Month: January 2025

Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S. company.

“The AI investment cycle may be overhyped,” posed analysts at JPMorgan.

In the same press conference, the speaker shrugged off the president’s sudden firings of more than a dozen inspectors general.

How did a little-known Chinese start-up cause the markets and U.S. tech giants to quake? Here’s what to know.

The order reinstates a policy Trump implemented during his first term as president that prohibited trans people from enlisting and barred those already enlisted from transitioning.

Shares of Nvidia tumbled Monday after the release of a sophisticated artificial intelligence model from a Chinese startup prompted a reckoning regarding AI spending on Wall Street.

TALLAHASSEE, Fla. (AP) — In Florida, it’s game on between Gov. Ron DeSantis and the state’s Republican lawmakers. In a stunning rebuke to DeSantis, who was once floated as the Republican successor to President Donald Trump, Florida lawmakers on Monday gaveled in a special session called by the governor to help carry out Trump’s aggressive immigrati…

The president suggested California shouldn’t receive fire aid unless it institutes enhanced voter identification measures.

Patrick Mahomes may have wanted at least one thing back during the Kansas City Chiefs’ AFC Championship against the Buffalo Bills on Sunday.