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U.S. stock futures signal rebound after tech-led sell-off; Nasdaq 100 futures rise 0.2%, S&P 500 futures gain 0.1%, Dow Jones Industrial Average futures hover near flat line.
Published on: January 28, 2025, 01:04 PM UTC
Nvidia's stock plunges 16.9% as China's AI startup DeepSeek sparks tech sell-off. Analysts say the panic selling may be overblown and that a more efficient AI model could actually boost AI use.
Published on: January 28, 2025, 01:03 PM UTC
Big Tech earnings growth has been a major driver of the bull market, but a recent sell-off sparked by concerns over competition from Chinese AI company DeepSeek has raised questions about whether that growth can continue. Strategists have warned for months that a slowdown in Big Tech earnings was a risk to the market, and the latest sell-off suggests that investors are starting to take those concerns seriously.
Published on: January 28, 2025, 01:02 PM UTC
Wall Street banks hope to recover from bad bets on Elon Musk's Twitter buyout with a plan to sell portions of debt to investors.
Published on: January 28, 2025, 01:02 PM UTC
Nasdaq and S&P 500 futures up; tech sector recovers from Monday's sell-off, buoyed by Nvidia's pre-market gains.
Published on: January 28, 2025, 01:01 PM UTC
Famous short seller Andrew Left is contesting fraud charges brought against him by the U.S. government, claiming they are based on his opinions and that the government has not proven he did not believe them.
Published on: January 28, 2025, 01:01 PM UTC
Discover money market account (MMA) interest rates, including today's highest rates. Compare MMAs with high returns and low fees to maximize your savings growth.
Published on: January 28, 2025, 12:07 PM UTC
DeepSeek's success sparks concerns over crypto's future as global markets face upheaval. Read the full story on Bloomberg.
Published on: January 28, 2025, 12:06 PM UTC
President Trump plans to raise tariffs for all, saying he wants a rate "much bigger" than 2.5%. The move is seen as a way to protect US jobs and businesses.
Published on: January 28, 2025, 12:05 PM UTC
General Motors reported strong fourth-quarter 2024 results and a 2025 earnings forecast, exceeding expectations. The automaker sees continued demand for its gas-powered trucks and SUVs, while projecting narrowing EV losses, China business improvements, and Cruise savings. GM's fourth-quarter revenue of $47.7 billion and EPS of $1.92 surpassed analyst estimates.
Published on: January 28, 2025, 12:05 PM UTC