AI stocks, including Eaton Corp., Sterling Infrastructure, Super Micro Computer, Constellation Energy, and NVIDIA, drop
From Nasdaq: 2025-01-31 10:53:00
In the latest Zacks Market Edge Podcast, host Tracey Ryniec delves into the AI stock sell-off following the DeepSeek panic. Companies like Eaton Corp., Sterling Infrastructure, Super Micro Computer, Constellation Energy, and NVIDIA have all seen price drops in the aftermath. The episode explores whether this is a buying opportunity for investors.
Eaton Corp., involved in power management and server racks, saw a 12.6% drop post-DeepSeek. Sterling Infrastructure, which builds datacenters, fell 25.3%. Super Micro Computer, known for racks and server systems, had a 15.9% decline. Constellation Energy, a power generator, experienced an 11.1% decrease. NVIDIA, a chip maker, saw a 15.5% dip.
With several AI stocks experiencing significant drops, investors are questioning whether now is the time to buy. The podcast offers insights on each company’s earnings expectations and potential for growth in the AI sector.
Additionally, Zacks Research highlights a stock with the potential to double in value, emphasizing the importance of staying informed on market trends and opportunities for growth. For more in-depth analysis and recommendations, listeners are encouraged to tune into the latest podcast episode. 1. The stock market saw a significant increase today, with the Dow Jones Industrial Average rising by 300 points to close at 35,000. This comes after positive earnings reports from major tech companies and a boost in consumer confidence.
2. In international news, tensions are rising between Russia and Ukraine as Russian troops continue to amass near the border. The US and other Western nations have expressed concern over the potential for conflict and have called for a de-escalation of the situation.
3. The latest unemployment numbers show a decrease in jobless claims, with only 300,000 new claims filed last week. This is the lowest number of claims since the start of the pandemic, indicating a positive trend in the labor market.
4. A new study has found that the COVID-19 vaccine is highly effective in preventing severe illness and hospitalization. The study showed that vaccinated individuals were 90% less likely to be hospitalized due to the virus compared to unvaccinated individuals.
5. Climate activists are calling for urgent action after a new report revealed that global temperatures are on track to exceed the 1.5-degree Celsius target set by the Paris Agreement. The report warns of dire consequences if immediate steps are not taken to reduce carbon emissions.
Read more at Nasdaq: Should You Buy the AI Stocks After the Sell-Off?