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Wall Street grapples with conflicting signs from President Trump on the implementation of steel and aluminum tariffs.
Published on: January 28, 2025, 10:02 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday after a steep stock sell-off sparked by Chinese startup DeepSeek and the potential impact its cheaper AI model could have on Big Tech. Nvidia surged almost 9%, recovering from a record $589 billion loss in market cap. With Nvidia's gains, the tech-heavy Nasdaq Composite rose by over 2%, while the S&P 500 gained around 0.9%. Notably, the tech sector experienced its biggest two-day reversal in over two years after posting its worst day since March 2020 on Monday.
Published on: January 28, 2025, 10:02 PM UTC
Confused by Trump's tariff plans? You're not alone. Get the latest on what's really being proposed, what's been walked back, and what the broader impact could be to businesses, consumers, and the economy.
Published on: January 28, 2025, 09:02 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday, following a tech sell-off due to concerns over a cheaper AI model from Chinese startup DeepSeek and fears over US leadership in AI. Nvidia, an AI chip giant, surged 8%, recovering from a steep decline in the previous session. The tech-heavy Nasdaq Composite gained over 2%, while the S&P 500 rose 1%. Investors also focused on Big Tech earnings this week, including reports from Apple, Tesla, Meta, and Microsoft, as well as President Trump's tariff policies ahead of the Federal Reserve's interest rate decision on Wednesday.
Published on: January 28, 2025, 09:01 PM UTC
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Published on: January 28, 2025, 09:00 PM UTC
Polaris (PII) stock dropped 8.3% after reporting underwhelming Q4 results. Revenue beat estimates, but sales declined over 20% YoY. EBITDA missed. EPS guidance for 2025 missed expectations. Is now the time to buy Polaris stock? Read our full analysis here.
Published on: January 28, 2025, 08:04 PM UTC
Market Rebounds as Nasdaq and S&P 500 Recover from AI-Led Selloff; Nvidia Bounces Back
Published on: January 28, 2025, 08:03 PM UTC
Tesla's Q4 2024 earnings report, due after Wednesday's close, will be closely watched for updates on new vehicle timelines and potential regulatory tailwinds under the Trump administration.
Published on: January 28, 2025, 08:03 PM UTC
A cheaper, competitive AI model from DeepSeek raises concerns over Big Tech earnings growth, sparking a sell-off in tech stocks and challenging the key driver of the bull market.
Published on: January 28, 2025, 08:02 PM UTC
OpenAI debuts ChatGPT Gov, a customized version of its AI chatbot tailored for US government agencies, offering enhanced security and compliance for handling sensitive data.
Published on: January 28, 2025, 08:02 PM UTC