Weekly Update | Biggest News Week of 2025! | January 29th, 2025

Today is a significant day for market news, so let’s break down the key updates on the Weekly Update with Brett Witkowski!

First, let’s discuss NVIDIA and DeepSeek. DeepSeek, an AI company launched at a much lower valuation, caused a sharp decline in NVIDIA’s stock as investors rushed to sell. This led to NVIDIA’s stock dropping below its 200-day moving average.

Next, the Federal Reserve is expected to release updates on inflation rates later today. There is speculation that the Fed may decide to pause its rate hikes, and the tone of this discussion will be crucial for market sentiment.

Finally, we’ll hear earnings reports from Tesla, Meta, and other members of the “Magnificent 7” today. These results could set the tone for the broader market moving forward.

With the rapid advancements in AI, we may be seeing a disruption of the disruptors, with companies like NVIDIA facing increased competition from emerging players like DeepSeek.

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