Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
The Vanguard Information Technology Index Fund ETF Shares (NYSE Arca: VGT), down 1.47% on the day,  as the week continues to see members like Apple (Nasdaq: AAPL), Nvidia (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT) and Broadcom (Nasdaq: AVGO) reel in the wake of DeepSeeks competitor to ChatGPT.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
Apple last updated the Apple TV in October 2022, introducing a new, smaller design, USB-C on the Siri remote, and a bump from the A12 chip to the A15 chip. The product is now over two years old, and rumors are starting to pop up about the next model.
The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in favor of AI users.
Broadcom shares were trading about 4% higher in premarket trade. Meta CFO Susan Li told investors on a conference call that the company will use more of the chips it's designed with Broadcom. The chips are known as Meta's Training and Inference Accelerator,
The Nasdaq is currently experiencing a significant pullback. It is currently down 3.5% and has gone below the 20,000 level to the 19,250 range. Many are calling this downturn a “black swan event” for tech stocks.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
"During the past 24 months or so, Apple has been the stock everyone has loved to hate, and that trend has continued into 2025," Rubin told clients in a new note. "Apple has been left behind in this year's rally but the stock's decline this January is reminiscent of the start of last year."
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has propelled the market higher.
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A company called DeepSeek said it had developed a large language model that can compete with U.