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The Magnificent Seven tech stocks of META, AAPL, GOOG, AMZN, NVDA, MSFT, and TSLA underwhelm in January, with only META posting double-digit gains. Tesla is the worst performer with a 6% drop, and concerns over AI spending weigh on sentiment.
Published on: February 10, 2025, 08:01 PM UTC
US Stocks Rebound After Tariff Threats; Steel Companies Soar
Published on: February 10, 2025, 08:01 PM UTC
Recent surveys show that U.S. consumers expect near-term inflation to remain stable, at around 3%. However, they predict increases in certain categories, such as food, gas, and housing. Despite these concerns, long-term inflation expectations also remain steady.
Published on: February 10, 2025, 08:00 PM UTC
Nvidia's (NVDA) stock underperforms amid concerns over DeepSeek's AI model, chip delays, and competition from Amazon AWS and Google. Analysts remain bullish ahead of earnings, citing Nvidia's platform strength and growth potential in data centers.
Published on: February 10, 2025, 07:03 PM UTC
Trump's trade announcements loom, with steel, aluminum, reciprocal tariffs on the table. Importers, CEOs, and foreign leaders face ongoing uncertainty as details remain unclear.
Published on: February 10, 2025, 07:03 PM UTC
A full-on trade war with Europe, China, Canada, and Mexico could have a stagflationary impact on the US economy, says Apollo Global Management's chief economist, Torsten Sløk.
Published on: February 10, 2025, 07:03 PM UTC
Gold surged to a record $2,935 amid escalating tariff threats, with Wall Street analysts remaining bullish. Central bank purchases and ETF inflows have driven demand as gold is seen as a safe haven asset.
Published on: February 10, 2025, 07:02 PM UTC
Elon Musk calls for greater scrutiny of the Federal Reserve, suggesting 89-year-old former Congressman Ron Paul as a potential auditor.
Published on: February 10, 2025, 07:02 PM UTC
Rivian opens up orders for its commercial van beyond initial launch partners, creating a lucrative business opportunity in the growing electrified commercial van market.
Published on: February 10, 2025, 07:02 PM UTC
Meta's 20% year-to-date gain leads the "Magnificent Seven" tech stocks, while concerns about AI spending weigh on the rest, with declines for Alphabet, Apple, Nvidia, Microsoft, Ford and Tesla.
Published on: February 10, 2025, 07:01 PM UTC