U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.

U.S. stocks mostly sold off Monday, amid fears China’s AI company DeepSeek could disrupt profits for Big Tech stocks.

Palantir Technologies ( PLTR -4.48%) was one of the hottest artificial intelligence stocks on the market last year. Its 340% return in 2024 made it the single best-performing member of the S&P 500 ( ^GSPC -1.46%). However, Dan Ives at Wedbush Securities sees the stock moving even higher. And he recently gave shareholders two reasons to be thrilled:

U.S. stocks ended lower on Wednesday, but off their lows of the day, with the Federal Reserve holding interest rates steady as expected and Fed Chair Jerome Powell offering soothing comments for investors.

Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

Chinese artificial intelligence company DeepSeek shocked Wall Street and Silicon Valley with its ChatGPT-like AI model called R1. Clare Duffy talks to D.A. Davidson’s Gil Luria about how DeepSeek compares to ChatGPT and why it represents a monumental shift for the AI industry.

By Marc Jones and Lawrence Delevingne LONDON/BOSTON (Reuters) -World markets were suddenly looking calmer on Wednesday as the week’s rollercoaster ride for stock markets turned into wait-and-see ahead of the Federal Reserve’s first rate meeting of the year and results from Microsoft,