The S&P 500 had a losing day but posted weekly and monthly gains. The Nasdaq 100 and the Russell 2000 both ended the day and the week lower, but were up on the month. Tech was once again the worst-performing sector. Gold and silver suffered their worst losses in decades today amid President Trump's plans to nominate Kevin Warsh, who has a reputation as an inflation hawk, as the new Fed Chair. Bitcoin fell for the fourth consecutive month, its longest monthly losing streak since 2018. XRP, solana, and dogecoin haven't posted a positive monthly return since September, while ethereum is on track to have its fifth consecutive monthly red candle. Stocks that moved higher: |
- The release of Google's AI tool that can create playable, copyrighted worlds sent gaming stocks Roblox, Nintendo, Take-Two Interactive, and Unity Software lower.
- Despite posting better-than-expected quarterly sales and earnings-per-share figures after the close yesterday, shares of Western Digital slipped.
- Bombardier, American Airlines, and Delta Air Lines dipped following Trump's threats to impose 50% tariffs on Canadian-made aircraft and decertify Canadian-built planes.
- Despite reporting an earnings beat this morning, SoFi Technologies traded lower.
|
|
|
The company is ditching some of its EV models as it doubles down on robots, AI, energy, and self-driving. Read more. |
|
|
Our cars are already trying to sell us stuff. CarPlay is disappearing because automakers want our data. And soon, cars may even eavesdrop on our conversations for ad targeting. Read more. |
|
|
Yesterday, Apple posted record quarterly revenue and iPhone sales — and China, a sore spot for years, was a big reason why. For the quarter ended December 2025, Apple's total revenue rose 16% year on year to $143.8 billion, with sales in Greater China — the company's third-largest region after the Americas and Europe — surging 38% year on year to $25.5 billion. Read more. |
|
|
Was this email forwarded to you? Don't miss out on future stories — subscribe to The Wrap and get your daily dose of financial news straight to your inbox. Craving more insights in your inbox? Subscribe to Chartr and Snacks for quality reads. We care what you think! If you have any feedback or comments, feel free to reply and let us know your thoughts! |
|
|
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
|
|
SHERWOOD MEDIA, LLC, 85 Willow Road, Menlo Park, CA 94025 |
|
|
|
No comments:
Post a Comment