Brian Stewart, Director of News at Seeking Alpha.

Welcome back to Wall Street Breakfast.

Great to have you as always.

Thank you.

Great to be here.

I suppose the obvious place to start is AI, Deepseek. Yeah, I don't think you can

get away from it. If you had to sum up the market in the last four or five days, I think

deep seek would be a great one word way to do it. If you're going to do two words, I would say

deep seek and earnings, but otherwise Deep Seek has dominated. The story, you know, in a nutshell

is Chinese company Deepseek launched a

competitor basically to open AI and those kind of products. However, it uses less cost to produce

the outcome. There's less sort of infrastructure built in. So the worry is that the future of AI in terms of the buildout of the outcome. There's less sort of infrastructure built in. So the worry is that the future of

AI in terms of the build out of the infrastructure for that computing might not be as heavy

as people were betting on. So stocks like Nvidia was down 16% in the last week. Arm and Oracle,

who we talked about last week as being part of that Stargate AI project and we're up very much last week on that.

Gave that back in a good degree.

This past week, Arm was down 18 percent.

Oracle was down 12 percent.

So there's just a worry that with a new competitor is sort of changing the landscape for AI development, and that's changing the investment thesis

for some of these bigger companies.

Is it to be determined still?

Do we have a sense of where this is really going to go, or is it mostly speculative at this

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