Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still spend billions on AI data centers.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
The selloff​ extended to shares of natural-gas producers, pipeline operators, mining companies​, and electricity generators.
Futures for Canada's main stock index rose on Thursday, supported by gains in metal prices, while investors digested earnings from some of the big tech megacaps on Wall Street.
Chinese startup DeepSeek published a research paper in which it claimed to have trained a large language model rivaling the performance of leading U.S. models, while spending much less money than U.S.
Not every outlet popular with conservative readers is cheerleading for President Donald Trump. The Rupert Murdoch-owned Wall Street Journal has notably applied some brakes on its editorial pages during the new president's first week in office.
For years now, those who have worried about the equity market’s overvaluation have been voices in the wilderness. As the bull market continued to power the market ever higher, these worriers were dismissed as paranoid Chicken Littles worried that the sky is falling.
Tesla is a controversial stock and there is no shortage of opinions about what will happen later today. Artificial intelligence, demand, and President Donald Trump’s electric-vehicle policies are three key issues facing the company,