Investors are anticipating that the Federal Reserve will leave interest rates unchanged at the conclusion of its first meeting of the year; U.S. stock futures are little changed following a market rebound yesterday following Monday's tech selloff;
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and shaving nearly $590 billion from the company’s market cap.
The semiconductor company's share price was down 7% as of 3:45 p.m. ET amid the backdrop of a 1.8% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 3.5% decline for the Nasdaq Composite (NASDAQINDEX: ^IXIC).
Key Fed decision: The central bank’s expected decision today is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington.
XRP (CRYPTO: XRP) is falling in Monday's trading. XRP and other cryptocurrencies are seeing sell-offs in today's trading due to a combination of bearish catalysts. In addition to concerns about a new artificial intelligence (AI) model launched by a Chinese company,
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While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence dominance, they’re ignoring even bigger questions.
OpenAI — the company behind ChatGPT and a big part of Stargate — is partnering with the U.S. National Laboratories. NPR's Mary Louise Kelly spoke with OpenAI's Chris LeHane, here are the highlights.
NPR's Mary Louise Kelly talks with Chris Lehane, chief global affairs officer of OpenAI, about Stargate, DeepSeek and the future of AI development.
Just days after announcing a version of ChatGPT designed for US government use, OpenAI is further entangling itself with the federal government. The company announced Thursday it would provide approximately 15,
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Trump throws a Fed-fed temper tantrum; SoftBank bets big on OpenAI; Michael Dell’s merchant bank bets big on OpenAI’s banker; Dan Loeb wants to fire Soho House’s manager; and more!