//Market Rally Caps Off Volatile January: Tech Stocks Lead the Charge//

January ended on a high note for Wall Street, with major indexes closing out the month with gains despite a rollercoaster of volatility. Investors navigated a whirlwind of earnings reports, inflation concerns, and geopolitical developments, but by the final trading session, optimism prevailed.

Traders work at the New York Stock Exchange on Jan. 29, 2025.

S&P 500 and Nasdaq Rebound

The S&P 500 climbed 0.7% on Friday, wrapping up the month with a solid 4% gain. The tech-heavy Nasdaq Composite saw a 1.2% boost, largely reversing the steep losses it suffered earlier in the week. Meanwhile, the Dow Jones Industrial Average lagged behind, closing flat due to a notable dip in Chevron’s stock.

Apple, a key driver of market sentiment, saw a 1% increase in its share price despite reporting lower-than-expected iPhone sales. The company's growing services revenue, however, reassured investors. Energy giants Chevron and Exxon Mobil, on the other hand, struggled, with Chevron’s stock dropping 4% and Exxon’s slipping 1% following disappointing fourth-quarter results.

Tech Stocks Regain Momentum

The week started with a major sell-off triggered by concerns over China’s DeepSeek AI startup disrupting the artificial intelligence sector. However, by Friday, the so-called "DeepSeek panic" had faded. The Nasdaq, which tumbled 3.07% on Monday, managed to recover by week’s end.

Jay Hatfield, CEO of Infrastructure Capital Advisors, expressed confidence that the tech sector would continue its recovery as major companies like Amazon, Google, and Nvidia prepare to release earnings reports in the coming weeks. "We’re optimistic that strong earnings will push the sector higher," Hatfield said.

Nvidia, a focal point of the AI-driven market rally, saw a staggering 17% drop earlier in the week but managed to reduce its losses to about 11% by Friday. Investors remain hopeful that upcoming earnings will confirm the long-term strength of the AI boom.

Inflation Data Adds to Market Speculation

A key economic report released Friday—the personal consumption expenditures (PCE) price index—indicated that inflation remains a concern. The index rose 0.3% from November, bringing the annual increase to 2.6%. This figure met expectations but marked an uptick from the prior month’s 2.4% rate.

Chicago Federal Reserve President Austan Goolsbee acknowledged the progress made in curbing inflation but warned of potential risks. He pointed to tariffs as a wildcard that could influence future monetary policy decisions. “We’re still making progress toward 2% inflation, but the impact of tariffs remains uncertain,” he said in an interview with CNBC.

Big Moves in Individual Stocks

Palantir, the software and data analytics firm, hit an all-time high, surging over 4% on Friday. The stock has been on an incredible run, up 104% over the past three months and a staggering 427% in the past year. Investors eagerly await Palantir’s upcoming earnings report to see if the momentum continues.

Meanwhile, Chevron made headlines not just for its disappointing earnings but also for its adoption of the term “Gulf of America” in its reports, following an executive order by President Donald Trump to rename the Gulf of Mexico. The move stirred debate, but its market impact remains to be seen.

Looking Ahead to February

As traders shift their focus to February, analysts remain cautiously optimistic. With more earnings reports on the horizon, the market will be watching closely for signals of continued economic growth and corporate strength.

“We still have a fair amount of earnings to go through,” Hatfield noted. “Historically, it pays to stay long during earnings season, so we remain bullish heading into next month.”

Despite January’s turbulence, investors found reasons to stay optimistic. The S&P 500, Nasdaq, and Dow all ended the month in positive territory, signaling resilience in the face of uncertainty. As tech stocks rebound and inflation concerns remain in focus, February promises to be another eventful month on Wall Street.

//DeepSeek’s CEO Is Changing the AI Game—And He’s Doing It With Gen Z Talent//

Liang Wenfeng hires young people and bookworms for his engineering team, and is described as a humble and nerdy leader.

