
CNBC Business News Update Market Open: Stocks Tumble Amid AI Sell-Off, AT&T Bucks The Market Trend After Earnings, New Music Deal For Spotify
Jan 27, 2025
Stocks are experiencing a sharp decline, driven by the rise of a new AI model from China. Experts voice skepticism about the long-term effects of this trend on the market. While major tech stocks like NVIDIA struggle, AT&T defies the downward trend, buoyed by strong earnings. Additionally, exciting updates reveal a new deal between Universal Music Group and Spotify, promising fresh music for listeners.
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