This article first appeared on GuruFocus. Tesla Inc. (TSLA, Financials) is expanding its tech operations in China by opening a new artificial intelligence training center. The idea is to create AI models that operate better in China and help drivers more.The Vice President, Tao Lin, told the local news site Cailianshe that the center will focus on data and algorithms that are specific to the area....
This article first appeared on GuruFocus. Tesla Inc. (TSLA, Financials) is expanding its tech operations in China by opening a new artificial intelligence training center. The idea is to create AI models that operate better in China and help drivers more.The Vice President, Tao Lin, told the local news site Cailianshe that the center will focus on data and algorithms that are specific to the area. This will help Tesla's self-driving systems perform better in China's challenging traffic and rules.The decision suggests that Tesla is in it for the long haul in the world's biggest electric vehicle market and that AI will be a greater part of the company's plans for the future. Experts say that transferring AI research to China might help speed up software upgrades and make it simpler to satisfy Chinese data restrictions.Tesla is continuing working on its AI ambitions all around the world, like getting vehicles to drive themselves and using energy more efficiently. It is also exploiting the large quantity of data it has on its users to make machine learning better.
fadfebrian/iStock via Getty Images Shares of Bob's Discount Furniture ( BOBS ) have seen a modest public welcome on the first day of trading. After shares were priced at the lower end of the preliminary price range, shares traded around these levels after the offering, as investors are not too upbeat here. While the company has a long runway for growth, a 20 times earnings multiple is not very che...
fadfebrian/iStock via Getty Images Shares of Bob's Discount Furniture ( BOBS ) have seen a modest public welcome on the first day of trading. After shares were priced at the lower end of the preliminary price range, shares traded around these levels after the offering, as investors are not too upbeat here. While the company has a long runway for growth, a 20 times earnings multiple is not very cheap in retail, as investors have some reservations here, as do I. Discounted Furniture The name of the business leaves little room for imagination, as Bob's Discount Furniture claims to be the destination where America shops for its furniture. The company operates under the belief that it helps everyone turn the place they live into the home they love by delivering value without compromises. This is done by providing everyday low prices, not employing pushy salespeople, a curated assortment, and rapid delivery, all key features instilled since the business was founded in 1991. By now the business operates some 206 stores in about 26 states as of September last year. These stores are located in California and some directly adjacent states, as well as the northeastern part of the country, leaving a long roadmap for growth. This comes as the South and Northwestern parts of the country are not served. The company is targeting a +500 store count over time, which is around the year 2035. The company strongly focuses on pricing and offering quality and stylish products, with prices estimated 10% below other price competitors and about 20%-25% below list prices. This is made possible because of hard work, but also an efficient business model, a lower SKU policy, and longstanding relationships in the supply chain. Valuation & IPO Thoughts Bob's Discount Furniture aimed to sell 19.5 million shares in a preliminary price range between $17 and $19 per share, with pricing set at the low end of the range. All the shares were sold by the company, as the company sees gross proceeds of nearl...
Earnings Call Insights: RXO, Inc. (RXO) Q4 2025 Management View CEO Drew Wilkerson stated that RXO is “taking decisive actions to mitigate the effects of the prolonged soft freight market and significant capacity reductions, which are squeezing our brokerage gross margin.” He highlighted a disciplined approach to optimizing cost structure and gross profit per load, augmenting the carrier base, and...
Earnings Call Insights: RXO, Inc. (RXO) Q4 2025 Management View CEO Drew Wilkerson stated that RXO is “taking decisive actions to mitigate the effects of the prolonged soft freight market and significant capacity reductions, which are squeezing our brokerage gross margin.” He highlighted a disciplined approach to optimizing cost structure and gross profit per load, augmenting the carrier base, and growing stable EBITDA sources through deep customer relationships and the Last Mile hub network. Wilkerson emphasized the brokerage late-stage sales pipeline for new business, “which grew more than 50% year-over-year,” primarily driven by full truckload, and noted strong momentum in Managed Transportation. Wilkerson announced a finalized asset-based lending facility, replacing the revolver, designed to “decrease our cost and provide us with increased flexibility across all market cycles.” CFO James Harris reported: “For the quarter, we reported $1.5 billion in total revenue, gross margin of 14.8%, adjusted EBITDA of $17 million and adjusted EBITDA margin of 1.2%.” Harris explained that gross margin and adjusted EBITDA were negatively impacted by increased transportation costs and soft Last Mile demand, and noted a $12 million goodwill impairment related to the restructuring of the Express service offering in Managed Transportation. Chief Strategy Officer Jared Weisfeld highlighted that “we saw a 24% increase in digital bids per carrier with a new AI-based load recommendation in RXO Connect” and that agentic AI solutions are being deployed to enhance capacity sourcing and theft prevention, as well as automate customer tracking updates. Outlook RXO expects Q1 2026 adjusted EBITDA in the range of $5 million to $12 million. Management is modeling continued weak freight demand and elevated transportation costs, with little expectation of a near-term increase in spot opportunities or sales rates. Harris stated, “For our 2026 modeling assumptions, we expect the following: CapEx t...
