Stocks Plunge Amid Concerns Over Chinese AI Advances and Tech Selloff

Stocks plummeted on concerns over China’s advancements in AI, with the Nasdaq down 3% and Nvidia leading a selloff in tech shares, dropping over 15%. Major companies like Oracle and Palantir also saw declines, while AT&T rose 6% after strong earnings. Bitcoin fell to around $99,600, and gold futures dropped 1.5%.

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Bargain Stocks to Consider for Investment in 2025

In a market characterized by high valuations, two bargain stocks stand out for 2025: Micron and Dollar General. Micron, a memory-chip manufacturer, is benefiting from a surge in data center revenue, trading at a low forward P/E of 16, while Dollar General, despite recent challenges, offers a P/E of 12 and a 3% dividend yield, with a turnaround plan aimed at improving profitability. Both stocks present attractive investment opportunities amid current market conditions.

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U S Stocks Mixed as Tech Shares Decline and Bond Yields Rise

U.S. stocks showed mixed results as Treasury yields rose, with the Dow Jones up 0.6% while the S&P 500 and Nasdaq fell 0.2% and 0.8%, respectively. Major tech stocks, including Nvidia and Apple, faced declines amid concerns over the Federal Reserve’s interest rate decisions following strong job data. Investors are closely watching upcoming economic reports, including the Consumer Price Index and earnings from major banks.

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Stock Futures Rise as Nvidia Gains After Keynote at CES 2025

Stock futures showed slight gains as the S&P 500 and Nasdaq aim for a third consecutive winning session. Nvidia’s shares rose 2% following CEO Jensen Huang’s keynote at CES 2025, while Micron gained 4% after being highlighted in the presentation. Bitcoin traded at $100,700, and gold futures increased by 1% to around $2,675 an ounce. Investors are anticipating the December jobs report, which could influence the Federal Reserve’s interest rate decisions.

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Dollar Weakens Amid Trump Tariff Speculation and Market Movements

The stock market is poised for a positive opening, with notable movements from companies like Micron, Plug Power, and Nvidia. Despite President-elect Donald Trump’s denial of a report suggesting his trade tariffs may be less severe, the dollar remains weak, indicating market adjustments following its recent rally. Analysts suggest lingering concerns about the credibility of the report may be influencing currency positioning.

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Tech Stocks Surge Ahead of Consumer Electronics Show Keynote by Nvidia CEO

US stocks surged on Monday, driven by tech giants Nvidia, Alphabet, and Meta Platforms, as excitement around artificial intelligence grew ahead of the 2025 Consumer Electronics Show. Nvidia’s shares rose nearly 5% ahead of CEO Jensen Huang’s keynote, while chip stocks gained significantly following Foxconn’s strong earnings report. The S&P 500 increased over 0.5%, contrasting with a slight decline in the Dow Jones Industrial Average.

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Major Indexes Set to Open Higher as Chip Stocks Rally

Major stock indexes are set to open higher, driven by a surge in chipmaker shares following Foxconn’s record fourth-quarter revenue. Futures for the Dow and S&P 500 rose 0.4% and 0.8%, respectively, while the Nasdaq gained 1%. Notable gains were seen in Nvidia, Tesla, and other tech giants, as investors anticipate a positive impact from upcoming economic data. Bitcoin reached $99,300, buoyed by hopes for favorable pro-crypto policies.

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