Tech stocks see worst week in months after 'nobody saw DeepSeek coming' amid AI mania
The S&P 500's technology sector just ended its worst week since early September, after Chinese artificial-intelligence company DeepSeek seemed to startle investors' perception of winners and losers in ...
Zuckerberg is following in Musk's footsteps. Is it all because of AI?
Now, in a complete turnaround, the Meta (META) chief executive has gone from potentially sparring with Musk to mimicking nearly his every move. On Friday, the Wall Street Journal reported that ...
Florida Housing Finance Corp. to Sell $150 Million of Revenue Bonds
The Florida Housing Finance Corp. is offering $150 million in homeowner mortgage revenue bonds. The offering's proceeds will be used to purchase mortgage-backed securities, which are backed by ...
Former Fed Senior Adviser Arrested on Charges of Spying for China
John Harold Rogers was charged with economic espionage. He is accused of consipiring to steal U.S. trade secrets and giving them to China. As part of that conspiracy Rogers made false statements to ...
Beyond Calls Off $40 Million Investment in The Container Store
Beyond said it terminated its $40 million investment deal with The Container Store. The investment by Beyond, structured as a share-purchase agreement and initially announced in October, would have ...
Utilities Down on AI Fears — Utilities Roundup
Constellation Energy, which is developing nuclear-power supplies for AI applications, fell. GE Vernova, the maker of turbines and other utility equipment, also fell. Write to Rob Curran at ...
Tech Down on Lingering DeepSeek Concerns — Tech Roundup
Shares of technology companies fell as lingering concerns about China's transformational emergence in artificial intelligence offset a relatively strong batch of earnings.
Consumer Cos Down as Hoka Maker Slides — Consumer Roundup
Consumer companies fell after a mixed round of earnings. Deckers Outdoors plunged after the maker of Hoka- and Ugg-branded shoes posted sales shy of some investors' expectations.
Trump tariffs on Canada, Mexico and China to start Saturday. Here's why they may be 'just the warm-up.'
Trump had said that Canada and Mexico could face American tariffs of 25% starting Saturday unless they sufficiently help his administration crack down on illegal immigration into the U.S. as well as ...
Health Care Down Amid Strong Earnings — Health Care Roundup
Health-care companies fell, but not by as much as the broad market, amid a generally strong round of earnings from drugmakers. AbbVie shares rose after the pharmaceutical company reported ...
Industrials Down Amid Tariff Fears — Industrials Roundup
Shares of industrial and transportation companies fell amid tariff fears and mixed earnings. Shares of WW Grainger fell after the industrial-supplies firm forecast 2025 earnings growth shy of some ...
The WSJ Dollar Index Falls 0.24% This Month to 102.51 — Data Talk
The WSJ Dollar Index is down 0.25 point or 0.24% this month to 102.51 --Largest one-month point and percentage decline since Sept. 2024 --This week it is up 0.71 point or 0.70% --Largest one-week ...