The share price has grown exponentially since 1969, but Walmart paid a high price for one mistake. Walmart's (WMT +2.84%) share price is up roughly 15% in 2026 so far, as enthusiasm around the company's growing e-commerce segment and investments in artificial intelligence help push the stock higher. On Tuesday, Feb. 3, its market capitalization hit $1 trillion, making it the first "brick and morta...
The share price has grown exponentially since 1969, but Walmart paid a high price for one mistake. Walmart's (WMT +2.84%) share price is up roughly 15% in 2026 so far, as enthusiasm around the company's growing e-commerce segment and investments in artificial intelligence help push the stock higher. On Tuesday, Feb. 3, its market capitalization hit $1 trillion, making it the first "brick and mortar" retailer to achieve this status. I put "brick and mortar" in quotes because it's no coincidence that Walmart is joining an exclusive club that is dominated by tech giants. In recent years, Walmart's heavy investments in e-commerce and AI technologies have made it, effectively, a tech stock. Yet before it reinvented itself, Walmart encountered rough patches that made its stock trajectory rocky, albeit meteoric. From humble beginnings to trillion-dollar gains Founder Sam Walton launched the first Walmart store in Rogers, Arkansas, in 1962, after being unable to convince his former partners to agree to a cost-cutting strategy. His theory that lower prices would lead to much larger sales, and ultimately greater profits, resonated especially well in rural areas where few retailers bothered to operate. Six years later, Walmart expanded to Missouri and Oklahoma, and in 1969, it went public at a split-adjusted IPO price of $0.0027 per share. Expand NASDAQ : WMT Walmart Today's Change ( 2.84 %) $ 3.60 Current Price $ 130.54 Key Data Points Market Cap $1.0T Day's Range $ 127.09 - $ 130.60 52wk Range $ 79.81 - $ 130.60 Volume 503K Avg Vol 29M Gross Margin 23.90 % Dividend Yield 0.74 % In the 30 years after its October 1969 IPO, Walmart's share price surged 591,400% as its store locations grew exponentially. In 1974, it paid its first dividend, and has increased payouts every year since, a 52-year streak that makes it a rare Dividend King. Yet this seemingly unstoppable juggernaut was caught flat-footed by the e-commerce revolution. According to one former team leader, its CEO in th...
Investors had little time to celebrate Eli Lilly's huge post-earnings gain. While Hims & Hers Health knocked shares down, LLY remains a healthcare stalwart.
Investors had little time to celebrate Eli Lilly's huge post-earnings gain. While Hims & Hers Health knocked shares down, LLY remains a healthcare stalwart.
Amazon.com Inc (NASDAQ:AMZN) shares fell more than 7% to about $205 on Friday following the company’s fourth quarter earnings report, as investors digested the $200 billion capital expenditure plan and disappointing first quarter margin guidance. While AWS and retail results impressed,...
Amazon.com Inc (NASDAQ:AMZN) shares fell more than 7% to about $205 on Friday following the company’s fourth quarter earnings report, as investors digested the $200 billion capital expenditure plan and disappointing first quarter margin guidance. While AWS and retail results impressed,...
Shares of the Doximity (NYSE: DOCS) -- the No. 1 digital platform for medical professionals -- are down 24% as of 11 a.m. ET on Friday after the company reported third-quarter earnings Thursday afternoon. Sales and earnings per share exceeded Wall Street's expectations, but management's guidance for 4% revenue growth in Q4 sent the stock down sharply. Doximity's sales growth has slowed from 23% in...
