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Wall Street Stocks Dip as US-China Trade War Escalates

US stock futures pull back after earnings miss from Alphabet and AMD, with tech-heavy Nasdaq 100 futures leading declines as investors react to US-China trade war concerns.

Workday to Cut 8.5% of Workforce Amid Competition and Spending Concerns

Workday to cut 8.5% of workforce amid competition, uncertain spending

US Stocks Post Gains Amid Trade War Fears and Jobs Data

US stocks rose on Tuesday, led by Big Tech companies, as investors assessed China's immediate retaliation to President Trump's additional tariffs and the potential risks of a trade war. Traders also considered new jobs data, which showed a larger-than-expected decline in job openings in December. Investors continue to watch for signs of a cooling labor market as the Federal Reserve considers future interest rate cuts amid persistent inflation.

Snap Benefits from TikTok's Uncertain Future

Snap reports positive impacts from TikTok uncertainty, with user growth and revenue increase. Spotlight, Snapchat's TikTok alternative, attracts creators. Public content growth on Snapchat reaches 1 billion monthly posts.

Chinese AI models gain traction, marking 'watershed moment'

Chinese companies rally to support DeepSeek's AI models, marking a "watershed moment" for the industry as domestic chips prove capable of running competitive large language models.

Pfizer CEO Downplays Senator Kennedy's Vaccine Stance

Analysts foresee trouble for vaccine manufacturers after Robert F. Kennedy Jr.'s nomination for Health and Human Services (HHS) secretary advances in the Senate. However, Pfizer CEO Albert Bourla remains optimistic, citing Kennedy's moderate stance in private meetings. Bourla's support aligns with others who have engaged with Kennedy, including Senator Bill Cassidy, despite concerns within the medical community.

India's Earnings Slowdown Raises Concerns for $4.1 Trillion Stock Market

India's stock market faces challenges amid slowing corporate earnings, economic slowdown, and global uncertainty. Citigroup and HSBC cut profit forecasts, while NSE Nifty 50 earnings growth is expected to be below 5%, the slowest since the pandemic. Weak results from Adani Enterprises, Tata Motors, and others have led to market declines and raised concerns about the impact of recent tax cuts.

US Stock Futures Slip as Trade Tensions Escalate, Earnings Reports Disappoint

US stock futures fell as the US-China trade war escalated, with major indices dipping. Alphabet, AMD, and Chipotle saw declines after earnings reports, while investors await Disney's results. Asian markets reacted to trade tensions, with China's CSI 300 initially rallying but then falling, while Japan's Nikkei slipped.

Asian markets react to US-China tariffs

Asian stocks were mixed as markets assessed the impact of US-China tariffs. Japan's Nikkei slipped, while Australia's S&P/ASX rose, and China's Shanghai Composite lost ground.

China tungsten producers rally after Beijing's export curbs

Chinese tungsten shares soar as Beijing tightens export controls on critical mineral