It makes no sense to me for the likes of $GOOGL to be down on the Deep Seek news.

If, in fact, and it's a big IF, Deep Seek has managed to lower cost significantly for its open source AI model, then that is a good thing going forward for the hyperscalers like $GOOGL, $AMZN & $META as it will lower the future capex costs and greater swing the potential return to the upside. Increasing margins. 

THAT IS A GOOD THING!

Panic is never a good thing. Don't make decisions out of fear.