Shares of the Doximity (NYSE: DOCS) -- the No. 1 digital platform for medical professionals -- are down 24% as of 11 a.m. ET on Friday after the company reported third-quarter earnings Thursday afternoon. Sales and earnings per share exceeded Wall Street's expectations, but management's guidance for 4% revenue growth in Q4 sent the stock down sharply. Doximity's sales growth has slowed from 23% in Q3 last year to 10% in Q3 this year, so the upcoming quarter's conservative guidance really spooked the markets. Making matters worse, net income declined from $75 million in Q3 2025 to $62 million this year as marketing expenses rose 27% and the company invested heavily in its AI infrastructure. That said, I think Doximity's long-term investment thesis remains intact. Most of this quarter's volatility comes from shorter-term issues. For example, pharmaceutical companies are among Doximity's largest customers because they advertise with the company. These pharma companies continue to battle industry-specific headwinds, with 16 of the 20 largest pharma companies recently signing most-favored-nation agreements, resulting in delayed bookings with Doximity as they waited for clarity. This delay looks bad right now, but board member Tim Cabral highlighted how this was merely a timing shift, explaining, "This is evident in our January pharma bookings growth rate, which is the best we've seen since going public." The sales slowdown in Q3 and Q4 shouldn't be a sign of a long-term problem. Image source: Getty Images. Continue reading
This article first appeared on GuruFocus. Amazon.com (AMZN) shares slid about 10% on Friday after the company outlined plans to sharply lift spending on artificial intelligence and infrastructure. The e-commerce and cloud giant said it expects to invest roughly $200 billion in AI, chips, robotics and low-Earth-orbit satellites, with most of the capital flowing into Amazon Web Services, according t...
This article first appeared on GuruFocus. Amazon.com (AMZN) shares slid about 10% on Friday after the company outlined plans to sharply lift spending on artificial intelligence and infrastructure. The e-commerce and cloud giant said it expects to invest roughly $200 billion in AI, chips, robotics and low-Earth-orbit satellites, with most of the capital flowing into Amazon Web Services, according to a Thursday press release. Chief Executive Andy Jassy told analysts the bulk of the budget targets AI capacity, calling the technology a long-term growth driver, though investors remain cautious about when returns may materialize. The move comes as Meta Platforms (NASDAQ:META), Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) also ramp up AI outlays. Together, the Big Tech group plans close to $650 billion in AI-related spending this year. Meta expects up to $135 billion in capital expenditures, while Google targets about $185 billion. Microsoft has already deployed more than $72 billion on AI infrastructure and hiring. Pressure spilled across tech stocks this week as concerns grew over rising costs. Cisco Systems (NASDAQ:CSCO) CEO Chuck Robbins said AI will create winners and losers, while JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon said some investments will likely disappoint. Amazon CFO Brian Olsavsky said the company is cutting costs elsewhere as AI spending accelerates.
Investors are shifting into names outside of tech that could have room to run. A rotation out of tech names and into industrials has shares of FedEx (FDX 0.18%) flying this week. As of midday Friday, the stock of the transportation services company surged 13.3%, according to data from S&P Global Market Intelligence. FedEx shares have now jumped by more than 26% so far this year. That's about doubl...
Investors are shifting into names outside of tech that could have room to run. A rotation out of tech names and into industrials has shares of FedEx (FDX 0.18%) flying this week. As of midday Friday, the stock of the transportation services company surged 13.3%, according to data from S&P Global Market Intelligence. FedEx shares have now jumped by more than 26% so far this year. That's about double the return of the Dow Jones Transportation Index year to date. Analyst sees plenty of upside This week's move came as investors shifted away from high-flying tech stocks and into more industrial names. But that wasn't the only reason FedEx shares have soared. Earlier in the week, UBS analyst Thomas Wadewitz maintained a "buy" rating on the stock and significantly boosted his firm's price target. Wadewitz increased his target from $314 to $412 per share, according to reports. That's more than a 30% boost. His new target price still implies another 12% upside from Thursday's closing price. Expand NYSE : FDX FedEx Today's Change ( -0.18 %) $ -0.64 Current Price $ 363.32 Key Data Points Market Cap $86B Day's Range $ 362.35 - $ 367.10 52wk Range $ 194.29 - $ 367.10 Volume 21K Avg Vol 1.8M Gross Margin 22.05 % Dividend Yield 1.57 % FedEx is holding its 2026 Investor Day next week on Feb. 12. The transportation and delivery company should present investors with a multi-year plan that could include a path to higher margins. The analyst believes cost reductions, improved pricing, and more sustainable revenue growth will be presented. That scenario could leave the stock with much more upside, and investors are trying to get ahead of it this week.
