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The Dow jumps 250 points on solid technological gains. Apple is the next

remon Buul by remon Buul
January 31, 2025
in Business
0

Image for the article entitled The Dow Saute 250 points on solid technological income. Apple is the next

Photo:: Bloomberg (Getty images))

In this story

The DOW and other major indices have increased more reports on the benefits of Tesla technology giants (Tsla+ 3.38%), Meta (Meta+ 1.62%), and Microsoft (Msft-6.12%). However, Ai Stock Nvidia (Nvda-1.25%) fell 2%, continuing its decline after being touched by the Deepseek launchEffective and efficient AI model.

What the ai of Deepseek for Meta, Openai and Nvidia means

In the afternoon, the industrial average of Dow Jones had gained around 240 points, or 0.54%. The NASDAQ and the S&P 500 in technology technology increased by 0.18% and 0.53%, respectively. Meanwhile, the latest report on American gross domestic product (GDP) has shown that the economy has increased at an annualized rate of 2.3% and adjusted to inflation in the fourth quarter. This was slightly lower than the expectations of economists of an increase of 2.5%.

Investors are also waiting for Apple’s profits (Aapl-0.34%), set to be published after the closing bell, as well as the financial updates of the Mastercard payment giants (Mame+ 2.47%) and visa (V+ 1.68%).

Tesla jumps 3.5% despite missing income expectations

Tesla (Tsla+ 3.38%) Shares have increased Despite the revenues of the fourth quarter and the other measures which are not below the expectations of Wall Street. The manufacturer of electric vehicles based in Austin, Texas, said a turnover in the fourth quarter of $ 25.7 billion, up 2% compared to the $ 25.2 billion in last year. But analysts expected $ 27.2 billion, according to estimates compiled by FostSet (FDS+ 1.64%).

Automotive income dropped from 8% from the quarter from September to December to 19.8 billion dollars, but it still represented the vast majority of Tesla’s revenues. Sales increased from year to year but failed To meet the expectations of Wall Street and push Tesla on the finish line to reach its lens of 1.8 million units sold, which would have equaled the deliveries of 2023.

—William Gavin contributed to the article

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