📈 Stocks / Finance

DeepSeek's AI disrupts Nvidia amid tech rally

Investor’s Business Daily

China's DeepSeek unveiled a cost-efficient AI model, threatening demand for Nvidia's high-end chips. While Nasdaq approached record highs, AI stock gains eased. Upcoming earnings from Tesla, Meta, and others, coupled with Fed decisions, heighten market uncertainty.

S&P 500 Hits Record Despite 6.96% Mortgages, Fed’s Powell Eyes Inflation Ahead of Big Tech Earnings

Yahoo Finance

The S&P 500 surged to record highs despite 6.96% mortgage rates and fading Fed rate-cut bets, as Q4 earnings beat estimates with margins expanding to 12.3%. Consumer spending data remained resilient (JPMorgan: 0.66% projected Jan retail sales growth; BofA: 5.6% y/y card spending), while Atlanta Fed’s GDPNow forecasts 3.0% Q4 growth. Markets brace for Big Tech results and Powell’s inflation stance amid elevated valuations.

Gold nears record high amid Fed anticipation

FXEmpire

Gold surged 2.51% last week, hitting $2,770.88 as dollar weakness and inflation fears spurred demand. Trade policy uncertainty and falling Treasury yields underpin bullish momentum. With the Fed meeting and PCE inflation data on the horizon, traders eye a breakout above $2,790.

🪙 Crypto

Altcoins show bullish signals as Bitcoin remains range-bound

CoinTelegraph

Solana, Chainlink, Mantra, and Raydium exhibit bullish technical indicators, with upward trends dependent on key resistance levels. Bitcoin, constrained between $100K and $109.5K, shows indecision. Analysts highlight long-term holder activity and suggest Bitcoin's breakout could boost altcoin momentum.

🌎 Global Economy

China’s green growth strategy at Davos 2025

World Economic Forum

China emphasized its transition to high-quality development at Davos 2025, focusing on green energy, advanced manufacturing, and domestic consumption. Vice Premier Ding Xuexiang reaffirmed economic openness, while leaders highlighted the global impact of China’s EV ecosystem, AI advancements, and policy reforms.