Stocks rose Tuesday as investors monitored the latest developments involving the Trump administration's decision to impose tariffs on leading trade partners and digested a slew of corporate earnings reports.
The S&P 500 and 澳洲幸运5官方开奖结果体彩网:Nasdaq Composite rose 0.7% and 1.4%, respectively, while the 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average tacked on 0.3%. Stocks 澳洲幸运5官方开奖结果体彩网:had fallen on Monday as investors kept close tabs on trade-related developments after Trump over the weekend signed executive orders calling for tariffs on👍 Canada, Mexico, and Chin🎃a.
Trump decided yesterday to delay by 30 days the 25% tariffs on Mexico and Canada that were scheduled to go into effect Tuesday. But 10% tariffs on Chinese imports went ahead as planned, 澳洲幸运5官方开奖结果体彩网:leading Beijing to announce it woul💮d impose duties on imports of several U༺.S. products starting next week.
Among noteworthy movers on Tuesday, Palantir (PLTR) shares soared 24%, leading S&P 500 and Nasdaq gainers, after the analytics software provider reported better-than-expected 澳洲幸运5官方开奖结果体彩网:fourth-quarter results and issued a rosy outlook amid booming AI-related demand. Spotify (SPOT) shares rose 13% after the 澳洲幸运5官方开奖结果体彩网:streaming audio service reported strong revenue and subscriber numbers.
Shares of Merck (MRK) fell 9%, leading Dow decliners, after 澳洲幸运5官方开奖结果体彩网:the pharmaceuticals giant issued a disappointing outlook, while fellow drug maker Pfizer (PFE) fell 1% following its earnings release. Shares of PepsiCo (PEP) declined 4.5% after the food and beverages company's 澳洲幸运5官方开奖结果体彩网:results fell sort of expectations, while Estee Lauder (EL) slid 16% after 澳洲幸运5官方开奖结果体彩网:posting a surprising loss and announcing layoffs.
Large-cap technology stocks were higher across the board, as Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Tesla (TSLA) and Broadcom (AVGO) all added more than 2%. AI chipmaker Nvidia (NVDA), which 澳洲幸运5官方开奖结果体彩网:had fallen sharply over the past week after the revelation that 澳洲幸运5官方开奖结果体彩网:Chinese startup DeepSeek had built a low-cost, high-performing AI model, rose 1.7%, while Microsoft (MSFT) and Meta Platforms (META) also gained ground.
Alphabet shares were down 8% in extended trading after the Google parent reported weaker-than-expected cloud revenu☂e numbers after the closing bell. Chipmaker Advanced Micro Devices (AMD), whose shares rose more than 4% in regular trading, also lost ground in after-hours trading following the release of 澳洲幸运5官方开奖结果体彩网:its quarterly results.
The yield on 10-year Treasurys, which is correlated with market expectations about where interest rates are headed, was at 4.51% late Tuesday, down from 4.54% at yesterday's close.
Bitcoin was around $97,800, down from an overnight high of🐭 $102,500, after a volatile day of trading yesterday sparked by the uncertainty surrounding tariffs. Gold futures were up ༒0.6% at around $2,875 an ounce, trading at record high levels, while WTI crude oil futures fell 0.8%.
Biggest S&P 500 Movers on Tuesday
Advancers
- The S&P 500's top performance came from shares of Palantir Technologies (PLTR), which skyrocketed 24.0% after the analytics software firm posted 澳洲幸运5官方开奖结果体彩网:better-than-expected sales growth for the fourth quarter. Palantir highlighted strong demand for its Artificial Intelligence Platform and struck an optimistic tone about its positioning in AI markets, issuing an upbeat sales forecast for 2025.
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David Paul Morris / Bloomberg / Getty Images
- Super Micro Computer (SMCI) shares jumped 8.6% after the server and data storage provider announced it would hold a conference call on Feb. 11 to provide a business update for its fiscal second quarter of 2025. Supermico stock has seen significant volatility as accounting concerns delayed the release of the company's fiscal 2024 annual report. The newly scheduled update will come around two weeks ahead of the Nasdaq exchange's extended deadline for Supermicro to file the postponed report.
