The Nasdaq Composite fell 3.1% on Monday, while AI leader Nvidia tumbled 17%. But the reality was, and is, far more complicated. DeepSeek didn’t replicate OpenAI’s ability by spending a few million dollars.
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore free expression” to its social media platforms. He justified the move by saying that many of the fact checkers had shown too much political bias and “destroyed more trust than they’ve created.”
Facebook app is not very popular among younger demographics. Nevertheless, CEO Mark Zuckerberg is looking to change that. Indeed, Zuckerberg wants to grow Facebook’s cultural influence with the help of video creators.
Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes good on his tariff threats, with markets seen as not fully factoring in risks from higher levies on foreign imports.
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment commitment,
JPMorgan Chase's co-head of global markets, Jason Sippel, is leaving the Wall Street lender and Pranav Thakur has been named sole head of the business, an internal memo seen by Reuters showed on Friday.
Everyone can try a few sudoku puzzles for free, but Apple News Plus subscribers can play new puzzles every day. An Apple News Plus subscription is $13 a month and gives you access to daily Sudoku and other puzzles, like Quartiles, as well as stories from publications like the New Yorker and the Wall Street Journal.
Los futuros de las acciones estadounidenses suben el viernes temprano tras los sólidos resultados de Apple Inc. e Intel Corp. y con el mercado atento a la aplicación de aranceles anunciados por el presidente Donald Trump para el fin de semana.
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 weak pace of loan growth is a worry, particularly for regional lenders.
Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose.