Market

The stock market plunge on Monday highlights the importance of Big Tech earnings to the ongoing bull market and investors' expectations for 2025. Investors' concerns over rising AI competition, sparked by Chinese company DeepSeek, drove a rout in Nvidia and "Magnificent Seven" tech stocks like Microsoft, Alphabet, and Tesla. With Big Tech earnings growth slowing, some strategists advocate for a broader market rally, but the tech sector remains a key driver of overall market returns this year.

Published on: January 27, 2025, 10:01 PM UTC

Nvidia's Market Value Plummets as Chinese Generative AI Model Emerges, Threatening US Tech Dominance

Published on: January 27, 2025, 10:01 PM UTC

Venture Global Inc. shares tumbled 20% from its IPO price as investors remain cautious about companies without public track records.

Published on: January 27, 2025, 10:00 PM UTC

Starbucks is striving to brew up a comeback, with Wall Street expecting its first quarter fiscal year 2025 results on Tuesday. Analysts expect revenue to come in at $9.32 billion, compared to $9.43 billion from the year-ago quarter, and same-store sales and foot traffic are projected to decline.

Published on: January 27, 2025, 09:02 PM UTC

A new Chinese AI model raises concerns about the valuation of tech stocks, leading to a plunge in equity markets worldwide. Investors rush for safety in defensive industries, while the crypto world comes under pressure. This story highlights the potential risks of investing in AI-enabled firms, with earnings projections slowing down despite high valuations. Earnings announcements from Microsoft and Apple this week are crucial for restoring confidence.

Published on: January 27, 2025, 09:00 PM UTC

Wall Street requests more time to implement SEC rule on Treasury clearing

Published on: January 27, 2025, 08:00 PM UTC

GM investors await Q4 earnings as automaker faces challenges in 2025, including EV profitability and autonomous driving tech.

Published on: January 27, 2025, 07:05 PM UTC

Ex-CFO of Archegos Capital Sentenced to 8 Years in Prison for Role in Collapse

Published on: January 27, 2025, 07:05 PM UTC

AT&T stock soars 7.1% after reporting Q4 results that beat expectations. Revenue also narrowly outperformed estimates, fueled by better postpaid phone net adds and broadband net adds.

Published on: January 27, 2025, 07:05 PM UTC

US stocks sank Monday, led by a sell-off in technology shares as a Chinese startup raised concerns about American dominance in artificial intelligence (AI). The tech-heavy Nasdaq Composite (^IXIC) dropped nearly 3.5%, while the S&P 500 (^GSPC) fell almost 2%. The blue-chip Dow Jones Industrial Average (^DJI), less dependent on tech stocks, bucked the trend, closing up 0.1%.

Published on: January 27, 2025, 07:04 PM UTC