The major market averages on Wall Street opened higher on Friday, with the Nasdaq leading the pack, as Apple and Intel's earnings reports brought cheer, while the Fed's preferred inflation gauge came in line with expectations.
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Technology stocks plunged Monday after China’s DeepSeek announced it had trained a sophisticated AI model at a fraction of the cost of Silicon Valley firms, sparking a sharp reversal in the AI rally.
The shock to financial markets came from China, where a company called DeepSeek said it had developed a large language model that can compete with U.S. giants but at a fraction of the cost.
Christopher McMahon, CEO of Aquinas Wealth Advisors and author of “Faithful Finances”, spoke with Quartz for the latest installment of our “Smart Investing” video series.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
Sources: FactSet, DowJones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
Stock index futures were higher on Fridays, with Nasdaq futures leading the pack, as Apple and Intel's earnings reports brought cheer. Investors are now awaitin