From the Yahoo Finance Newsroom Stock market today: Dow, S&P 500, Nasdaq futures slide as Trump orders new tariffs US Stock futures falter in the face of AI spend, tariffs and trade uncertainty. Yahoo Finance • 5 hours ago NQ=F YM=F As he targets the CFPB, Elon Musk looks to dismantle his own potential regulator Elon Musk and DOGE have begun making moves toward dismantling the CFPB. The watchdog agency would be in charge of regulating X, which Musk wants to transform into a payments platform. Coca-Cola expected to report a quarter of growth as it battles for market share with PepsiCo Coca-Cola is expected to post another strong quarter as it gains ground on rival PepsiCo. Elon Musk reportedly offers $97.4B for OpenAI, Sam Altman says 'no thank you' OpenAI CEO Sam Altman shot down an unsolicited offer by Elon Musk to purchase OpenAI for $97.4 billion. Stock market today: S&P 500, Nasdaq lead rally as Nvidia jumps, markets brush off Trump tariff threats Investors are weighing Trump's pledge on Sunday to introduce additional 25% tariffs on steel and aluminum from all countries. Newman: Why Trump is killing the penny and ransacking the government Trump has a master plan, of sorts: Cut spending everywhere and make the United States a low-tax haven. The Magnificent 7 trade is struggling — Here's why The Mag 7 trade has cooled down. Here is the simplest reason why. Disney removes two DEI programs from annual filing as more companies scale back diversity commitments Disney is seemingly joining a growing list of companies scaling back corporate diversity, equity, and inclusion initiatives. Rivian opens up commercial van orders, a potentially lucrative business Rivian announced on Monday that it is opening up orders for its Rivian Commercial van beyond its initial launch partners, potentially creating a lucrative business for the pure-play EV maker. Musk suggests closer scrutiny of Fed as Powell prepares to face Congress Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the comments just days before Fed Chair Jerome Powell is scheduled to testify on Capitol Hill. Gold surges past $2,900 to new record amid tariff threats Gold surged to a new record amid trade war concerns. McDonald's misses the target with Q4 earnings as it looks to boost value perception in 2025 It was a quarter filled with an E. coli outbreak and tough weather; now McDonald's is eager to move the narrative forward. Trump tariffs may trigger 'painful' stagflationary shock: Economist Apollo Global Management chief economist Torsten Sløk sent a warning on the knock-on effects of tariffs by President Trump. New 25% tariffs on steel and aluminum to start March 4 as Trump reworks the US trade landscape Donald Trump's rapid reorientation of the US trade landscape continued apace on Monday as he signed an executive order to impose 25% duties on steel and aluminum regardless of the source country. They kick in March 4. 3 reasons why Nvidia is underperforming the S&P 500 going into its earnings Nvidia has had a rough month. TKer: Even with tariffs looming, the stock market continues to trade near record highs Even if tariffs ultimately aren’t imposed, the uncertainty and volatility caused by the threat of tariffs could prove costly. What economic leaders said about the future of AI in the workforce at Davos Economic leaders had a lot to say about the future of artificial intelligence in the workforce — and the perspectives vary. Hidden AI stocks set to rally amid DeepSeek's breakthrough, analysts predict For investors looking to cash in on AI’s next growth phase, it may be time to look beyond hyperscalers and chipmakers like Nvidia and AMD. Conservative activist Robby Starbuck says JPMorgan a 'target' in crusade against corporate DEI policies Anti-DEI activist Robby Starbuck laid out his strategy for targeting companies and getting them to shift on diversity initiatives. Donald Trump’s DJT wants to get into the bitcoin ETF business Donald Trump’s namesake Trump Media wants to launch a bitcoin exchange-traded fund, marking another way the US president could participate financially in a digital asset surge that followed his election. What Big Tech execs have said about DeepSeek as US contemplates ban As Big Tech earnings season enters full steam, DeepSeek AI is either a bright spot — touted by CEOs as proof of their company’s potential in the booming AI market — or a blemish best left unmentioned. Trump tariffs rip right through C-suites and financial models Top leaders bring Yahoo Finance into the challenging world of navigating Trump administration policies. Investors await new inflation data amid tariff concerns: What to know this week A fresh reading on consumer prices headlines the week ahead as markets have been jittery about Trump policy and the path forward for inflation. TikTok influencer: My video went viral online. Instagram paid me just $140. FinTok influencer Mary Esposito breaks down