If gains hold, this will be the Dow and S&P’s best January returns since 2019 and the best inauguration month return since January 2013, at the start of former President Barack Obama’s second term. The index now trades just 0.2% below its all-time high of 6,128, set last Friday.

Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."

Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"

President Trump will meet with the CEO of chipmaking powerhouse Nvidia on Friday as the White House reportedly mulls tightening chip exports to China, a White House official confirmed to The Hill.

El presidente Donald Trump se reunirá con el director ejecutivo de Nvidia Corp., Jensen Huang, en la Casa Blanca este viernes, según fuentes familiarizadas con los planes, días después de que un nuevo modelo de inteligencia artificial de la empresa china DeepSeek generara preocupación entre los líderes de la industria tecnológica y provocara el desplome del mercado bursátil estadounidense.

U.S. President Donald Trump will meet with Nvidia chief executive Jensen Huang at the White House on Friday, a White House official said, following reports the Trump administration is studying new ways to restrict AI chip sales to China.

Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.

JayzTwoCents personally signs a ZOTAC GeForce RTX 5090 graphics card at Micro Center, gets home and sees it up for sale for $5800.

While the demand is there, it's clear that's not the sole reason why Nvidia's RTX 50 series is impossible to find in stores. Many retailers received fairly low stock quantities, as Nvidia reportedly experienced manufacturing issues.

Nvidia crossed below its 200-day moving average this week for the first time since 2023. Analysts say the correction could deepen.

India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.

Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market. The S&P 500 rose 0.1% in midday trading Thursday. The