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.
Earnings season continues, with a diverse array of companies set to report their financial results on Wednesday, January 29, 2025. Leading the charge are tech giants Microsoft, Tesla, and Meta, along with other notable firms across various sectors.
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
The Dow Jones led, the S&P 500 hit record highs and many tech growth leaders among the winners.The Dow Jones Industrial Average popped 2.15% in last week's stock market trading. The S&P 500 index gained 1.
DeepSeek’s cost-efficient AI training advancements rocked tech markets on Monday and came in just in time to give U.S. tech investors a reason to pay close attention to earnings season. Tech earnings will kick off on Wednesday,
Latest earnings for four Magnificent Seven stocks are announced this week. Results will be key to restoring investor sentiment after DeepSeek shock
Chicago, IL – January 27, 2025 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list Tesla TSLA, Microsoft MSFT, Meta Platforms META and Apple AAPL.
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important for markets than the Fed's rate decision.
The surge in Chinese AI chat assistant DeepSeek to the top of the Apple app charts couldn’t have been better timed to put pressure on the biggest U.S. technology companies. Four of the Magnificent Seven companies–the tech titans that powered huge gains in stock indexes over the past two years–report earnings this week.
Jan. 28, 8:45 a.m. EST Shares of the two companies most severely impacted by the DeepSeek reaction, Nvidia and Oracle, rose about 3% apiece in premarket trading, though both American technology firms are still on track to open with a more than 10% weekly loss.
U.S. stocks recovered some ground Tuesday morning after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.