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Elon Musk's $97.4 Billion Offer for OpenAI: Altman Declines, Calls Musk a "Swindler"

OpenAI CEO Rejects Elon Musk's $97.4 Billion Offer; Musk Labels Him a "Swindler"

Tech Giants' AI Spending Spree Spurs Market Jitters

The Magnificent Seven tech stocks of META, AAPL, GOOG, AMZN, NVDA, MSFT, and TSLA underwhelm in January, with only META posting double-digit gains. Tesla is the worst performer with a 6% drop, and concerns over AI spending weigh on sentiment.

US Stocks Up Monday as Investors Look Past Tariff Threats

US stocks rebounded on Monday after investors looked past the latest trade tensions caused by President Trump's tariff announcements, which included new levies on steel and aluminum imports. The Dow Jones Industrial Average climbed 0.2%, the S&P 500 rose 0.6%, and the Nasdaq Composite surged 1.1% as AI chip giant Nvidia's shares soared. Investors weighed Trump's additional 25% tariffs on steel and aluminum from all countries, with the official announcement made on Monday. The metals tariffs are expected to benefit US steel companies, whose stocks jumped.

Rivian Opens Up Commercial Van Orders, Expanding EV Market Potential

Rivian opens up orders for its commercial van beyond its initial launch partners, creating a potential lucrative business for the pure-play EV maker.

Gold Scales Record Highs, $3,000 Milestone Nears Amidst Tariff Tensions

Gold hits record high as Trump's latest tariff threats spark another rush to safety, with the precious metal closing in on $3,000 an ounce as central bank demand remains strong.

MicroStrategy Buys $742 Million of Bitcoin, Resumes Weekly Purchases

MicroStrategy amassed $742.2M in Bitcoin over the past week, owning 2.5% of the circulating supply. Despite reporting a $670.8M Q4 loss, the company remains profitable due to accounting changes.

Modi-Trump meet: Energy, defence imports, trade war on agenda

Indian PM Modi to Discuss Energy Imports, Defense Deals, and Market Access in US Visit

Tariffs Loom, But Stock Market Remains Buoyant

While tariffs potentially pose significant threats to corporate earnings, the stock market remains resilient, trading near record highs, reflecting speculation that tariffs may be short-lived or less impactful. However, analysts believe tariffs could reduce EPS by 1-8%, affecting at least two-thirds of S&P 500 EPS growth in 2025. Uncertainty surrounding tariffs poses additional risks to businesses. Notably, strong earnings performance, a key driver of stock prices, remains a positive factor. Despite mixed signals from sentiment surveys and hard economic data, positive operating leverage from cost restructuring and technological advancements has contributed to robust earnings growth. Despite inflation concerns and geopolitical tensions, investors remain positive about the long-term market outlook.

Content Creator Reveals the Truth Behind Viral Posts and Income from Social Media

Content creator Mary Esposito reveals how she generates income from social media on Yahoo Finance's Stocks in Translation. Learn the secrets behind viral posts, sponsorships, and the impact of social media platforms on content creators.

Despite Tariffs, Stock Market Remains Near Record Highs

Despite looming tariffs, the stock market remains near record highs as investors bet on earnings growth. Earnings are the main driver of stock prices, and analysts expect S&P 500 earnings to grow significantly in the coming years. However, tariffs could potentially impact earnings, and the market may have to adjust if tariffs are implemented.