DeepSeek dropped a new model on a Saturday. Markets don't open until Monday.

The last time DeepSeek owned a weekend, Nvidia lost about $590 billion the next session. Down 17% in a day.

This time it's V4.1 Flash-1017. Their launch post did 465K views and 900+ quotes in a few hours.

The number that matters for markets is the price. Per DeepSeek's own pricing page, 1M tokens off-peak costs $0.15 in and $0.60 out. Off-peak includes the whole weekend.

What traders will chew on before the bell:
→ open weights under MIT, so anyone can run it on their own hardware
→ their card puts it ahead of Opus 5 on one big coding benchmark and behind on others
→ the AI trade was already shaky this week: CoreWeave, a hot CPI, Anthropic's growth slowing

I'm not calling a repeat of January 2025. The market has seen this movie once and Nvidia came back.

But "frontier-ish model for pocket change" is exactly the headline that hurts whoever's charging full price for compute.

Watch the open.