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 ...
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 ...
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 ...
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.
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 ...
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 ...
Stocks were up in January, which is usually a good sign for the year. But new tariffs could change that.
Stocks rose in January of that year, with the S&P 500 gaining 5.6%. But the index ultimately finished the year down 6.2%, according to FactSet data, after rising bond yields provoked a panic on Wall ...
Why Americans still can't get cheaper mortgages, car loans or card balances after three Fed rate cuts
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
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 ...
Northrop's Capabilities in Space, Missiles, and Aeronautics Position It Well for Profitability
The three biggest growth opportunities we see for Northrop are the Sentinel, the further militarization of space, and the continued development and eventual manufacture of the B-21 bomber. While ...
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 ...
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 ...