ai Tech Stocks Tumble as China's DeepSeek Challenges U.S. AI Dominance A new Chinese AI model from DeepSeek triggers a massive Wall Street selloff, wiping nearly $600 billion from Nvidia's market value. The surprisingly cheap and efficient open-source model raises serious doubts about the massive AI spending by U.S. tech giants.
ipo Instacart and Klaviyo End Tech Unicorn IPO Drought With Mixed Debuts The US IPO market sees its first tech unicorns in years as Instacart and Klaviyo go public. Both companies finish the week at or above their offer prices despite volatile initial trading.
anthropic Anthropic Eyes Over $60 Billion in Historic AI IPO Targeting Late 2026 Anthropic engages major Wall Street banks for a potential October 2026 IPO that could raise over $60 billion. The AI company currently operates at a $14 billion annualized revenue run rate following a recent $30 billion funding round.
big tech Tech Giants Raise AI Spending to $364 Billion as Investor Confidence Grows Major technology companies increase their combined 2025 AI investments to $364 billion, up from earlier estimates of $325 billion. Stock prices for these firms surge as Wall Street shrugs off previous bubble fears.
nvidia Nvidia Reaches Historic $4 Trillion Market Cap Milestone Nvidia becomes the first US public company to hit a $4 trillion market valuation, fueled by relentless demand for artificial intelligence technologies. The chipmaker now surpasses the combined worth of several major global stock markets.
apple Apple Unveils Liquid Glass Redesign as Wall Street Demands AI Advances Apple introduces Liquid Glass, its biggest software redesign in over a decade, but investors react negatively due to a lack of major artificial intelligence breakthroughs.
stock market Wall Street Tumbles as Low-Cost Chinese AI App DeepSeek Shakes Tech Sector U.S. stock markets experience a major sell-off as a new Chinese artificial intelligence model raises serious doubts about Silicon Valley's massive AI investments. Chip giant Nvidia leads the decline as investors question the high cost of building AI infrastructure.
meta Meta Q1 Profit Doubles to $12.4 Billion Despite Weak Sales Forecast Meta reports massive first-quarter growth with revenue jumping 27% and net income more than doubling. However, the stock falls as investors react to a weak future sales outlook and increased AI spending forecasts.
tesla Tesla Stock Surges 14% as Musk Flips Wall Street Sentiment Elon Musk successfully shifts Wall Street's negative outlook to positive during Tesla's Q1 2024 earnings call, sparking a massive 14% stock rally.
meta Analysts View Meta's Post-Earnings Stock Dip as a Buying Opportunity Meta reports strong first-quarter earnings that beat expectations, but the stock falls due to cautious forward guidance. Analysts view this sudden drop as a prime opportunity for investors.
tesla Tesla Faces Tough Q1 2024 Earnings After First Delivery Drop in Years Tesla prepares to report a difficult first quarter marked by its first year-over-year delivery decline in a long time. Analysts expect significantly lower revenue and earnings due to frequent price cuts and missed delivery targets.
reddit Reddit Stock Surges 48% in Long-Awaited NYSE Debut Reddit officially goes public on the New York Stock Exchange under the ticker RDDT, seeing its stock jump nearly 50 percent on the first day of trading. The successful launch marks the first major social media IPO since Pinterest in 2019.
reddit Reddit Debuts on NYSE With Strong 70% Pop in First Day of Trading Reddit finally goes public after nearly two decades, seeing its stock surge as much as 70% above its initial offering price. Despite the strong market debut, the social media company faces ongoing profitability concerns and a cautious IPO landscape.
reddit Reddit Stock Surges 38% in Long-Awaited New York Stock Exchange Debut Reddit begins trading on the NYSE at $47 a share, marking a significant 38% jump from its initial public offering price. The highly anticipated debut values the nearly 19-year-old social media company at approximately $10 billion despite its history of unprofitability.
ipo Wall Street Gives Lukewarm Reception to New Tech IPOs After a long drought, Arm, Instacart, and Klaviyo finally go public but struggle to maintain their initial trading pops. The underwhelming performances leave other startups with little incentive to rush into the market.