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Trump Says Microsoft Among Companies Eyeballing TikTok

President Trump says Microsoft is one of the companies eyeing TikTok, but says he would prefer it to be an American company that acquires the company.

Tech stocks tumble over AI fears, Nvidia plunges

China's DeepSeek AI raises AI spending concerns, leading to a sell-off in tech stocks, with Nasdaq down over 3%, S&P 500 down nearly 1.5%, and Nvidia dropping a record $589 billion in market value. Investors flock to defensive sectors, with Dow Jones gaining over 0.6%. Apple, Meta, and Salesforce buck the tech rout, while chipmakers ASML, Broadcom, and Micron Technology lose ground. Federal Reserve's first policy meeting of 2025 and big tech earnings kickoff this week, with focus on guidance for future profit amid DeepSeek's impact on revenue prospects.

ANZ Senior Credit Traders Defect To Standard Chartered

ANZ Credit Traders Join Standard Chartered Amid Asia Hiring Surge

Preferred Bank reports Q4 earnings miss estimates

Preferred Bank reported fourth-quarter earnings of $30.2 million, or $2.25 per share, missing analysts' estimates of $2.42 per share. Revenue was $129.5 million, with net interest revenue of $72.8 million, beating expectations.

Market Jitters Send Oil Lower as China, Trump's Trade Moves Weigh

Oil slides alongside equities as AI startup DeepSeek's troubles fuel US market rout; China's economy falters and factory activity shrinks; Trump's trade moves and attack on Ryazan refinery add pressure.

Nasdaq Plunges 3% as DeepSeek Fears Spur AI Rout

Chinese startup DeepSeek jolts AI dominance narrative, US tech stocks plunge (Nasdaq down 2.65%)

Italian Billionaire's Role in Reshaping Italy's Financial Sector

Italian billionaire Francesco Gaetano Caltagirone is emerging as a key player in Italy's financial sector, with significant stakes in Mediobanca, Generali, and Monte dei Paschi di Siena. Caltagirone's influence in Italian banking is growing amid consolidation efforts and corporate governance changes.

Texas, 9 Other States Probe Wall Street Diversity Programs

Texas and nine other Republican-led states are increasing pressure on Wall Street's diversity, equity, and inclusion (DEI) programs, claiming firms may be violating fiduciary duties and engaging in illegal discrimination.

US Stocks Stall as Traders Eye Earnings, Fed

US stocks rally stalls as investors await earnings and Fed meeting.

Trump Demands Immediate Interest Rate Cut

US President Donald Trump demands immediate interest rate cuts, calls for global rate cuts amid oil price drop.