This Monday, Deepseek firmly occupied the market's C position, leading to a significant decline in technology stocks. Subsequently, some stocks rebounded after the earnings reports were released; however, the true drivers of the stock price recovery were not the earnings reports, but rather statements from CEOs like Musk and Zuckerberg, who are essentially promoting future prospects. Personally, I do not agree with this, as I believe Trump’s new administration has only been in office for two weeks, and both of these individuals are deeply connected to Trump, making it unlikely for them to express any negative opinions at this time. Some Wall Street analysts claim that the company's AI capital expenditures have not decreased due to Deepseek, but I believe they will not acknowledge this in the short term and further observation is required to see how things develop. The earnings reports released this week did not perform well overall; for example, Tesla adjusted its accounting practices, leading to inflated profits through its Bitcoin investments. Therefore, I remain cautious about these technology stocks, and some Wall Street analysts are also beginning to turn pessimistic. I believe the impact of Deepseek on AI is far from over, and the sluggish performance of some technology stocks has not ended.

I also want to discuss other potential impacts of Deepseek, particularly its influence on energy stocks. AI computing and data centers have a significant demand for energy; thus, while Deepseek's news hit technology stocks, energy stocks, especially uranium stocks, also suffered severe setbacks. In recent years, the U.S. has restarted some old nuclear reactors and discussed increasing nuclear energy and uranium supply to meet the energy consumption of the AI industry. If Deepseek discovers low-energy consumption methods, the demand for energy, particularly for uranium, will decrease, which will put new pressure on the energy sector.

In summary, the market changes this week are thought-provoking, and the impact of Deepseek is clearly not yet over.