U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
S&P 500 futures are up 0.5%. Dow Jones Industrial Average futures are gaining 0.4%. Nasdaq 100 futures are rising 0.7%. On Wednesday, the Dow Jones Industrial Average fell 137 points, or 0.31%, to 44,
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
Tesla is a controversial stock and there is no shortage of opinions about what will happen later today. Artificial intelligence, demand, and President Donald Trump’s electric-vehicle policies are three key issues facing the company,
Nvidia stock tumbled when DeepSeek said it trained an impressive AI model at a fraction of what U.S. companies have paid, but many Wall Street analysts remain bullish. President Trump's plan to reduce the corporate tax rate to 15% would let Nvidia repurchase more stock,
WEPE presale raised $63.3 million, setting a new benchmark in meme coin funding. Despite market turbulence, interest in Pepe-themed coins remains strong.
For years now, those who have worried about the equity market’s overvaluation have been voices in the wilderness. As the bull market continued to power the market ever higher, these worriers were dismissed as paranoid Chicken Littles worried that the sky is falling.
The selloff​ extended to shares of natural-gas producers, pipeline operators, mining companies​, and electricity generators.
Ethereum-based meme project Wall Street Pepe (WEPE) has been one of the most popular crypto presales of early 2025