Latest News View More Republican state attorneys pressure Costco to drop diversity policies Nineteen Republican attorneys general have called on Costco Wholesale to abandon its diversity, equity, and inclusion policies, citing concerns about discrimination and legal risks. This comes after 98% of the U.S. retailer's shareholders last week voted against a proposal requesting a report on the risks tied to its diversity and inclusion initiatives, pushing back against the growing scrutiny such policies face. Costco did not immediately respond to a Reuters request for comment outside regular business hours. Reuters • 8 minutes ago COST It’s time to take profits from our winning stock tips – and where you should put them Trio of ANZ Credit Traders to Join Standard Chartered Trump's copper, aluminium tariffs may raise costs for U.S. consumers India’s Smallcap Stock Index Plunges 20% From September High Asian Stocks Drop on AI Concerns, Dollar Advances: Markets Wrap Copper Extends Losses After Trump Threatens Tariffs on Metals Stock Market News View More Japan Tech Selloff Extends as DeepSeek Pressures AI Stocks (Bloomberg) -- Shares of Japanese semiconductor-related companies including Advantest Corp. and Disco Corp. extended Monday’s drop after the release of Chinese AI model DeepSeek prompted a selloff in US tech stocks.Most Read from BloombergWhat Happened to Hanging Out on the Street?Texas HOA Charged With Discrimination for Banning Section 8 RentersVienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Le Bloomberg • 1 hour ago NVDA -16.97% Tech stock selloff deepens as DeepSeek triggers AI rethink Nuclear stocks tank as energy names get caught in DeepSeek-fueled rout PHOTO COLLECTION: Financial Markets Currency markets jittery as traders assess DeepSeek, tariff concerns The AI-stock wipeout lays bare 2 risks investors have been happy to ignore - until now Vistra Stock Plunged Nearly 30% During Monday's AI Selloff—What Comes Next? Earnings View More What Analysts Think of Apple Stock Ahead of Earnings Apple is set to report fiscal first-quarter results after the closing bell Thursday, with analysts watching for signs the iPhone maker’s stock can recover after a disappointing start to 2025. Investopedia • 5 hours ago AAPL Marten Transport’s earnings turn the corner in Q4 Morning Bid: China's AI neophyte rocks Wall St ahead of Fed, mega-tech earnings Graco (NYSE:GGG) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops DeepSeek sell-off reminds investors of the biggest earnings story holding up the stock market Starbucks earnings are coming. Here's what to expect What Analysts Think of Intel Stock Ahead of Earnings What is DeepSeek? DeepSeek, a Chinese artificial intelligence (AI) startup founded in 2023, is gaining attention following the January 20th release of its open-source R1 model, which rivals OpenAI's o1 model. Market Domination host Julie Hyman explains the new AI chatbot, noting that the model's intrigue is due in part to its cost-efficient development without Nvidia's (NVDA) advanced chips, potentially breaking export restrictions. Despite some issues, including biased responses, DeepSeek has quickly gained popularity, topping app store charts. Geopolitically, DeepSeek's rise highlights the competitive AI race, impacting major indexes (^GSPC, ^IXIC). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch 01:45 Elon Musk's DOGE hiring push sparks questions over its mission 04:25 Winners and losers in Monday's DeepSeek shake-up 05:24 How to avoid, prevent 'financial infidelity' in your relationship 01:55 A breakdown of Trump's sweeping tariff proposals, their impact From the Yahoo Finance Newsroom View More Why market panic over China's DeepSeek is 'overblown,' analysts say AI-exposed power stocks crushed as fears about DeepSeek trigger tech sell-off Stock market today: Nasdaq clobbered, Nvidia sinks 17% while Dow stages comeback as AI fears shake markets Small business needs ‘never change,’ regardless of who occupies the White House: Former Biden adviser DeepSeek could 'enhance' investor excitement about Tesla's value outside selling cars Tax season kicks off today. There are two big changes to know about. DeepSeek is making Wall Street nervous about the AI spending boom: Here’s what we know Apple, Meta Platforms rise to lead 'Magnificent 7' stocks amid AI washout Premium News View More DeepSeek’s Implications For AI; Why Stargate Should Be Taken Seriously How Trump’s Order Blitz Played Out for Tech Nasdaq, S&P 500 Retreat Amid AI Competition Concerns From Chinese Startup S&P 500 Companies' Earnings Have Surprised to the Upside Thus Far, Oppenheimer Says January Texas Manufacturing Activity Unexpectedly Accelerates QXO Launches Tender Offer to Buy Beacon Roofing in $11 Billion Bid Meta Platforms Poised for Fourth-Quarter Earnings Beat, BofA Says Nasdaq, S&P 500 Slide Amid AI Competition Concerns From Chinese Startup Housing View More BMO Managing Director Dismissed Over SEC Mortgage-Bond Probe Inflation