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American stocks opened weak as investors turned aside tariff problems and refused to earn and artificial intelligence.
Tech Heavy Nice Deck and S&P 500 were weighed by Big Tech. The Google Parent alphabet defeated the quarter revenue after the end of Tuesday, but its total sales and the Google Cloud Revenue were weaker than the predictions of both analysts. However, he said it would spend more than Wall Street, which is expected on AI. The alphabet shares were 8 % lower.
Meanwhile, the Chip Company AMD said its data center revenue, a proxy for AI sale, is less than expected in the last three months of the year and is expected to sell current quarter than 7 % Will decrease. AMD lost about 9 %. Apple was also under pressure, followed by 1.25 % down Bloomberg News reported China’s anti -trust regulator was preparing a possible iPhone maker.
Nearly at 10:05 am Et, Nis Deck was 0.75 %, or 147.20 points, 19,506.81. Broad S&P 500 fell 0.49 %, or 29.77 points, 6,008.11. And the blue chip door was 0.40 %, or 180.36 points, the benchmark at 44,375.68 decreased 4.422 % in 10 years production.
Big Tech decreases
The alphabet increases its AI costs predictions, but some analysts are still concerned about how these big -spending companies can monetize AI, especially after China’s Dippec Last week, he had created an AI model to compete with a chat and open in a section of the price.
“In an era when we have seen that AI has become less capitalist with the introduction of Deep Sak, the alphabet has increased capital costs by 43 % for 2025.” “This is a great good news for Nvidia’s choice, but for the alphabet we still do not see the real return on investment on AI costs, so it is dangerous that this money cannot be spent well and Virtual cannot disappear in the black hole. “
Additionally, the weak growth of the alphabet in its cloud business “is worried that the company is lagging behind in the AI arms race that is going on fast.”
Corporate News
Other major movements include:
- Ride share firm Uber quarter operating income significantly under the expectations of under -shot, reducing stock by 7 %
- In the last few months of the year, Chipotal defeated revenue expectations, but his store sales were less than Wall Street forecasts. It also reduced its sales view for the year. Fast casual brurri chain shares declined 4.24 %.
- Electronic arts topped the earnings estimates, and shares of software makers increased by 4.8 %.
- The entertainment company Disney defeated the income prediction, but its Disney+ Streaming Channels slipped and predicted further fall in the current three months. Disney’s shares are partially low.
- Social media company surprised analysts with profit and sales more than expected sales.
- The parents of the Tender Dating app, the match replaced their chief executive and reported the shortage of income. Snap shares suffered a loss of 5.5 %.
- Metal shares jumped 17.6 % after the strong income of the toy maker on the demand for a Barbie doll.
Butt coin
BitCoin after the newly appointed White House AI and Cryptozar, David Sex said that one of his first focus is developing Regulatory framework For Stable Queens. They believe that the legislation will be approved in the next six months.
Stable Queens is a type of cryptocurrency that costs a real -world asset, such as the US dollar.
That too Told CNBC On Tuesday, his new task force is reviewing and considering “BitCoin Reserve’s feasibility”, which President Donald Trump suggested during his election campaign.
Separately, the Securities and Exchange Commission said Tuesday that it is Asking people input Crypto currencies discuss.
Bitcoin was the last 0.52 % to $ 98,443.59.
Madura Lee is a USA Today is a money, markets and personal finance reporter. You can arrive at this mjlee@usatoday.com and subscribe to our free Daily Money Newsletter for personal finance tips and business news from every Monday to Friday.