- Oil refiner Marathon Petroleum (MPC) topped quarterly profit forecasts, and its shares advanced 6.7%. Although a drop in refining margins contributed to a year-over-year decline in adjusted net profits, strength in its renewable diesel division and midstream operations helped boost Marathon's quarterly results.
Decliners
- Estée Lauder (EL) did not fare as well in its earnings report. A slump in demand in China and the rest of the Asia-Pacific region contributed to an 澳洲幸运5官方开奖结果体彩网:unexpected operating loss for its fiscal second quarter. The cosmetics and personal care giant also announced a restructuring plan that includes leadership changes and job cuts. Estée Lauder shares suffered the heaviest losses in the S&P 500 on Tuesday, plunging 16.2%.
- PayPal Holdings (PYPL) shares also suffered a post-earnings decline, dropping 13.2% after the payment platform operator fell 澳洲幸运5官方开奖结果体彩网:short of adjusted earnings ♎expectations. Although net income and revenue exceeded estimates, PayPal reported a growth slowdown in total payment volume and the number of transactions per active account. Analysts expressed concern about potential pricing and market share issues for PayPal subsidiary Braintree, which processes transactions for companies like Uber (UBER) and Airbnb (ABNB).
- Shares of Merck (MRK) fell 9.1% after the drugmaker reported 澳洲幸运5官方开奖结果体彩网:lower-than-expected profits for the fourth quarter. While revenue and adjusted earnings topped estimates, Merck's 2025 sales outlook failed to match consensus forecasts. The company said soft international demand weighed on sales of the human papillomavirus vaccine Gardasil, while lower pricing in the U.S. contributed to a sales decline for the diabetes treatment Januvia.
What Analysts Think of Uber Ahead of Earnings Wednesday
Uber Technologies (UBER) is set to report fourth-quarter earnings before the bell Wednesday, with revenue projected t⛎o have grown year-over-year but profit to have declined.
Analysts are bullish on the rideshare giant's stock, with all 25 analysts tracked by Visible Alpha rating it a "buy." The stock has an average price target of $90.50. Uber shares gained nearly 4% to $69.75 on Tuesday in the run-up to tomorrow's quarterly report.
Uber is expected to report a roughly 18% year-over-year revenue gain to $11.76 billion, according to estimates compiled by Visible Alpha. However, the company's net income is projected to have declined by 27% to $1.04 billion, as its Q4 2023 profit included a $1 billion net benefit from a revaluation of its equity investments.
Read the full 澳洲幸运5官方开奖结果体彩网:earnings preview here.
What Analysts Think of Disney Ahead of Earnings Wednesday
The Walt Disney Co. (DIS) is set to report fiscal 2025 first-quarter results Wednesday morning, with analysts expecting rising revenue and net income as the profitability of the entertainment giant's streaming business remainsജ a focus.
Analysts are mostly bullish on Disney's stock, with the analysts tracked by Visible Alpha split between seven "buy" and four "hold" ratings. They have an average price target of $127.27. The stock fell 0.6% Tuesday to close at $113.30.
Revenue is expected to rise nearly 5% year🌟-over-year to $24.63 billion, with profit expected to jump roughly 25% to $2.38 billion, or $1.31 🅠per share.
Read the full 澳洲幸运5官方开奖结果体彩网:earnings preview here.
PayPal Drops on Disappointing Earnings, Guidance
Shares of PayPal slumped Tuesday as the payment platform's adjusted earnings missed eﷺstimates for the final quarter of 2024.
The owner of its namesake platform and others such as Vಞenmo reported $8.37 billion in revenue for the fourth quarter, up 4% from the same time last year and better than the $8.26 billion analysts had expected, per estimates com⛦piled by Visible Alpha.
PayPal's (PYPL) net income came in at $1.12 billion, or $1.11 per share, down 20% from a year ago but narrowly above the $1.08 billion and $1.06 per share analysts had expected. Analysts had eไxpected a larger gap between net and adjusted net income, however. The company's adjusted earnings came in at $1.21 billion, below the $1.44 billion analyst consensus🔜.
That gap continued into PayPal's 2025 projections, with the company's forecast topping earnings per share projections while its adjusted EPS projections fell short. PayPal expects adjusted earnings per share from $1.15 to $1.17 per share for the first quarter, and $4.95 to $5.10 for 2025, well below the $1.36 and $5.83 per share analyst consensus.