fears, housing prices startle consumers Mortgage and refinance rates today, January 27, 2025: This week's Fed meeting could cause rates to shift An outdated IRS tax law that’s unchanged since the Clinton era is making the U.S. housing crisis worse Trump’s Real Estate Empire: How Much His Properties Are Actually Worth 20 Housing Markets Where Homes Will Skyrocket in Value Before the End of 2025 Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market? Housing market rewind: Home sales drop in 2024 to level not seen since the '90s Personal Finance 5 must-know facts before applying for the Kikoff credit card Yahoo Personal Finance • 6 hours ago Community bank vs. credit union: Key similarities and differences What is a passbook savings account? Tech Japan Tech Selloff Extends as DeepSeek Pressures AI Stocks Bloomberg • 1 hour ago NVDA -16.97% VCs Who Bet $300 Billion on AI Say DeepSeek Will Fuel Industry Trump Says Microsoft Eyeing TikTok Bid to Keep App in US Crypto Bitcoin Drop Fueled by Shakeup in AI Sector Casts Cloud Over Crypto Rally Bloomberg • 2 hours ago KuCoin pleads guilty, agrees to pay nearly $300 million in US crypto case Should You Buy Bitcoin ETFs Now? More News I Want to Give $50k to My Daughter for a Down Payment on a Home - Do I Need to Worry About Taxes? Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular framing, the federal gift and estate taxes only apply to very wealthy households. Unless you have approximately $13 million to […] The post I Want to Give My Daughter and Her Husband $50,000 For a Down Payment. Do I Have to Worry About the Gift Tax? appeared first on SmartReads by SmartAsset. Why Nvidia, Broadcom, Microsoft, and Other Artificial Intelligence (AI) Stocks Crashed Monday Morning Unexpected results from an AI upstart have sent these stocks reeling. Analyst Report: AT&T Inc. The wireless business contributes nearly 70% of AT&T’s revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 15% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm recently agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG. As DeepSeek Ravages Nvidia, This AI Stock Conjures A Breakout As DeepSeek rattles Nvidia and other AI names, ServiceNow stock holds strong near a breakout with earnings due. Bitcoin Follows Tech Stocks Lower as New AI App Rattles Markets (Bloomberg) -- Bitcoin and other cryptocurrencies tumbled, following technology stocks lower, as the emergence of a new Chinese artificial-intelligence model triggered a global selloff in riskier assets. Most Read from BloombergWhat Happened to Hanging Out on the Street?Texas HOA Charged With Discrimination for Banning Section 8 RentersVienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Leadership Ov Emerson to buy remaining stake in AspenTech for $7.2 billion (Reuters) -U.S. industrial company Emerson Electric agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech that it does not already own, the companies said on Monday. The takeout deal strengthens Emerson's transformation from its 1890 origins as a motor and fan manufacturer in St. Louis into an industrial technology company focused on factory floor automation. Emerson agreed to pay proportionally more than the $6 billion it offered in 2022 to buy 55% of the software supplier, then valued at roughly $11 billion. Analyst Report: J.B. Hunt Transport Servs, Inc J.B. Hunt Transport Services, based in Arkansas, provides surface transportation, delivery and logistic services throughout the U.S. and to destinations in Canada and Mexico. The company has approximately 35,000 employees. JBHT shares are a component of the S&P 500. Chip Stocks Tumble After China’s DeepSeek AI Models Raise Doubts Over U.S. Tech Dominance Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips. AI-Fueled Stock Rally Dealt $1 Trillion Blow by Chinese Upstart (Bloomberg) -- For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors. The Nasdaq 100 Index rose 92% from the start of 2023, adding more than $14 trillion in value and minting billions for a handful of tech executives and founders.Most Read from BloombergWhat Happened to Hanging Out on the Street?Texas HOA Charged With Discrimination for Banning Section 8 RentersVienna Embraces Heat Pumps to Ditch Russian GasBudapest Mayor Aims t AI-themed ETFs plunge in wake of DeepSeek news (Reuters) -Prices of exchange-traded funds with outsize exposure to Nvidia plunged on Monday in reaction to news that a Chinese startup has launched a powerful new artificial intelligence model. Technology market insiders like venture capitalist Marc Andreessen have labeled the emergence of year-old DeepSeek's model a "Sputnik moment" for U.S. AI companies, most of whose share prices slid on news that downloads of DeepSeek already have overtaken those of U.S. rival ChatGPT on Apple's online app store. While Nvidia's share price traded about 17.3% lower by midafternoon on Monday, prices of exchange-traded funds that offer leveraged exposure to the chipmaker plunged still further.
