U.S. stock futures are sinking on investor jitters over artificial intelligence (AI) competition from China; Nvidia (NVDA) and ASML Holdings (ASML) are among tech shares sinking in premarket trading on worries about China's DeepSeek AI model; AT&T () stock is moving higher after reporting fourth-quarter profit rose by 70% year-over-year; Colombia agreed to accept migrants deported from the U.S. after President Donald Trump threatened the country with tariffs; and Venture Global (VG) stock is furthering its decline after its stock market debut Friday. Herꩲe's what investors need to know today.
1. US Stock Futures Sink on Tech Downturn
U.S. stock futures are pointing sharply lower as tech shares retreat on worries over China's 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) capabilities. Following 澳洲幸运5开奖号码历史查询:consecutive winning weeks for the major stock indexes, Nasdaq futures are about 4% lower, while those associated with the 澳洲幸运5开奖号码历史查询:S&P 500 and 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average are lower by roughly 2% and 1%, respectively. Bitcoin (BTCUSD) also is🧸 retreating from recent highs, falling nearly 4% to trade at under $99,000. Yields on the 10-year ⭕Treasury note and oil and gold futures also are lower.
2. Nvidia, TSMC Lead Ot༒her Tech Stocks Lower onဣ DeepSeek Worries
Nvidia (NVDA) shares are 澳洲幸运5开奖号码历史查询:plummeting roughly 12% in premarket trading after Chinese company DeepSeek unveiled an AI model that uses cheaper, less-advanced chips. Other sector stocks declined, with U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) dropping 11%. Other companies with AI-related offerings also moved lower, with Microsoft (MSFT) falling 5%, and Meta Platforms (META) and Tesla (TSLA) dropping roughly 3% and 4%, respectively. 澳洲幸运5开奖号码历史查询:The♔ three "Magnificent Seven" companies will report earnings later this week.
3. AT&T Stock Rises as Q4 Profit Surges 70%
AT&T () shares are rising 2% in premarket trading after the 澳洲幸运5开奖号码历史🧸查询:telec🌃om giant reported fourth-quarter profit that jumped 70% year-over-year to $4.41 billion, or 56 cents per share, on revenue of $32.3 billion. Analysts polled ⛎by Visible Alpha expected profit of $3.38 billion, or 46 cents per s🎐hare, on roughly flat revenue of $32.07 billion. Shares of AT&T, which affirmed its 2025 guidance, had gained more than 30% over the last 12 months through Friday's close.
4. Colombia Accepts Deported Mig🌼rants After Trump Tariff Threat
President Donald Trump backed off a threat of "emergency" tariffs on imports from Colombia after the South American country 澳洲幸运5开奖号码历史查询:agrꦺeed t🤡o let two repatriation flights from the U.S. land there. White House Press Secretary Karoline Leavitt said in a statement on X Sunday night that the actions on tariffs and sanctions would "be held in reserve, and not signed, unless Colombia fails to honor this agreement." Earlier, Trump wrote on his Truth Social platform that he would place "emergency 25% tariffs on all goods coming into the United States" from Colombia, adding they would be lifted to 50% in one week.
5. Venture Global Stoc﷽k 🍰Slips Further After Debut Friday
Venture Global (VG) stock is slipping a further 2% in premarket trading following a 澳洲幸运5开奖号码历史查询:disappointing stock market debut for the 澳洲幸运5开奖号码历史查询:liquefied natural gas (LNG) exporter. The company started trading Friday on the 澳洲幸运5开奖号码历史查询:New York Stock Exchange (NYSE) following its 澳洲幸运5开奖号码历史查询:initial public offering (IPO) but fell 4%. The company generated $1.75 billion by pricing꧂ 70 million share🍸s in the middle of its $23 to $27 range after initially offering 50 million shares priced between $40 and $46, the midpoint of which would have allowed the firm to raise $2.15 billion.