Is a 500 billion valuation expensive?—Comparing DeepSeek with Zhipu, MiniMax, and NVIDIA
Guys, let’s wrap up with the most central question: Is DeepSeek’s 500 billion valuation expensive?
First, let’s look at its peers. There are currently two publicly listed domestic large-model companies—Zhipu and MiniMax. Zhipu’s market cap has fallen nearly 70% from its peak of over HKD 1 trillion to about HKD 301.8 billion, while MiniMax’s market cap has also fallen back to **. The sharp pullbacks in the share prices of both listed large-model companies show that the secondary market is repricing valuatio

NVDA-1.42%

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Wokaweb888 40 minutes agoBearish

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LUNC-2.83%

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CryptoMishu2 hours ago

#KOSPIJumps3.3% KOSPI Jumps 3.3%, Is South Korea’s Stock Market Signaling a Powerful Recovery?
South Korea’s stock market has attracted fresh attention after the KOSPI surged 3.3%, bringing renewed optimism to investors and raising an important question. Is this the beginning of a stronger market recovery, or is the rally simply a short-term rebound after recent volatility?
A sharp move in a major stock index can change market sentiment quickly. When prices rise strongly in a single session, investors naturally begin looking for the reasons behind the move, the sectors leading the recovery, an

INDEX-19.36%

BTC-0.05%

ETH-1.03%

GateUser-6c30d667 2 hours ago

$OPN
UPDATE
#OPN already breakout done. In this move we can see 30%+ drop here ✍🏻
#OPNUSDT #Opnbtc #BTC #Bitcoin #NFTs

OPN-11.52%

BTC-0.05%

GateUser-6c30d667 2 hours ago

$FIL
UPDATE
#FIL already riding wedge breakout done. We can see drop upto 15%+ ✍🏻
#FILUSDT #FILBTC #Btc #Bitcoin #NFTs

FIL-9.62%

BTC-0.05%

CryptoMishu31 minutes ago

#美国9月PPI大超预期 Selling pressure exhaustion hits an all-time extreme! ETFs are bleeding, but on-chain whales are “scooping up”—is $81,000 the bottom or just halfway down?
Market sentiment has fallen into “fear,” and ETFs are seeing sustained outflows, but an overlooked on-chain signal is pointing in the opposite direction.
I. Both bulls and bears are “running out of steam”
Bitcoin is currently trading near $81,461, down 0.39% over 24 hours; Ethereum is at $2,424, down 1.23%.
But market structure matters more than prices: Bitcoin dominance has risen to 59.92%, while Ethereum dominance has fallen t

BTC-0.05%

ETH-1.03%

crazytredar3 hours ago

💫 CRAZYTREDAR — WHERE CRYPTO MEETS STRATEGY! 👑

LIVE2,051

CryptoCircleBullSays 2 hours ago

$USD1 uses price-volume confirmation to find opportunities, with levels and exit lines here
$USD1 There is a very typical debate right now: one side points to the 24-hour -0.00% change as proof of direction, while the other counters with key levels. I’m not taking sides based on the price move for now, because $USD1 has already moved, but trading activity and volume haven’t followed through, so they haven’t provided a complete answer. We can tentatively trust the direction, but not its continuation; a move without anyone following through could be reversed at any time.
My view is that the dire

USD1+0.00%

NSmallGoals an hour ago

#资产分析 https://www.gate.com/wallet/assetsAnalysis Profitable over the past 7 days, and recently dozens of friends have gradually started copy trading. Since this account trades relatively aggressively, I’m planning to open a new dedicated copy-trading account that will focus only on safer entry points. After the main account scouts out a trade, the new account will enter at a safer point. I’ll do my best to help the friends who trust me and copy my trades achieve a good win rate and make money. I’m planning to switch over in the next couple of days, so stay tuned for the new account

SmartBrother an hour ago

$BTW
The bulls should thank those who sold too early, or the bears. Without their interconnected actions, there would be no BTW with a market cap of over 7 billion and a ranking of No. 16

