Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and China sales.
U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still spend billions on AI data centers.
For years now, those who have worried about the equity market’s overvaluation have been voices in the wilderness. As the bull market continued to power the market ever higher, these worriers were dismissed as paranoid Chicken Littles worried that the sky is falling.
Not every outlet popular with conservative readers is cheerleading for President Donald Trump. The Rupert Murdoch-owned Wall Street Journal has notably applied some brakes on its editorial pages during the new president's first week in office.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
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ASML surges as Q4 bookings soar on AI demand, China sales to see 'normal ratio' in 2025. Microsoft said to be probing if DeepSeek improperly used OpenAI data. SoftBank to invest in Skild AI.
DeepSeek sent Wall Street into a frenzy on Monday, sending shares of Nvidia (NVDA) cratering more than 17% and raising questions about whether Big Tech firms like Microsoft (MSFT) and Meta (META) are overspending on their own AI infrastructure buildouts.
Federal prosecutors are investigating whether NBA veteran Terry Rozier altered his performance as part of an illegal sports betting operation, the Wall Street Journal reported Thursday.