Reasoning Models & the AGI DebateFinancial markets
Nvidia loses about $589 billion, the biggest single-stock drop in US history
About $589 billion of Nvidia's market value was wiped out, the largest single-stock drop in US stock market history
Why it matters
R1's claim of low-cost training shook the moat argument behind AI capex
Source — Primary sources first; secondary reports are labelled “Press”
Pressforbes.comhttps://www.forbes.com/sites/dereksaul/2025/01/27/biggest-market-loss-in-history-nvidia-stock-sheds-nearly-600-billion-as-deepseek-shakes-ai-darling/Added in Week 35, 2026 · See that week