BTW+19.85%

FILNFT 2 hours ago

You can now see your open positions from inside the Hyro Trader dashboard with their last update. It's clean not gonna lie, I like it.
And there is no longer trailing daily drawdown which was calculated from the highest value of the day. So for example if you were up 5k in profit on a 100k account but then market corrects and put your position at BE wiping the profit; that would also trigger 5% daily drawdown breach which made holding positions through corrections more dangerous.
Now it's static so it doesn't trail from the highest balance of the day but its not static in terms of drawdown fr

ThisIsTranslateContent:Summit2 hours ago

82.9% API gross margin—How does DeepSeek make money?

Guys, a company valued at 500 billion isn’t worth that much on “storytelling” alone. Capital is willing to pour 100 billion into it only if the company can actually make money.

DeepSeek’s financial data is now public. In the first seven months of 2026, DeepSeek confirmed revenue of approximately 475 million yuan, about ten times its full-year 2025 revenue. Its API business had a gross margin as high as 82.9%, while its overall gross margin was 44.6%. The 82.9% API gross margin was higher than Anthropic’s and OpenAI’s during the same peri

MU-5.66%

GateUser-e2e603a0 an hour ago

Floki all time high hype ath go

FLOKI-2.41%

KongDachu 40 minutes agoBearish

$BTC
Bitcoin broke above 82000
Then damn, it went back down
Bitcoin is so strong
Will it rise or fall next?
Guys
Bitcoin is still very strong
Compared with Ethereum
Ethereum's drop is almost 2 times Bitcoin's
So with Bitcoin this strong
Can it still fall?
Da Chui thinks
Although Bitcoin is very strong
It has been in a bearish trend all along
The trendline still hasn't broken
And it's also formed
A somewhat imperfect descending triangle pattern
It's still likely to keep falling next
We should know soon
Da Chui has always said
Bitcoin falling to 76000 is no problem at all
If things go ideally
7

BTC-0.04%

CryptoVision20 minutes ago

🎁 10,000 USDT in rewards awaits you—Round 2️⃣ 5️⃣ growth points lottery is underway!
Spend 300 growth points for 1 draw, up to 10 times a day, with a 100% chance of winning! 🤩
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GateSquare2026-10-18 06:00:01

BTC-0.05%

ETH-1.03%

HYPE-1.98%

WindriseFinance 14 hours ago

EIA data determines the short-term direction of crude oil

LIVE1,106

Alek_Carteran hour ago

🚨 FED TO INJECT $15B INTO MARKETS IN 3 WEEKS.
Bullish for the Market.
#USSeptemberPPIBeatsExpectations

CryptoSatan hour ago

ETF Flows Update (Week 42, 12-16 October 2026)
• bitcoin:native : -$228.58 Million
• $ETH : -$320.10 Million
• ripple:native : -$1.84 Million
• $SOL : -$25.52 Million
• $HYPE : -$17.58 Million
• zcash:native : -$19.15 Million
Ethereum ETFs led the selling with outflows of $320.10 million over 12–16 October, while Bitcoin ETFs shed $228.58 million as Tuesday's inflow was wiped out by Wednesday's heavy redemptions. Solana lost $25.52 million, ZEC saw $19.15 million in outflows and Hyperliquid dropped $17.58 million, with XRP posting a mild $1.84 million outflow, making it a fully red week across

BTC-0.96%

ETH-1.64%

ThisIsTranslateContent:39 minutes ago

BTC-0.05%

ETH-1.03%

IBIT-0.98%

612Ceros an hour ago

Deutsche Bank to Launch Bitcoin and Ethereum Custody Services Within Weeks
Deutsche Bank is set to launch a crypto custody service within weeks, starting with Bitcoin (BTC) and Ethereum (ETH), as Germany's largest bank expands its digital assets business.
With this launch, the bank plans to enter Asian financial hubs by 2027 and add services such as stablecoin transfers and tokenized deposits.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/af

BTC-0.05%

ETH-1.03%

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