On January 27, 2025, traders were busy on the New York Stock Exchange in New York City.
Angela Weiss | AFP | Getty Images
People were watching Nvidia in trading. The stock moved up and down, and the market followed.
Nvidia’s stock went up 2% after a big drop. The day before, it lost 17% of its value. This was a huge loss, about $600 billion.
Another tech company, Oracle, also rose 2% after losing money the day before.
A new AI called DeepSeek caused some worry. This company made a free model that is cheaper than others. It quickly became popular and is now the most downloaded app on Apple’s App Store.
Experts say this could change how companies invest in technology. They are watching Nvidia to see if the stock stays strong.
This week, many big companies like Meta, Microsoft, Tesla, and Apple will share their earnings.
The Federal Reserve will also decide on interest rates soon.
Vocabulary List:
- Traders /ˈtreɪ.dɚz/ (noun): People or organizations that buy and sell financial instruments.
- Market /ˈmɑːr.kɪt/ (noun): A place or system where buying and selling occurs.
- Earnings /ˈɜːrnɪŋz/ (noun): Money obtained in return for labor or services.
- Invest /ɪnˈvɛst/ (verb): To allocate money or resources with the expectation of generating profit.
- Worry /ˈwɜːri/ (verb): To feel anxious or concerned about something.
- Interest /ˈɪntrest/ (noun): The cost of borrowing money usually expressed as a percentage.
