Stocks trade little changed, bitcoin's surge, Meta's big AI spend
Here are some of the stories Wall Street is watching on Monday, July 14.
The major indexes (^DJI, ^GSPC, ^IXIC) are little changed despite President Trump's threat of 30% tariffs on the European Union and some goods from Mexico.
Bitcoin (BTC-USD) is hitting new highs as the US House of Representatives kicks off its "Crypto Week."
Meta (META) CEO Mark Zuckerberg announced that the company is spending hundreds of billions of dollars to support its AI plans, including building massive data centers.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's market minute. US stocks are little changed today as investors monitor trade headlines and await the June CPI report tomorrow. President Trump threatening 30% tariffs on the European Union and Mexico over the weekend, adding to investors trade war concerns. Meanwhile, Bitcoin is on a tear, the digital token powering to new highs as the House of Representatives kicks off its crypto week. Bitcoin at one point climbing as high as $123,000 per token. And Meta CEO Mark Zuckerberg announcing the company is building several massive data centers to power its artificial intelligence efforts. Zuckerberg announcing the news on its social platform threads with the first data center expected to come online next year. And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.
Related Videos
- 03:38
Why Wall Street keeps shaking off tariff headlines
Yahoo Finance Video • 58 minutes ago - 01:42
Stocks fall on new tariff threats, bitcoin hits a record high
Yahoo Finance Video • 2 days ago - 03:55
OpenAI's Sam Altman Talks Talent War, Trump and Musk
Bloomberg • 5 days ago - 07:13
Apple Loses Top AI Models Exec to Meta's Hiring Spree
Bloomberg • 5 days ago
Content Original Link:
" target="_blank">