Exchange operator Cboe Global Markets Inc. plans to roll out options contracts that will enable binary bets on event outcomes, in a bid to enter the fast-growing prediction markets. In a departure from the approach taken by rivals, Cboe’s contracts will be regulated by the Securities and Exchange Commission , requiring a more onerous listing process that could help insulate the bourse from the ava...
Exchange operator Cboe Global Markets Inc. plans to roll out options contracts that will enable binary bets on event outcomes, in a bid to enter the fast-growing prediction markets. In a departure from the approach taken by rivals, Cboe’s contracts will be regulated by the Securities and Exchange Commission , requiring a more onerous listing process that could help insulate the bourse from the avalanche of litigation facing the event contract market. Cboe wants to list the event contracts on the S&P 500 by the end of June this year, the Chicago-based company’s chief executive officer Craig Donohue told analysts on an earnings call Friday. “It will be the all-or-none style combined with what we feel is a way to intertwine some of the spread trading that we see going on today in SPX,” Donohue said, referring the exchange’s flagship S&P 500 Index Options complex. Cboe is a relative latecomer to prediction markets, with crosstown competitor CME Group’s joint venture with Flutter Entertainment Plc already up and running, and Polymarket and Kalshi leading the pack in terms of volumes. Prediction exchanges like Kalshi have upended the gambling industry by listing financial contracts related to sports, politics and pop culture. They are regulated by the US futures regulator, the Commodity Futures Trading Commission, which allows new contracts to be ‘self-certified’ with minimal regulatory oversight. This has sparked allegations of misconduct, including complaints about insider trading, and legal challenges from multiple US states over alleged breaches of gaming rules. Read more: Wall Street’s Top Cop Expects Enforcement on Prediction Markets Cboe said it plans to take a stricter approach that will bring the safeguards created around listed securities to predictions markets. “Our first initial offerings will be securities products,” Rob Hocking , global head of derivatives at Cboe, said during the company’s fourth-quarter earnings call. “We think that’s the best way to reach...
Investors interested in Automotive - Domestic stocks are likely familiar with Blue Bird (BLBD) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores syst...
Investors interested in Automotive - Domestic stocks are likely familiar with Blue Bird (BLBD) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Currently, Blue Bird has a Zacks Rank of #1 (Strong Buy), while Tesla has a Zacks Rank of #4 (Sell). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that BLBD has an improving earnings outlook. But this is just one factor that value investors are interested in. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. BLBD currently has a forward P/E ratio of 12.87, while TSLA has a forward P/E of 188.19. We also note that BLBD has a PEG ratio of 2.47. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TSLA currently has a PEG ratio of 9.63. Another notable valuation metric for BLBD is its P/B ratio of 6.47. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, TSLA has a P/B of 18. These metrics, and several others, help BLBD earn a Value grade of A, whi...
Key Points The crypto market fizzled out this year. Bitcoin’s pullback represents a good buying opportunity. Shiba Inu and the other smaller meme coins could struggle. 10 stocks we like better than Bitcoin › 2026 hasn't been kind to cryptocurrency investors so far. Most of the top tokens declined as investors fretted over elevated interest rates, challenging macroeconomic headwinds, and competitio...
Key Points The crypto market fizzled out this year. Bitcoin’s pullback represents a good buying opportunity. Shiba Inu and the other smaller meme coins could struggle. 10 stocks we like better than Bitcoin › 2026 hasn't been kind to cryptocurrency investors so far. Most of the top tokens declined as investors fretted over elevated interest rates, challenging macroeconomic headwinds, and competition from traditional commodities like gold and silver. However, instead of shunning the entire crypto industry, investors should probably just be more selective with the coins they buy. It's still smart to buy blue chip leaders like Bitcoin (CRYPTO: BTC), but it also might be better to avoid altcoins like Shiba Inu (CRYPTO: SHIB). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The token to buy: Bitcoin Bitcoin's price has declined about 30% over the past 12 months, but it's still the world's most valuable cryptocurrency with a market cap of $1.4 trillion. It's also still up more than 70% over the past five years, even after weathering a frigid crypto winter in 2022 and 2023. Bitcoin experienced wild price swings during that period, plummeting from about $68,000 in November 2021 to a multi-year low of about $16,000 in November 2022. Yet it recovered from that swoon as several catalysts kicked in. Declining interest rates drove investors back toward Bitcoin and other riskier assets, the Securities and Exchange Commission (SEC) finally approved its first spot price exchange-traded funds (ETFs), and the token underwent its latest halving -- which halves its mining rewards every 4 years -- in 2024. More institutional investors accumulated Bitcoin as a hedge against inflation, and more companies and countries established "Bitcoin Treasuries". Bitcoin will remain volatile in this choppy market, but it has clear a...
