DeepSeek Is Upending Wall Street’s Big AI Power Trade
The selloff extended to shares of natural-gas producers, pipeline operators, mining companies, and electricity generators.
The selloff extended to shares of natural-gas producers, pipeline operators, mining companies, and electricity generators.
Also: Meta forms DeepSeek war rooms, Ryanair CEO hopes Trump scares Europe.
Smithfield Foods stock fell in its trading debut Tuesday after the U.S. pork giant priced shares below their marketed range.
When Tesla reports results Wednesday, they will likely including thinner profit margins and the first drop in annual car sales in its history. But that doesn’t seem to bother a large swaths of its investors, who seem more excited about CEO Elon Musk’s bromance with President Donald Trump than they are by troubling fundamentals.
Off-Road and powersports vehicle corporation Polaris (NYSE:PII) announced better-than-expected revenue in Q4 CY2024, but sales fell by 24.1% year on year to $1.76 billion. Its non-GAAP profit of $0.92 per share was 1.9% above analysts’ consensus estimates.
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Across more than three dozen charts, top Wall Street experts explain how the stock market's outstanding two-year run is reaching a turning point as a new president enters the Oval Office and interest rates are expected to remain higher than the pre-pandemic normal.
(Bloomberg) -- Several measures of stock market health suggest that Monday’s sudden slump was in fact mostly an isolated hit to the world’s biggest technology firms and AI-related shares.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Mon
(Bloomberg) -- As the Federal Reserve’s two-day meeting begins, investors have accepted that the central bank probably won’t be cutting interest rates this time. But with the stock market at a tenuous point, what they’re looking for is any signal from Chairman Jerome Powell on which way inflation is going.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Ru
Retail investors bought a record amount of Nvidia stock on Monday after concerns over a low-cost artificial intelligence model from Chinese startup DeepSeek stripped 17% off its shares.