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Nvidia CEO Jensen Huang is set to meet with President Trump at the White House. Shares have lost over 12% this week after DeepSeek, a Chinese startup, emerged with a sophisticated, lower-cost AI model, leading to concerns about AI spending.
Published on: January 31, 2025, 07:03 PM UTC
US stocks rose on Friday, lifted by solid earnings from Apple, while a key inflation gauge aligned with expectations. Despite looming tariff concerns, investors remained upbeat, putting the major gauges on track for monthly gains. Tech-heavy Nasdaq jumped 1.3%, S&P 500 gained 0.7%, and Dow Jones added 0.1%, building on Thursday's rally.
Published on: January 31, 2025, 07:02 PM UTC
Uncertainty over tariffs puts markets on edge as Trump's deadline approaches. Experts predict potential impact on inflation and Federal Reserve's rate plans. Read more for in-depth analysis.
Published on: January 31, 2025, 07:02 PM UTC
Apple's shares rose after the company beat analysts' earnings estimates and explained the decline in iPhone sales in China as due to inventory changes, easing concerns about demand. Analysts remain optimistic about Apple's AI capabilities and its stock performance, despite skepticism from some.
Published on: January 31, 2025, 07:02 PM UTC
The latest reading from the Fed's preferred inflation gauge shows prices stuck at the same year-over-year level as November, further supporting a wait-and-see approach to interest rates.
Published on: January 31, 2025, 07:02 PM UTC
Gold futures rise to new records as Goldman Sachs analysts reiterate bullish call on precious metal, citing looming US tariffs against Mexico and Canada.
Published on: January 31, 2025, 07:01 PM UTC
Trump's tariff deadline looms, but oil's fate remains uncertain. Analysts weigh the potential impact on markets and US-Canada relations amid mixed signals from the White House.
Published on: January 31, 2025, 07:01 PM UTC
US President Donald Trump's planned tariffs on Canadian and Mexican goods raise uncertainty for global stock markets. Sectors and stocks most at risk include automakers, industrials, and Asian chip giants. Europe may also face tariffs, impacting industries such as autos and mining. Investors are advised to be selective and consider companies with low exposure to trade disputes.
Published on: January 31, 2025, 07:00 PM UTC
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Published on: January 31, 2025, 07:00 PM UTC
Tether, the leading stablecoin issuer, reports a staggering $13 billion profit in 2022, surpassing major investment banks in profitability. Despite concerns about transparency, Tether claims it has over $7 billion in excess reserves and has shifted its corporate entity to El Salvador.
Published on: January 31, 2025, 06:04 PM UTC