user (to assistant):
What happened with stock prices after deepseek was launched, please search the web.
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assistant (to user):
***** Suggested tool call (call_JbyyhzRwX4Z4nWEkNuGSlrJ8): google_search *****
Arguments:
{"query":"DeepSeek stock prices after launch","num_results":5}
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>>>>>>>> EXECUTING FUNCTION google_search...
Call ID: call_JbyyhzRwX4Z4nWEkNuGSlrJ8
Input arguments: {'query': 'DeepSeek stock prices after launch', 'num_results': 5}
/Users/robert/projects/ag2/autogen/agentchat/conversable_agent.py:3002: UserWarning: Function 'google_search' is being overridden.
warnings.warn(f"Function '{tool_sig['function']['name']}' is being overridden.", UserWarning)
user (to assistant):
***** Response from calling tool (call_JbyyhzRwX4Z4nWEkNuGSlrJ8) *****
[{'title': 'DeepSeek sparks AI stock selloff; Nvidia posts record market-cap ...', 'link': 'https://www.reuters.com/technology/chinas-deepseek-sets-off-ai-market-rout-2025-01-27/', 'snippet': 'Jan 27, 2025 ... Its researchers wrote in a paper last month that DeepSeek-V3 model, launched on Jan. ... Nvidia shares were up 2.5% in after-hours trading on\xa0...'}, {'title': 'What is DeepSeek - and why is everyone talking about it?', 'link': 'https://www.bbc.com/news/articles/c5yv5976z9po', 'snippet': 'Feb 4, 2025 ... DeepSeek, a Chinese artificial intelligence (AI) startup, made headlines worldwide after it topped app download charts and caused US tech\xa0...'}, {'title': 'Inside the Deepseek stock-market selloff - Raconteur', 'link': 'https://www.raconteur.net/technology/inside-the-deepseek-stock-market-selloff', 'snippet': 'Jan 31, 2025 ... Last week, Deepseek, a Chinese AI startup, launched its R1 ... The tech-heavy Nasdaq index dropped more than 3% after the launch.'}, {'title': 'A shocking Chinese AI advancement called DeepSeek is sending ...', 'link': 'https://www.cnn.com/2025/01/27/tech/deepseek-stocks-ai-china/index.html', 'snippet': 'Jan 27, 2025 ... US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese\xa0...'}, {'title': "'Sputnik moment': $1tn wiped off US stocks after Chinese firm ...", 'link': 'https://www.theguardian.com/business/2025/jan/27/tech-shares-asia-europe-fall-china-ai-deepseek', 'snippet': "Jan 27, 2025 ... Nvidia's fall was the biggest in US stock market history. The DeepSeek AI assistant also topped the Apple app store in the US and UK over the\xa0..."}]
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assistant (to user):
After the launch of DeepSeek, several significant trends occurred in the stock market:
1. **Stock Market Reaction**: Following the launch, there was a notable selloff in the U.S. tech sector, particularly affecting companies like Nvidia. Reports indicate that Nvidia lost nearly $600 billion in market value, marking one of the largest declines in U.S. stock market history.
2. **Tech Index Drops**: The tech-heavy Nasdaq index dropped more than 3% as a direct response to DeepSeek's launch.
3. **Overall Market Impact**: The launch was seen as a critical moment, with the total market cap of US tech shares declining by approximately $1 trillion.
4. **Market Sentiment**: The launch of DeepSeek was associated with a significant shift in market sentiment regarding AI technologies, prompting many investors to reassess their positions in tech stocks.
For further details, you can refer to articles from Reuters, BBC, CNN, and The Guardian for in-depth coverage of these developments.
You can find the articles at the following links:
- [Reuters](https://www.reuters.com/technology/chinas-deepseek-sets-off-ai-market-rout-2025-01-27/)
- [BBC](https://www.bbc.com/news/articles/c5yv5976z9po)
- [CNN](https://www.cnn.com/2025/01/27/tech/deepseek-stocks-ai-china/index.html)
- [The Guardian](https://www.theguardian.com/business/2025/jan/27/tech-shares-asia-europe-fall-china-ai-deepseek)
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