DeepSeek’s Impact on U.S. Stocks Yet to Be Fully Realized, Says Conning’s Don Townswick The rise of Chinese AI startup DeepSeek, which promises more affordable and energy-efficient artificial intelligence solutions, has yet to be fully reflected in U.S. equity markets. That’s the assessment of Don Townswick, director of equity strategies...
New Tariffs Surpass First-Term Levels, Escalating Trade Tensions The U.S. will impose sweeping new tariffs starting Tuesday, with a 25% levy on imports from Canada and Mexico and an additional 10% on Chinese goods. The move significantly expands Trump-era trade policies, heightening tensions with key allies and rivals alike. To...
IBM’s AI-Powered Consulting Growth Sparks Market Optimism IBM is making a comeback, and Wall Street is taking notice. Evercore ISI analyst Amit Daryanani sees a bright future for International Business Machines Corp. (IBM), following its latest earnings report. Investor enthusiasm has sent IBM’s stock soaring, making it the top performer...
Meta CEO Calls Consumer AI ‘One of the Most Transformative Products We’ve Made’ Meta Platforms Inc. isn’t backing down from its aggressive spending, even after the DeepSeek news. The company reaffirmed its forecast of $60 billion to $65 billion in capital expenditures for the year—an outlook CEO Mark Zuckerberg first...
While the Federal Reserve is expected to keep interest rates steady on Wednesday, speculation about potential hikes has resurfaced. Analysts at Barclays still anticipate a gradual decline in rates through 2025 but acknowledge that a rate hike isn’t entirely off the table. Options markets currently price in a 25% chance...
Analyst Highlights Alphabet’s Potential in AI Chips but Criticizes Missed Market Opportunities As Wall Street searches for alternatives to Nvidia Corp., an unexpected player has emerged in the conversation: Alphabet Inc. (GOOGL, GOOG). D.A. Davidson analyst Gil Luria has singled out Alphabet for its tensor processing units (TPUs), describing them...
