Nvidia’s DeepSeek Drop Has Wall Street Fixated on Key Stock Mark
(Bloomberg) -- On Wall Street, all eyes are on Nvidia Corp.’s stock as chart-watchers search for signs the chipmaking giant will claw its way back from a DeepSeek-driven rout, given its power to sway the broader market. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute T
Read MoreDangerous Week on Wall Street Fires Up ‘Diversify Or Else’ Bets
(Bloomberg) -- A breakthrough in China shakes the US tech sector to its core. Tariff drama escalates with President Donald Trump vowing action against major trading partners. A hawkish Federal Reserve jars inflation-obsessed traders anew. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’
Read MoreAutos, Chipmakers, China Stocks Brace for Impact as Tariffs Loom
(Bloomberg) -- Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute Time Drops With New Congestion TollUS stocks slipped on Friday afternoon to end the day in the red, with carmakers and Chinese companies leading the decline, as the White House said President Donald Trump i
Read MoreS&P 500 Gains and Losses Today: UGG Footwear Maker Deckers Outdoor Plunges on Weak Outlook
The S&P 500 declined by 0.5% on Friday, Jan. 31, as investors digested the White House’s proposed tariffs on Canada, China, and Mexico.
Read MoreAs Trump Tariffs Near, World Braces for Stock Market Spillover
(Bloomberg) -- US President Donald Trump is planning to slap tariffs on goods from Canada and Mexico on Saturday. Now comes the guessing game of how they will affect the global stock market.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute Time Drops With New Congestion
Read MoreWhy Analysts Think AI Could Be Key to More Apple Stock Gains
After Apple CEO Tim Cook said the iPhone maker is seeing record iPhone upgrades with the rollout of Apple Intelligence, several analysts raised their price targets for the company's stock, pointing to AI updates as a potential source of growth.
Read MoreAbbVie (NYSE:ABBV) Posts Better-Than-Expected Sales In Q4, Stock Soars
Pharmaceutical company AbbVie (NYSE:ABBV) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 5.6% year on year to $15.1 billion. Its non-GAAP profit of $2.16 per share was 4.3% below analysts’ consensus estimates.
Read MoreResMed (NYSE:RMD) Posts Better-Than-Expected Sales In Q4 But Stock Drops
Medical device company ResMed (NYSE:RMD) announced better-than-expected revenue in Q4 CY2024, with sales up 10.3% year on year to $1.28 billion. Its non-GAAP profit of $2.43 per share was 5.2% above analysts’ consensus estimates.
Read MoreIntuitive Surgical (NASDAQ:ISRG) Delivers Impressive Q4
Medical technology company Intuitive Surgical (NASDAQ:ISRG) announced better-than-expected revenue in Q4 CY2024, with sales up 25.2% year on year to $2.41 billion. Its non-GAAP profit of $2.21 per share was 23.8% above analysts’ consensus estimates.
Read MoreWhy the Stock Price of the Maker of Hoka and Ugg Footwear Plunged Friday
Deckers is Leading S&P 500 Decliners After Reporting Earnings Late Thursday
Read MoreNeogen (NASDAQ:NEOG) Posts Better-Than-Expected Sales In Q4
Life sciences company Neogen (NASDAQ:NEOG) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $231.3 million. Its non-GAAP profit of $0.11 per share was in line with analysts’ consensus estimates.
Read MoreWhy Deckers (DECK) Stock Is Nosediving
Shares of footwear and apparel conglomerate Deckers (NYSE:DECK) fell 16.8% in the morning session after the company reported mixed fourth quarter results: its full-year revenue guidance slightly missed even though the company raised it. The sales guidance suggested a steady slowdown in growth to the mid-teens. On the other hand, Deckers blew past analysts' constant currency revenue and EPS estimates. Overall, this quarter had some key positives, but the market was expecting even better results.
Read MoreNvidia CEO Huang Heads to White House After Wild Week for Chipmaker's Stock
Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, after a wild week for the chipmaker's stock.
Read MoreHedge funds bet billions on market crash in Trump’s America
Hedge funds have bet billions of dollars against Donald Trump’s America amid fears of a market crash.
Read MoreTop Stock Movers Now: Apple, AbbVie, Deckers Outdoor, and More
U.S. equities were mostly higher at midday on positive tech earnings news and a report showing December inflation came in as expected.
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