Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
U.S. Government Invests $1 Billion in L3Harris Rocket Motor Business to Secure Missile Supply Chain 
AFT Leaves X Over AI-Generated Images of Minors 
BlackRock to Cut Around 250 Jobs as CEO Larry Fink Pushes Strategic Shift 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
The tech sector experienced significant volatility this week, with major companies seeing sharp movements. Nvidia (NASDAQ:NVDA) plunged over 16% on Monday following the launch of DeepSeek, a Chinese AI platform offering competitive performance at lower costs. The news triggered a broader sell-off in AI-related stocks, impacting Broadcom (NASDAQ:AVGO), Dell (NYSE:DELL), and Super Micro Computer (NASDAQ:SMCI). Morgan Stanley lowered Nvidia’s price target from $166 to $152, citing short-term risks despite strong demand for its upcoming Blackwell products.
Meanwhile, Tesla (NASDAQ:TSLA) defied expectations, posting gains despite missing earnings forecasts. CEO Elon Musk’s bullish outlook, emphasizing autonomous driving and the upcoming "Cybercab," appeared to fuel investor optimism. JPMorgan analysts noted uncertainty over the stock’s rise, speculating it may stem from Musk’s ambitious growth projections, including claims of potential revenue exceeding $10 trillion from a single product.
Microsoft (NASDAQ:MSFT) saw declines after a weaker-than-expected earnings report, with UBS lowering its price target from $525 to $510. The firm cited concerns over Microsoft’s cloud segment, Azure, which has now disappointed for three consecutive quarters. In contrast, Meta (NASDAQ:META) and Apple (NASDAQ:AAPL) both surged after exceeding earnings expectations. Evercore ISI noted Apple’s resilience despite weak China demand, while JPMorgan highlighted Meta’s strong Q4 performance and its long-term AI infrastructure investments.
As AI competition intensifies, investor sentiment remains mixed. While innovation is driving new opportunities, concerns over market disruption continue to impact valuations.
