Caterpillar Shares Fall Most in 3 Months on Lower Sales Outlook
Company provides downbeat outlook for sales and revenue Fourth quarter construction demand was higher-than-expected Caterpillar Inc. shares fell the most in three months after the heavy equipment maker warned that revenues will be “slightly lower” in 2025 with demand...
Apollo’s Wealthy Customers Want In on the Private Markets Boom
For years, the best opportunities in private markets were snapped up by institutional investors. Now, Apollo Global Management Inc. is helping the world’s ultra-wealthy get in on the action. The asset management giant has seen some wealth investors allocate as much as...
Meta and Microsoft Show AI Spending Can Be a Double-Edged Sword
Meta’s capex is seen as a sign of strength, supporting shares DeepSeek is seen as the latest risk to Microsoft’s AI payoff On a day US tech stocks lost nearly $1 trillion on concerns about artificial intelligence spending, Meta Platforms Inc. hit a record high —...
Private Fund Giants Gain Traction With Europe’s Wealthy Families
EU approvals of new-style evergreen funds tripled last year Alternative asset managers gather at IPEM Cannes this week After a slow start, alternative asset managers are finally starting to see some success with Europe’s wealthy by offering something investors crave:...
Black Swan’s Taleb Says Nvidia Rout Is Hint of What’s Coming
Author says drawdown 2- or 3-times bigger than Monday possible Taleb speaks to Bloomberg News at Miami Hedge Fund Week The Black Swan author Nassim Taleb is warning that Monday’s brutal selloff in Nvidia Corp. is just a taste of what’s in store for investors who...
US Consumer Confidence Drops to Four-Month Low on Job Market
Conference Board index decreased to 104.1 in January Share saying jobs are plentiful also lowest since September US consumer confidence unexpectedly fell in January to a four-month low on less optimism about the labor market and the outlook for the broader economy....
What Is China’s DeepSeek and Why Is It Freaking Out the AI World?
DeepSeek, a Chinese artificial-intelligence startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating AI models that offer comparable performance to the world’s best chatbots at seemingly a fraction of their...
Trump Calls for ‘Iron Dome’ for US Homeland Missile Defense
President Donald Trump is preparing an executive order for a “next-generation” defense shield to protect the US against ballistic missiles and other long-range attacks, taking on a goal that past administrations — including his own — struggled to reach. “The threat of...
Nvidia’s $589 Billion DeepSeek Rout Is Largest in Market History
DeepSeek’s AI chatbot fueled a selloff in Nvidia, tech stocks Nvidia is responsible for 8 of 10 largest market value drops Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market...
AI-Fueled Stock Rally Dealt $1 Trillion Blow by Chinese Upstart
Nasdaq 100 drops 3% for worst day in six weeks; Dow climbs ‘AI dominance cannot be taken for granted,’ Saxo’s Chanana For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors. The Nasdaq 100 Index rose...
US Yields Fall to Lowest This Year as Tech Slump Fuels Haven Bid
Stocks sink as Chinese AI startup threatens US tech dominance Yen, swiss franc advance as part of demand for havens Treasuries rallied as investors flocked to the safety of US government bonds after equities slumped in a selloff driven by technology shares. The...
Chinese AI Startup Catalyst for 2025 Double Digit S&P Correction
DeepSeek, a Chinese startup, has thrown a hand grenade into the U.S. stock market and especially the tech heavy NASDAQ. The startup has launched an AI solution which appears to be a significant threat to both Nvidia and OPEN AI. See “China’s DeepSeek Tops iPhone...
Nvidia Calls DeepSeek ‘Excellent’ AI Advance, Dismisses Concerns
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls. “DeepSeek’s work illustrates how new...
Nvidia-ETF Complex Faces Moment of Truth as Levered Bets Plunge
Leveraged Nvidia funds face steep selloff amid AI market rout Retail investors have bet billions on risky momentum trades Day traders spent last year shoving billions of dollars into leveraged Nvidia Corp. ETFs in a bid to amp up their gains on the hottest stock on...