FBI, CIA Apprehend Key Suspect In 2012 Benghazi Attack, Bondi Vows To Hunt Down Others Many mysteries still surround the 2012 attack on the American consulate and nearby CIA outpost in Benghazi, Libya which led to the deaths of four Americans, including US Ambassador to Libya Christopher Stevens. On Friday, the Trump administration heralded a major break in one of the worst terror attacks on a US ...
FBI, CIA Apprehend Key Suspect In 2012 Benghazi Attack, Bondi Vows To Hunt Down Others Many mysteries still surround the 2012 attack on the American consulate and nearby CIA outpost in Benghazi, Libya which led to the deaths of four Americans, including US Ambassador to Libya Christopher Stevens. On Friday, the Trump administration heralded a major break in one of the worst terror attacks on a US diplomatic compound in history . Attorney General Pam Bondi announced in a press conference the arrest of a culprit allegedly behind the attack. Zubayar al-Bakoush has already been extradited to the United States, landing at Andrews Air Forces base, and is facing murder, arson and terrorism related charges. via Associated Press "The FBI has arrested one of the key participants behind the Benghazi attack. Zubayar al-Bakoush landed at Andrews Air Force Base at 3 a.m. this morning. He is in our custody," Bondi said at a news conference. She disclosed that the CIA and FBI coordinated to apprehend the suspected terrorist. No details of how he was nabbed have been offered, other than he was apprehended "overseas." "Zubayr Al-Bakoush will now face American justice on American soil. We will prosecute this alleged terrorist to the fullest extent of the law," Bondi said The US says it is committed to hunting down others behind the large-scale attack , known as America's other 9/11 , given it occurred September 11, 2012. Three others - Sean Smith, Tyrone Woods, and Glen Doherty - were killed trying to defend against the assault. "Let me be very clear — there are more of them out there," US Attorney Jeanine Pirro said alongside Pondi and the FBI's Patel. "Time will not stop us from going after these predators, no matter how long it takes, in order to fulfill our obligation to those families who suffered horrific pain at the hands of these violent terrorists." The truth about Libya is that some of the Islamist 'rebels' the US funded to overthrow Gaddafi later bit the hand that fed them....
Southbank Centre, London Six world-class orchestras in one night sounds like a surefire hit – but the programming was uninspired and there was far too much standing in line ‘Hear music in different ways in our cross-site takeover,” ran the marketing blurb . “You can choose to listen again, skip and move on to another orchestra or pause to catch up with friends at one of our bars.” The idea is to c...
Southbank Centre, London Six world-class orchestras in one night sounds like a surefire hit – but the programming was uninspired and there was far too much standing in line ‘Hear music in different ways in our cross-site takeover,” ran the marketing blurb . “You can choose to listen again, skip and move on to another orchestra or pause to catch up with friends at one of our bars.” The idea is to create a live mix tape in which the six world-class orchestras based at the Southbank Centre each play a short set, repeated throughout the evening, with audiences free to roam between them. The site’s summer’s dance takeover had been imaginative and engaging. Why not do the same for classical music? It began in the Royal Festival Hall, with the London Philharmonic Orchestra “playing the unforgettable ‘da-da-da-dum’ of Beethoven’s Fifth Symphony”. And, indeed, the opening movement was brisk and the da-da-da-dums were present and correct. Vogue Williams, media personality, model and presenter of Send Nudes: Body SOS welcomed us to the event. “Wasn’t that incredible,” she gushed after the six minutes of the opening movement. “You must be wrecked,” she told an orchestra who routinely perform 90-minute Mahler symphonies and four-hour operas, but conductor Ed Gardner smiled gamely and moved on to a short medley of Howard Shore’s Lord of the Rings film music. Continue reading...
The four Big Tech "hyperscalers" — Microsoft (MSFT), Alphabet (GOOGL, GOOG), Amazon (AMZN), and Meta (META) — are on track to spend upward of $650 billion on artificial intelligence investments this year. Amazon said on Thursday it would invest about $200 billion in capital expenditures in 2026, an announcement that followed Alphabet telling investors on Wednesday its capex would fall between $175...