In the fast-moving world of artificial intelligence, where Silicon Valley giants like OpenAI and Nvidia dominate the conversation, a new player has unexpectedly emerged: DeepSeek. Led by the unassuming and unconventional Liang Wenfeng, this Chinese AI powerhouse has skyrocketed to prominence in just two years, shaking up the industry and leaving competitors scrambling to catch up.

DeepSeek’s rapid rise isn’t just about technological prowess—it’s about a radically different approach to leadership, hiring, and innovation. Liang isn’t looking for seasoned industry veterans to drive his company forward. Instead, he’s betting big on young, passionate Gen Z workers and individuals from unconventional backgrounds. And so far, that bet is paying off in a big way.

The Rise of DeepSeek: A Silicon Valley Disruptor

DeepSeek’s ascent has been nothing short of meteoric. In 2023, Liang Wenfeng founded the company with a clear goal: to build a Chinese AI powerhouse that could stand toe-to-toe with OpenAI and other Western tech leaders. Just two years later, DeepSeek has not only carved out a major presence in the AI industry but has also overtaken ChatGPT on Apple’s App Store rankings. With a current estimated valuation of $1 billion, DeepSeek is no longer just an ambitious startup—it’s a full-fledged AI titan.

But what makes DeepSeek stand out isn’t just its technology. It’s the company’s distinct hiring philosophy and Liang’s unorthodox leadership style that have captured attention. While most AI firms aggressively recruit seasoned engineers with decades of experience, Liang has taken a completely different approach: prioritizing fresh talent over industry veterans.

Why Liang Wenfeng Prefers Hiring Gen Z and Bookworms

In an industry where experience is often considered king, Liang has flipped the script. He firmly believes that young, inexperienced workers bring fresh ideas and out-of-the-box thinking—qualities that are essential for innovation.

“If you are pursuing short-term goals, it is right to find people with ready experience,” Liang said in a 2023 interview with Chinese media outlet 36Kr. “But if you look at the long-term, experience is not that important. Basic skills, creativity, and passion are much more important.”

His philosophy is rooted in the idea that experienced professionals often get stuck in rigid thinking patterns, while younger minds are more willing to experiment and challenge assumptions. “When doing something, experienced people will tell you without hesitation that you should do it one way,” he explained. “But inexperienced people will repeatedly explore and think seriously about how to do it, and then find a solution that suits the current actual situation.”

In addition to hiring young talent, Liang has also made a point of bringing in people from non-traditional backgrounds—including literature enthusiasts. He believes that book lovers and humanities majors bring valuable perspectives that can help refine AI models, particularly in areas of language and contextual understanding.

A Different Kind of Tech CEO

Beyond his hiring strategy, Liang stands out for another reason: he doesn’t fit the mold of the typical tech CEO. Unlike Silicon Valley leaders who thrive in the public eye, Liang keeps a remarkably low profile. He rarely grants interviews, has a minimal social media presence, and avoids the kind of public showmanship that has become common among Western tech executives.

Compare this to the likes of Jeff Bezos, who encourages high-energy “messy meetings,” or Mark Zuckerberg, who frequently shares personal insights on social media. Even more recently, Elon Musk has been taking the stage at political rallies and using his platform to engage in controversial discussions. Liang, by contrast, operates in near silence, letting DeepSeek’s success speak for itself.

A business partner once described him as a “very nerdy guy with a terrible hairstyle” who was often underestimated. But those who doubted him are now watching as DeepSeek reshapes the AI industry.

What’s Next for DeepSeek?

DeepSeek’s future looks bright. With its fresh approach to hiring and innovation, the company has positioned itself as a serious challenger to Western AI giants. As Liang continues to build his team of young, unconventional talent, DeepSeek is likely to keep pushing the boundaries of what AI can achieve.

For now, the company remains an enigma to many—led by a quiet yet brilliant leader who has proven that sometimes, the best way to disrupt an industry is to do things completely differently. While Silicon Valley sticks to its traditional playbook, DeepSeek is rewriting the rules. And the world is taking notice.