(Reuters) - Futures tied to the S&P 500 and the Nasdaq were higher on Tuesday after steep losses in the previous session, when the popularity of a low-cost Chinese artificial intelligence model rattled stocks of U.S. companies invested in the technology. Monday's selloff came after Chinese startup DeepSeek launched AI models it says are on a par or better than...

06:35 AM EST, 01/28/2025 (MT Newswires) -- Bitfarms ( BITF ) , a Bitcoin data center company, on Tuesday said it signed a binding letter of intent to sell its 200 MW site in Yguazu, Paraguay to HIVE Digital Technologies ( HIVE ) . The deal values the completed site at approximately US$85 million, inclusive of approximately US$19 million of...

Jan 28 (Reuters) - Asset manager Invesco ( IVZ ) on Tuesday beat Wall Street estimates for fourth-quarter profit, as rising investor allocations to equities boosted inflows and fee income on managed assets. WHY IT'S IMPORTANT Equity markets have rallied as anticipation of a corporate-friendly fiscal and regulatory policy under the Trump administration has fueled investor optimism. The Federal Reserve's...

(Reuters) - Futures tied to the S&P 500 and the Nasdaq were higher on Tuesday after steep losses in the previous session, when the popularity of a low-cost Chinese artificial intelligence model rattled stocks of U.S. companies invested in the technology. Monday's selloff came after Chinese startup DeepSeek launched AI models it says are on a par or better than...