Qualcomm Inc (NASDAQ:QCOM) stock was last seen 1.1% lower to trade at $128.88, after receiving a downgrade at Bernstein to "market perform" from "outperform," in addition to a price-target cut to $140 from $175. The firm noted memory industry headwinds, with Alphabet (GOOGL) revealing a new AI model that may need less memory to run big language models.The brokerage bunch was already bearish toward QCOM coming into today, with 20 of the 32 in coverage carrying "hold" or worse ratings. There's room for price- ...

RT Tesla (@Tesla)We– design the chips & hardware– make the cars w/ said hardware– collect real-world data at scale– train the real-world AI model– built (& continue to expand) the massive supercomputer cluster that trains it– deploy AI directly to millions of robots on wheelsAll that is shared with @Tesla_Optimus for broader applications in both the physical & digital world ...

Xiaomi's (XIACF) Hong Kong-listed shares rose over 5% on Thursday amid excitement over new AI models and the upcoming SU7 EV facelift launch. This marks a rebound in price after a massive slump over concerns that surging memory prices would ...

RT Saritha Rai (@SarithaRai)Alibaba’s new AI model targets a sneaky epidemic, fatty liver disease, showing how hospital data at scale could help prevent Type 2 diabetes and metabolic syndrome.https://t.co/ORFpRB7Ctx#AI https://t.co/2xrKG1AtVC ...

Group 1 - OpenAI has signed a deal to provide access to its AI model to U.S. defense and government agencies through Amazon's cloud unit for both classified and unclassified work [1][2] - The contract allows OpenAI to support the Pentagon after it replaced its previous AI provider, Anthropic, which was dropped due to its refusal to permit unrestricted military use of its AI [2][3] - Anthropic's relationship with the U.S. government deteriorated after it declined to allow its AI for domestic surveillance and autonomous weapons, leading the Pentagon to label it a "supply chain risk" [3]

Market Overview - Wall Street's major equity averages ended in the red, with Meta Platforms (META) leading the decline, falling over -3% due to the postponement of its next AI model release [1] - Ulta Beauty (ULTA) dropped more than -14% after issuing below-consensus FY26 guidance for comparable sales growth and EPS [1] - Adobe (ADBE) fell over -7% following the resignation of its long-time CEO, overshadowing better-than-expected FQ1 results [1] - Conversely, chip and AI-infrastructure companies saw gains, with Sandisk (SNDK) rising more than +6% and Micron Technology (MU) increasing over +5% [1] Economic Indicators - The core PCE price index rose +0.4% month-over-month and +3.1% year-over-year in January, aligning with expectations [5] - U.S. JOLTs job openings increased to 6.946 million in January, surpassing expectations of 6.760 million [5] - Personal spending in the U.S. rose +0.4% month-over-month, exceeding expectations of +0.3% [5] - Q4 GDP growth was revised downward to +0.7% (quarter-over-quarter annualized) from an initial estimate of +1.4% [5] Federal Reserve Insights - The Federal Reserve is expected to keep the Fed funds rate unchanged in a range of 3.50% to 3.75% for a second consecutive meeting [7] - Market watchers are keen on signals regarding future rate cuts amid the ongoing Middle East conflict and its potential economic impact [7] - Economists anticipate a "nuanced assessment" from Fed Chair Jerome Powell regarding inflation and unemployment risks stemming from the conflict [8] Corporate Earnings - Several prominent companies, including Micron Technology (MU), FedEx (FDX), and Accenture (ACN), are set to release quarterly results this week [10] - Investors are particularly focused on U.S. Industrial Production and Manufacturing Production data, with projections indicating a rise of +0.1% month-over-month for both in February [11] International Market Reactions - The Euro Stoxx 50 Index decreased by -0.25% as investors reacted to conflicting headlines regarding the Middle East conflict [13] - Japan's Nikkei 225 Index closed lower, with Goldman Sachs lowering its 2026 GDP growth forecast for Japan to 0.5% from 0.8% due to geopolitical risks [18] - China's Shanghai Composite Index also closed lower, although positive economic data indicated a stable start to the year [15][16][17]

Group 1: Market Overview - The financial markets are experiencing slight pressure on equities, with the NASDAQ remaining flat and Brent crude oil prices above $100 per barrel, influenced by geopolitical tensions in the Middle East [2][19] - The ongoing conflict in Iran is a significant factor affecting market sentiment, with President Trump and Iranian leadership adopting a defiant tone as the war continues [3][4] Group 2: Company Developments - Adobe's CEO is resigning amid skepticism regarding the company's ability to adapt and thrive in the AI era, leading to a significant drop in its stock price, which has fallen over 30% in the past year [26][27][30] - Meta has paused its major internet expansion efforts in Africa due to safety concerns related to the war in Iran, affecting its underwater cable project [8][9][10] - Lucid Motors is focusing on scaling into the high-volume midsized market and has announced a partnership with Uber for robotaxi services, aiming for positive free cash flow within the next three years [68][71][79] Group 3: Investment Opportunities - S&P Dow Jones Indices is considering changes to the rules governing how companies join the S&P 500, which could expedite SpaceX's entry into the index following its IPO [49][50] - The potential for significant growth in the robotaxi market is highlighted, with estimates ranging from $300 billion to over $1 trillion, indicating new business models and opportunities for companies involved [79]

OpenAI is releasing a new flagship AI model and a suite of financial-services tools https://t.co/oI7xNiYfNB ...

Group 1: C3.ai Performance and Strategy - C3.ai (AI) shares fell 23% in premarket trading after reporting a quarterly earnings miss and projecting revenue below expectations [5] - The company announced a major restructuring plan, cutting $135 million in expenses, which includes a 26% reduction in workforce [5] - For Q4, C3.ai expects total revenue of $48.0 – $52.0 million, significantly below the consensus estimate of $77.72 million [5] Group 2: C3.ai Bookings and Market Position - C3.ai highlighted strong federal, defense, and aerospace bookings, with federal bookings increasing by 134% year-over-year, accounting for 55% of total bookings [5] - Key customer wins include the U.S. Department of Agriculture, U.S. Department of Energy, NATO, Royal Navy, GSK, Thales, ExxonMobil, and U.S. Steel [5] Group 3: Nvidia Financial Results - Nvidia (NVDA) shares rose 1.3% after reporting fiscal fourth-quarter results, with adjusted earnings of $1.62 per share and revenue of $68.13 billion, a 73% year-over-year increase [5] - For the fiscal first quarter, Nvidia expects revenue to be around $78 billion, exceeding analysts' expectations of $72.78 billion [5] Group 4: DeepSeek's Strategic Move - Chinese AI firm DeepSeek has withheld its upcoming AI model from U.S. chipmakers, which deviates from standard industry practices [5] - This move is perceived as part of a broader strategy by the Chinese government to disadvantage U.S. hardware and models in China [5]

Core Viewpoint - The Chinese AI startup DeepSeek has reportedly trained its latest AI model on Nvidia's most advanced AI chip, the Blackwell, which may violate U.S. export controls [1][2]. Group 1: Company Information - DeepSeek's new AI model is expected to be released as soon as next week [1]. - The U.S. government believes that DeepSeek may attempt to remove technical indicators that could reveal its use of American AI chips [2]. - The U.S. policy emphasizes that Blackwell chips are not being shipped to China, indicating that DeepSeek's possession of these chips could represent a violation of export controls [2][4]. Group 2: Industry Context - The situation could further complicate discussions among Washington policymakers regarding Chinese access to advanced American AI semiconductor technology [3]. - The Chinese embassy in Washington has expressed opposition to the politicization of economic and technological issues, criticizing the expansive use of export controls [2].