Global stock markets saw a mixed day on Tuesday, with some rising and others falling. This happened as people traded during the Lunar New Year holiday. The change came after big tech companies in the US saw their stocks drop. A new competitor from China is making waves in the artificial intelligence
Monday was a wild day on Wall Street, with the S&P 500 taking a dip. The culprit? A Chinese AI startup named DeepSeek. The big question was whether this startup created a super-efficient AI model with very little investment. If true, this could shake things up for the big tech players like Amazon, M
Imagine this: you're a big tech company in the U. S. , riding high on the AI wave. Then, out of nowhere, a little-known Chinese startup called DeepSeek shows off a chatbot that's as good as yours, but way cheaper. That's what happened, and it sent shockwaves through the U. S. stock market. Companies
Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input
What's the deal with American Express' spending spike last year? It's all about the younger folks! Last quarter, AmEx cardholders ramped up their spending by 8% compared to the previous year. This jump came after a slower period where growth rates hovered around 6% in the second and third quarters.
Stocks took a slight dip on Friday, marking a pause after hitting all-time highs the day before. The S&P 500 slipped by 0. 3%, while the Dow Jones and Nasdaq followed with similar drops. Bond market steadiness played a role, with concerns over inflation and U. S. debt affecting yields and stock pric
You might not think about it, but hot weather can actually affect your investments. A recent study found that extreme heat waves since 1979 have led to a drop in stock prices by up to 3. 1%. Europe tends to experience more severe heat waves than the U. S. , but Americans are more concerned about rec
On Thursday, the S&P 500 reached new heights, climbing by 0. 53% and closing at 6, 118. 71, its highest point ever. The Dow Jones Industrial Average also jumped, gaining 408. 34 points to hit 44, 565. 07. The Nasdaq Composite followed suit, inching up by 0. 22% to 20, 053. 68. This marked the fourth
Investors are playing it safe as they wait for more details on President Trump's tariff plans. The Dow Jones Industrial Average slipped slightly on Friday, but it's still looking at a big gain for the week. Meanwhile, the S&P 500 and Nasdaq were barely moving. Business activity slowed in January, b
President Trump's new AI project, Stargate, is creating a buzz among tech stocks. This $500-billion venture, joining forces between OpenAI, Oracle, and SoftBank, aims to beef up the U. S. 's AI infrastructure. Since the announcement, Oracle's shares have surged by nearly 15%, and Microsoft's by 3%.