how she makes money from her social media presence on an episode of Stocks in Translation. Authors say skip the guilt, spend on what you love Looking to take control of your spending? Authors of new book say it’s not about following a strict budget. Elon Musk claims he's slashing spending, but his cuts will barely make a dent Elon Musk claims to be on a crusade to slash federal spending, but his targets so far will make no meaningful difference in the deficit. What happened to Nissan? And what happens next if a Honda merger is truly dead? Japanese automaker Nissan finds itself at a crossroads. While Nissan potentially scrambles for a new dance partner, the question remains how Nissan arrived at the position it finds itself in now. How a 50-year-old law changed retirement and why it needs a facelift Federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income Security Act, or ERISA. It's having a midlife crisis. This week in Trumponomics: Labor pains The Trump economy is getting off to an iffy start. Voters expect more. Microsoft's Bill Gates: Steve Jobs was a genius in this area Bill Gates offers up praise for his late rival, Apple co-founder Steve Jobs. Team Trump’s fight to convince Wall Street that Musk's DOGE is good for markets Top Trump officials fanned out this past week to talk to markets about the upside of Elon Musk’s activities as questions mounted about his team’s access to a sensitive payments system. Trump wants to put tariffs on prescription drugs. Experts warn it could backfire. A tariff on imported drugs won't easily bring production back to the US, experts warn. Chart of the Week: 2025's monster AI spend is now revealed This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get bigger and bigger. Tesla stock posts weekly loss as slump in China deliveries caps volatile week Tesla stock was on on track for a weekly loss of 9% as China deliveries last month fell to cap a volatile week for the automaker. Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week Investors took in Amazon earnings, with the all-important jobs report on deck. Oil posts weekly loss as US-China trade war sparks demand concerns Oil headed for its third week of losses as concerns over a US-China tariff war outweighed the risk to supply from sanctions against Iran. The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025 A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near future. Big Tech set to invest $325 billion this year as hefty AI bills come under scrutiny Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure. Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank 'may be on hold' for now, but he still sees interest rates moving lower over the 'next 12-18 months.' Inflation fears rise to highest since Nov. 2023 as consumer sentiment hits 7-month low The latest University of Michigan consumer sentiment survey showed more Americans are anxious about the inflation outlook. Big Tech is a pawn in US-China trade war. Here's why some will feel the heat more than others. Big Tech is the key piece of the US-China trade war. And some companies are going to feel the heat far more than others. Consumers might finally be accepting higher-for-longer mortgage rates As average 30-year mortgage rates have stayed stuck around 7%, the net share of consumers who believe they’ll fall in the next 12 months declined sharply in Fannie Mae’s latest survey on housing market attitudes. Super Bowl food stock plays: Wingstop, Domino's poised to win on game day This Sunday will be a boon to the top brands behind chicken wings, pizza, and beer. January jobs report: Unemployment rate falls to 4%, wages rise more than forecast as US labor market remains resilient to start 2025 The January jobs report comes as investors are closely watching for any clues about whether or not the Federal Reserve will cut interest rates in 2025. Do Trump tariffs make retail stocks totally untouchable? The newly introduced trade tariffs on goods won't impact companies like Nike as much as a lack of inspiration, according to BMO Capital Markets analyst Simeon Siegel. Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying Amazon's light guidance overshadows an otherwise solid quarter. Amazon's revenue finally overtakes Walmart: Morning Brief Nearly 10 years after surpassing Walmart in market cap, Amazon passes the retail giant in revenue. Newman: Trumpers are souring on Elon Musk Voters seem to be having second thoughts about Musk as his efficiency commission rampages through the federal bureaucracy. Stock market today: S&P 500, Nasdaq pop with Amazon set to highlight earnings rush Investors are braced for a busy day of earnings, with Amazon serving as the highlight. The White House says Trump wants to close a favorite tax break of hedge fund managers The White House said the president wants to end a carried interest tax break prized by Wall Street hedge funds and private equity firms.