Moonshot AI's announcement causes U.S. tech stocks to drop. Alphabet's chance to be the second-largest company by market cap on July 31 at 5.5% YES.

Moonshot's Kimi K3 AI model disrupts global markets, causing Alphabet's odds of being the second-largest company by market cap on July 31 to drop to 9.5% YES.

Moonshot AI's Kimi K3 model rattled global markets, sending rival AI stocks down as much as 27% while raising questions about AI sector valuations.