Euronext - Delayed Quote • EUR (OH82V.NX) Follow Compare 1.8900 +0.4600 +(32.17%) At close: December 13 at 6:30:00 PM GMT+1 Related News American Airlines flight collides with helicopter in midair during approach to Reagan National, FAA says An American Airlines flight collided with a helicopter in midair as it approached DCA on Wednesday, the FAA said. Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Caution prevails as the Fed keeps interest rates unchanged and Nvidia sinks again, weighing on tech stocks. Why Mag 7 domination mimics a 'snake eating its own tail' The "Magnificent Seven," comprising Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL), is in focus amid Big Tech earnings after news from Chinese artificial intelligence (AI) start-up, DeepSeek, fueled Monday's tech sell-off. Harvard Law professor Mihir Desai sits down with Market Domination co-hosts Julie Hyman and Josh Lipton to explain why he compares Big Tech to a snake eating its own tail and what that means for investors. "This is a really colorful metaphor that's been around forever of a snake eating its own tail, and I used it just to try to understand the most interesting puzzle of the day, which is: How can seven companies constitute more than a third of the market capitalization?" Desai shares. He notes that while there are multiple possible explanations for the phenomenon, he believes that the "Magnificent Seven is being viewed as a safe asset." Desai elaborates, "For investors around the world, they think to themselves: In a world of uncertainty, who do I trust? And the answer is Big Tech." "The problem with that, of course, is once you view them as a safe asset, then your expected returns go down, and managers there have been doing what you would expect them to do, which is with a really low cost of capital, they've been spending money like crazy and literally on each other and on themselves," he adds. "And that is a serpent eating its own tail, which is just a way of saying they've been spending money on each other." Desai explains that this phenomenon will result in "pretty low returns." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Microsoft brings a DeepSeek model to its cloud Microsoft's close partner and collaborator, OpenAI, might be suggesting that DeepSeek stole its IP and violated its terms of service. But Microsoft still wants DeepSeek's shiny new models on its cloud platform. Microsoft today announced that R1, DeepSeek's so-called reasoning model, is available on Azure AI Foundry service, Microsoft's platform that brings together a number of AI services for enterprises under a single banner. In a blog post, Microsoft said that the version of R1 on Azure AI Fou Meta blows past Q4 estimates, expects up to $119B in 2025 expenses Meta Platforms (META) outpaced earnings and revenue expectations for the fourth quarter as the social media giant published revenue of $48.39 billion (vs. expectations for $46.98 billion) and adjusted earnings per share of $8.02 (vs. expectations for $6.78). Market Domination Overtime Anchors Josh Lipton and Julie Hyman are joined by Interactive Brokers chief strategist Steve Sosnick as they report the breaking details, including Meta's full-year expense forecast of $114 billion to $119 billion, which many experts expect to go toward artificial intelligence (AI). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan. IBM stock soars on Q4 earnings beat, strong 2025 outlook IBM (IBM) delivered an earnings beat for its fourth quarter, topping both profit and revenue expectations. The tech giant reported quarterly revenue of $17.55 billion, slightly surpassing the expected $17.54 billion. Additionally, adjusted earnings per share topped expectations at $3.92, compared to the consensus of $3.74 per share. Market Domination Overtime Anchors Josh Lipton and Julie Hyman are joined by Interactive Brokers chief strategist Steve Sosnick to discuss the details of the report and the company's outlook, which is driving IBM shares higher in extended hours following the results. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Microsoft Q2 cloud revenue falls short of expectations, sending stock lower Microsoft reported its Q2 earnings after the bell on Wednesday, missing estimates on key cloud revenue. Nvidia stock crash saw retail investors dump more than $900 million into the name Retail investors poured money into Nvidia shares as the stock saw its largest single-day drop since March 2020. DeepSeek clouds AI picture just as Big Tech is set to report earnings Big Tech earnings kick off today as Wall Street continues to digest the fallout from DeepSeek. Trump Media to enter financial sector with Truth.Fi Trump Media & Technology Group (DJT, DJTWW) has announced plans to enter the financial services sector, unveiling a new division called Truth.Fi. The expansion will be backed by up to $250 million in funding from Charles Schwab (SCHW). The company plans to roll out various investment products and services through Truth.Fi in 2025. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith T-Mobile, Apple, HPE: Top Stocks Morning Brief co-anchors Seana Smith and Brad Smith break down today's top trending stock stories on Yahoo Finance. Apple (AAPL) and T-Mobile (TMUS) have been working with SpaceX to integrate Starlink connectivity on iPhones. The latest iOS 18.3 update now supports Starlink features across images, music, and podcasts. Hewlett Packard Enterprise (HPE) representatives met with the Trump administration to discuss antitrust concerns regarding the company's $14 billion bid to acquire Juniper Networks (JNPR), according to Bloomberg. The Department of Justice is reportedly prepared to challenge the deal if it proceeds to close. In other news, T-Mobile (TMUS) reported fiscal fourth quarter earnings that exceeded Wall Street expectations on both revenue and profit metrics. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Big Tech earnings: Will AI spend pay off for Meta, Microsoft, Tesla? Three tech powerhouses — Meta Platforms (META), Microsoft (MSFT), and Tesla (TSLA) — will release their earnings results after the market closes on Wednesday. Investors are particularly focused on how artificial intelligence investments are driving revenue growth at these companies, especially in light of DeepSeek's recent emergence. The Chinese AI chatbot has garnered attention by positioning itself as a more cost-effective alternative in the AI space. Yahoo Finance Morning Brief co-anchors Seana Smith and Brad Smith examine what markets are anticipating from these major tech earnings releases. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Trump is turning the fate of TikTok into a public bidding war The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. "I like bidding wars because you make your best deals." India's Tata Motors slumps on Q3 profit miss At least seven brokerages lowered price targets on the Tata Motors stock, while three lowered their ratings, as per data compiled by LSEG, after it posted a 22% drop in its third-quarter profit on Wednesday. ServiceNow (NOW) Q4 2024 Earnings Call Transcript NOW earnings call for the period ending December 31, 2024. Lam Research (LRCX) Q4 2024 Earnings Call Transcript LRCX earnings call for the period ending December 31, 2024. Microsoft Corporation (MSFT) Delivers $9 Billion in Shareholder Returns, Strengthens AI Integration with $80 Billion Investment in FY 2025 We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other AI stocks. In September 2024, Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, opined […] Meta Platforms, Inc. (META) Reports 19% YoY Revenue Growth in Q3 2024, Boosted by Strong AI Investments and Continued Profitability We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks. In September 2024, Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, […] Alphabet Inc. (GOOG) Sees 34% Net Income Growth in Q3 2024, Boosted by Strong Search, Cloud Performance, and AI Innovations We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against the other AI stocks. In September 2024, Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, opined […] Broadcom Inc. (AVGO) Reports 51% Revenue Growth in FY 2024, Plans to Expand Partner Ecosystem with New Training and Tools We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks. In September 2024, Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, opined […]