My top 10 things to watch Thursday, Feb. 20 1. Wall Street was heading for a lower open Thursday after the S & P 500 closed at another record. Following Wednesday’s strength, the Dow and Nasdaq finished less 1% off their all-time highs. It is Monthly Meeting Day for the Club. Kicking off at noon…
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect…
“My pathway led by confusion boats / mutiny from stern to bow.” That phrase, from Bob Dylan’s 1964 classic, “My Back Pages,” seeped into my head Friday afternoon, as I sought to reevaluate the role of tech in the Charitable Trust. We had just reviewed Eaton’s very good — though not excellent — quarterly results…
My top 10 things to watch Thursday, Jan. 30 1. Meta was outstanding both on top and bottom line. I didn’t think a quarter like that would be possible. Meta.ai has already become the largest assistant, and it is learning from all of the interactions people have. It will have won the personal agent role…
Chinese artificial intelligence startup company DeepSeek stunned markets and AI experts with its claim that it built its immensely popular chatbot at a fraction of the cost of those made by American tech titans. That immediately called into question the billions of dollars U.S. tech companies are spending on a massive expansion of energy-hungry data…
Here are five key things investors need to know to start the trading day: 1. AI bubble burst? 2. Deep trouble Shares of Nvidia plummeted nearly 17% Monday in the DeepSeek-fueled tech rout, making for the stock’s worst day since March 2020. The AI darling’s plunge resulted in a market cap loss of close to…
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap…
My top 10 things to watch Monday, Jan. 27 1. Artificial intelligence stocks are plunging as Wall Street grapples with the ascent of DeepSeek, a Chinese startup that possibly built a competitive AI model for much less money than the American tech giants are spending on their pursuits. Nasdaq futures are down almost 4%. The…
Instagram added a new short-form video feature to the image-focused platform in a direct challenge to TikTok. Chris Delmas | AFP | Getty Images Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat and YouTube, CNBC has learned. With the TikTok app not currently available for download…
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of…