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
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.
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.
Broadcom stock sold off on Monday following DeepSeek's release. Read why I think AVGO represents a solid short-term and long-term Buy.
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.
Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.
"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."
Broadcom rose 5% on Thursday as Meta Platforms announced plans to increase use of chips designed with Broadcom.
President Donald Trump promised tariffs of up to 100% on Taiwan’s export of microchips to the US. These remarks were made yesterday at the House Republican Issues Conference in Miami. “In the very near future we’re going to be placing tariffs on foreign production of computer chips,
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