‘Is DeepSeek a DeepFake or real?’ Doubts and questions emerge on Wall Street and in Silicon Valley
Also: Meta forms DeepSeek war rooms, Ryanair CEO hopes Trump scares Europe.
Read MoreUS Pork Giant Smithfield Foods Stock Slips in Trading Debut
Smithfield Foods stock fell in its trading debut Tuesday after the U.S. pork giant priced shares below their marketed range.
Read MoreTrump Says He Has ‘NO INTENTION’ of Selling ‘DJT’ Stock
Key Takeaways “I HAVE NO INTENTION OF SELLING,” President-Elect Donald Trump wrote on Truth Social …
Read MoreTesla just had its worst sales year ever. But the stock has had a great run
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.
Read MoreBitcoin price today: rises to $103k on dip-buying, but AI, Trump caution persist
-- Bitcoin rebounded from recent losses on Tuesday amid some bargain buying at sub-$100,000 levels, although traders remained on edge over a renewed market rout on...
Read MorePolaris’s (NYSE:PII) Q4: Beats On Revenue But Stock Drops
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.
Read MoreBest money market account rates today: January 28, 2025 (earn up to 4.75% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Read MoreYahoo Finance Chartbook: 44 charts that tell the story of markets and the economy to start 2025
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.
Read MoreWhy Tech’s DeepSeek Slump Left Rest of Market Historically Unscathed
(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
Read MoreInvestors to Watch Powell’s Tone as Market Teeters
(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
Read MoreRetail investors bought record amount of Nvidia stock in DeepSeek rout
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.
Read MoreArizona advances bill to establish Bitcoin strategic reserve
-- Arizona lawmakers on Monday advanced a bill allowing state funds to invest in Bitcoin and establish a strategic reserve of the cryptocurrencies, furthering the bill...
Read MoreDeepSeek’s AI Model Just Upended the White-Hot US Power Market
(Bloomberg) -- It took just a single day's trading for Chinese artificial intelligence company DeepSeek to upend the US power market’s yearlong hot streak premised on a boom in electricity demand for artificial intelligence.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 PAT
Read MorePolymarket signaled Trump win, will return to U.S.
Online election betting platform Polymarket plans to bring its prediction markets back to customers in the United …
Read MoreIranian asset charged in plot to assassinate Trump, DOJ says
The Justice Department says it has thwarted an Iranian plot to kill President-elect Donald Trump …
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