

Bloomberg suggests that investors have started to lock in profits after the euphoria surrounding Donald Trump's presidency subsided, having achieved clarity on regulatory issues.

Another major reason for the market decline is the news about the Chinese AI startup DeepSeek, which is delivering results surpassing competitors like OpenAI (ChatGPT) in some areas, while investing only a few million dollars in development compared to the billions spent by Western competitors.

This has led to bearish sentiment in Nvidia stocks and several of the largest AI startups.

#USConsumerConfidence