The four Big Tech "hyperscalers" — Microsoft (MSFT), Alphabet (GOOGL, GOOG), Amazon (AMZN), and Meta (META) — are on track to spend upward of $650 billion on artificial intelligence investments this year. Amazon said on Thursday it would invest about $200 billion in capital expenditures in 2026, an announcement that followed Alphabet telling investors on Wednesday its capex would fall between $175 billion and $185 billion this year. Late last month, Meta told investors it would spend anywhere from $115 billion to $135 billion in 2026, while Microsoft's annual run rate for its 2026 fiscal year, which began in July, would put the company on pace for capital expenditures of $145 billion. At the low end of that range, the four would spend about $635 billion, marking a roughly 67% spike from the companies’ $381 billion in expenditures in 2025. At the high end of their guidance, the group would spend around $665 billion, or a 74% jump from the previous year. The vast majority of that spending will go to AI chips, servers, and data center infrastructure, the companies said. A technician works at an Amazon Web Services AI data center in New Carlisle, Indiana, U.S., October 2, 2025. REUTERS/Noah Berger for AWS · Reuters / Reuters Investors have expressed some misgivings about these new spending plans. Amazon stock fell more than 8% on Friday following the company's announcement. Alphabet shares fell 3% following their announcement, and Microsoft stock fell over 11% after its quarterly results, which were also tainted by slightly slower growth in its Azure cloud unit. Meta stock rallied after the company announced its quarterly results and spending plans, which revealed how AI is boosting the social media giant’s ad revenue. DA Davidson analyst Gil Luria said the cautious approach to tech stocks amid the spending hikes shows investors showing “very healthy” caution. ”The skepticism is probably healthier than any previous cycle I've seen,” he said. Investors are placing more s...
Nvidia is suffering amid the stock market’s tech selloff. Nvidia stock was up 7% at $183.95 on Friday after closing down 1.3% on Thursday. Amazon said in its earnings report after the market closed on Thursday that it plans capital expenditure of $200 billion in 2026, a nearly 60% increase from last year and far above Wall Street expectations.
Nvidia is suffering amid the stock market’s tech selloff. Nvidia stock was up 7% at $183.95 on Friday after closing down 1.3% on Thursday. Amazon said in its earnings report after the market closed on Thursday that it plans capital expenditure of $200 billion in 2026, a nearly 60% increase from last year and far above Wall Street expectations.
The S&P 500 Index ($SPX) (SPY) today is up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.26%. March E-mini S&P futures (ESH26) are up +1.21%, and March E-mini Nasdaq futures (NQH26) are up +1.26%. Stock indexes are sharply higher today, with the Dow Jones Industrials posting a new all-time high. Some better-than-expected tech ea...
The S&P 500 Index ($SPX) (SPY) today is up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.26%. March E-mini S&P futures (ESH26) are up +1.21%, and March E-mini Nasdaq futures (NQH26) are up +1.26%. Stock indexes are sharply higher today, with the Dow Jones Industrials posting a new all-time high. Some better-than-expected tech earnings results have boosted market sentiment and are lifting the broader market today. Gen Digital is up more than +9% after forecasting full-year adjusted EPS above consensus. Also, Roblox is up more than +4% after forecasting stronger-than-expected full-year bookings. In addition, chipmakers and AI-infrastructure stocks are moving higher today as they recover some of this week's sharp losses. Join 200K+ Subscribers: On the negative side of the market, Amazon.com is down more than -9% after the company announced plans to spend $200 billion this year on data centers, chips, and other equipment, sparking concerns that its huge bet on artificial intelligence may not pay off in the long run. Bitcoin (^BTCUSD) recovered from a 1.25-year low today and is up by more than +7% to lift cryptocurrency-exposed stocks. Bitcoin is recovering from a selloff that briefly dragged it down more than 50% from its October record high. According to Coinglass data, investors pulled $434 million from US Bitcoin ETFs on Thursday, and about $2.1 billion in long positions were liquidated in cryptocurrencies over the past 24 hours. The markets this week will focus on earnings and economic news. Later today, the University of Michigan's Jan consumer sentiment index is expected to fall by -1.4 points to 55.0. Q4 earnings season is in full swing, with 150 of the S&P 500 companies scheduled to report earnings this week. Earnings have been a positive factor for stocks, with 79% of the 275 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is...