E-Learning

U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.

Electronic component provider Littelfuse (NASDAQ:LFUS) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $529.5 million. The company expects next quarter’s revenue to be around $535 million, close to analysts’ estimates. Its non-GAAP profit of $2.04 per share was 1.1% below analysts’ consensus estimates.

The broader accessibility of efficient AI models like DeepSeek will benefit the market as a whole.

(Bloomberg) -- The US dollar is once again showing off how it’s become a popular way to trade tariff threats, rallying after President Donald Trump said he favors imposing “much bigger” levies than had been suggested by one of his top officials.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersNYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineNewsom Enlists Magic Johnson, Guggenheim CEO

Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 stealth fighters.

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting

AI-exposed power stocks attempted a rebound Tuesday after getting crushed over worries of lower-than-expected energy demand.

Coffeehouse chain Starbucks (NASDAQ:SBUX) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales were flat year on year at $9.40 billion. Its GAAP profit of $0.69 per share was 3.7% above analysts’ consensus estimates.

Supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 7.4% year on year to $255.8 million. On the other hand, the company’s full-year revenue guidance of $1.07 billion at the midpoint came in 6.3% below analysts’ estimates. Its non-GAAP profit of $1.17 per share was 10.4% above analysts’ consensus estimates.

Investors piled back into Nvidia and other U.S. AI stocks Tuesday, although recent volatility had some on Wall Street tempering their expectations.