Meta climbs and Microsoft falls
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns about rising AI costs in the US.
These Stocks Moved the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More Stocks fluctuated Thursday as shares of tech companies struggled following mixed earnings and as Wall Street awaited Apple’s quarterly report.These stocks were making moves Thursday:Tesla reported fourth-quarter adjusted earnings of 73 cents a share,
Meta CEO Mark Zuckerberg says the company will stick to its plan to invest billions in AI despite the impact of DeepSeek.
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was hilarious.
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a half a trillion dollars in the first month of 2025 as banks and technology vendors vie to build out massive AI compute.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Nvidia CEO Jensen Huang has a vision for the future — and some advice for the generations that will navigate it.
If you own either the Apple Vision Pro or the Meta Quest 3 then you are in luck, as Nvidia has brought access to some of the biggest names in gaming.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.