A financial news talk show addressing the events of the week on Wall Street and forecasting what investors should expect in the immediate future. Hosted by Veronica Dudo with permanent panelists, Tobin Smith & Todd M. Schoenberger, joined by a rotation of guest panelists.
DeepSeek's AI Disruption: Market Turmoil and Key Earnings Ahead
In this episode of The Weekly Money Clip, host Todd M. Schoenberger, CEO of CrossCheck Media, delves into the seismic impact of Chinese AI startup DeepSeek's latest innovation. The company's new AI model, DeepSeek-R1, has sent shockwaves through the tech industry, leading to a significant downturn in the Nasdaq and erasing $600 billion in market capitalization from U.S. tech giant Nvidia. Todd explores the broader implications of this development, not only for investors but also for the global tech landscape. Additionally, he provides a comprehensive overview of the upcoming week's market-moving economic reports and critical earnings announcements from major companies like Meta, Apple, Microsoft, and Tesla. Discover how these events could shape the financial markets in the days ahead.