US accuses DeepSeek, White House alleges China stole AI IP
NewsBytes | April 25, 2026 5:39 AM CST
S&P 500 and Nasdaq hit records
Despite all this tension, Wall Street isn't flinching: the S&P 500 and the Nasdaq just hit record highs.
Oil prices are way up thanks to global disruptions, especially around the Strait of Hormuz.
Meanwhile, DeepSeek's teaming up with Huawei shows China's drive to build its own tech muscle as US restrictions tighten.
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