Markets have had about a month to digest the DeepSeek revelations, and investors appear satisfied that Nvidia Corporation (NASDAQ:NVDA) will emerge on the other side of these new developments safe and sound.
Indeed, shares have been recovering nicely,
» Read more about: ‘Blue Skies Ahead,’ Says Investor About Nvidia Stock »
Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business.
Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks,
» Read more about: Nvidia CEO Jensen Huang says market got it wrong about DeepSeek's impact »
Jose Sarmento Matos/Bloomberg
Cathie Wood said she is “not bothered” by the volatility in the price of bitcoin and would be more concerned if the price of bitcoin continued to go up unchecked.
“I actually think it’s extremely healthy,” Wood said of the current bitcoin price range.
» Read more about: Cathie Wood is OK with the 'wall of worry' around Bitcoin »
The Social Security Fairness Act, signed into law on January 5, 2025, eliminates two provisions that have long impacted public servants, including first responders: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions previously reduced or eliminated Social Security benefits for individuals receiving pensions from non-Social Security-covered employment,
U.S. Rep. Thomas Massie, a Kentucky Republican, recently announced reintroduction of the Senior Citizens Tax Elimination Act (H.R. 1040). This bill assists middle-class seniors by eliminating the federal income tax on Social Security benefits (“Trump, Musk could ‘crater’ Social Security, former commissioner Martin O’Malley says,” Feb.
» Read more about: Lift taxes on Social Security benefits. »
By Gregory Korte | Bloomberg
Leland Dudek’s weekend started with a phone call removing him from his job at the Social Security Administration after giving information about the agency to DOGE, the government cost-cutting initiative associated with billionaire Elon Musk.
By Monday, he was named the agency’s acting commissioner.
» Read more about: Worker removed for aiding DOGE Is made Social Security boss within days »
Elon Musk, the billionaire advising President Donald Trump how to cut federal spending, is taking aim at the Social Security Administration and giving the impression millions of implausibly old people may be getting benefits payments.
“According to the Social Security database, these are the numbers of people in each age bucket with the death field set to FALSE!
The second Trump administration is intensely focused on enforcement of U.S. immigration laws. Understandably, employers are concerned about immigration visits and Form I-9 compliance, and human resource professionals are bracing for potential workforce disruptions and increased scrutiny of hiring procedures. Retirement plan administrators should also consider the consequences of undocumented workers participating in company retirement plans.
» Read more about: Practical Implications of Immigration Enforcement Activity on Retirement Plans »
At least one crypto wallets linked to Justin Rieger was associated with a phishing scam, and his online footprint could be linked to two more digital currency scams.
In late 2016, Warren Buffett started what would become the most profitable investment in his legendary career. Through his company, Berkshire Hathaway Corp. (BRK.A), he began accumulating shares in Apple Inc. (AAPL), first buying about $1 billion worth and soon accumulating another $39 billion. When BRK.A started selling about half of its Apple holdings,
» Read more about: Warren Buffett's Most Profitable Investment: Lessons For Investors »