Traders worked on the stock market in New York on Jan. 27, 2025.
Image Source: Angela Weiss | AFP | Getty Images
On Tuesday, all eyes were on Nvidia as the stock market followed its movements closely. Nvidia’s stock went up by 7% in the afternoon after a slight drop earlier in the day.
Other tech companies like Broadcom and Oracle also saw gains after losses on Monday.
Investors were concerned about DeepSeek AI, a Chinese startup that developed a low-cost language model. Nvidia’s performance is crucial for the AI industry, which has impacted chipmakers and other markets.
While Nvidia’s stock rose on Tuesday, investors are still cautious. Corporate earnings and the Federal Reserve’s decision on interest rates are key focus areas this week.
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