A.M. Update – DeepSeek Sinks Tech

S&P futures are down -2.1%, led lower by Nasdaq-100 futures, down -3.5% (and that’s off the worst levels of the morning). The reason why can be summed up with my weekend video, cued up to the 12.28 mark. I saw the potential with this weekend’s release of DeepSeek’s latest R1 platform, I didn’t expect the…