The payments processor also announced Tuesday that its board approved a new $15 billion stock buyback program, in addition to the $4.86 billion remaining under its previous program that started in the second quarter of 2022.
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Paypal shares closed 13% lower on Tues🍌day. Over the past 12 months, the stock has gained 25%, roughly in line w൲ith the performance of the S&P 500 over the period.
Analysts Raise Palantir Price Targets After Blowout Earnings
Palantir (PLTR) shares soared to an all-time high Tuesday as several analysts raised their price targets after the company's outlook 澳洲幸运5官方开奖结果体彩网:blew past analysts' expectations on strong demand for its Artificial I🦹ntelligence Platform.
The stock was up 23% at around 🦂$103 in recent trading, boosting its gain over the past 12 months to 500%.
Wedbush analysts reiterated an “outperform” rating for the stock Tuesday and lifted their 澳洲幸运5官方开奖结果体彩网:price targetꦬ to $120 from $90 on AI-driven growth, calling it one of a few "transformational" tech stocks with the potential to ๊change the landscape.
Bank of America analysts, who raised their price target to $125 from $90 and maintained a "buy" rating, said they see Palantir "enabling and leading the AI revolution in both Commercial and Defense markets." The analysts added they believe the Trump administration's 澳洲幸运5官方开奖结果体彩网:focus on AI and the new 澳洲幸运5官方开奖结果体彩网:Department of Government Efficiency led by 澳洲幸运5官方开奖结果体彩网:Elon Musk could benefit Palantir.
UBS analysts raised their objective for the stock as well, to $105 from $80, claiming the results suggested Palantir's high premium relative to its peer group is justified.
Morgan Stanley analysts, who were among those concerned the stock could be overvalued ahead of Palantir's results, boosted their rating to “equal-weight” from “underweight,” and increased their price target to $95 from $60, a level the stock quickly surpassed Tuesday.
What Analysts Think of Alphabet Ahead of Earnings Tuesday
Wall Street analysts are mostly bullish about Alphabet (GOOGL) stock ahead of the release of the Google parent's fourth-quarter results, scheduled for after🌃 the market close🌌s Tuesday.
Of the 19 analysts covering the stock tracked by Visible Alpha, 15 have issued “buy” or equivalent ratings, wit💟h four “hold” ratings. Their consensus price targe🦹t is about $219.
Alphabet shares were up 2% at around $205 in mid-afternoon trading. The stock has gained 44% over the past 12 months, handily outpacing the S&P 500's performance over the period.
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Alphabet is expected ꦛto report fourth-quarter revenue of $96.6 billion, up 12% year-over-year, and earnings of $26.17 billion, or $2.12 per shar🧔e, up from $20.69 billion, or $1.64 per share, a year earlier.
Jefferies recently maintained a “buy” rating and $235 price target for the stock, writing that Alphabet’s “fundamentals appear to be improving with solid ad spen🎀d,” and that the company is seeing growing demand for Gooꩵgle Cloud.
The tech giant's spending on AI will also likely be in focus after the emergence of a sophisticated, cost-efficient AI model from 澳洲幸运5官方开奖结果体彩网:Chinese startup DeepSeek raised concerns about the competitiveness of U.S. firms and their spending on the emꦯerging tech.
Bank of America analysts told clients in a note Friday that they view last week's 澳洲幸运5官方开奖结果体彩网:strong results from Meta (META), which 澳洲幸运5官方开奖结果体彩网:stood by its AI spending plans, as a positive signal for Alphabet. Earlier in the week, Raymond James and Bank of America analysts also suggested that DeepSeek’s rapid rise 澳洲幸运5官方开奖结果体彩网:could push the tech giant&n🐼bsp;to𒉰 act with greater urgency on AI developments.
Meta Levels to Watch as Stock Leads Mag 7 Gainers in 2025
Meta (META) shares moved higher Tuesday after setting a record close yesterday, as investors continue to bid u👍p the stock in the aftermath of a solid quarterly earnings report and optimism🍷 about the potential for AI-fueled growth.
Meta shares trended higher within a six-month 澳洲幸运5官方开奖结果体彩网:rising wedge before breaking out above the pattern’s upper trendline last month on above-average volume. Moreover, the breakout has coincided with the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) moving above the 70 threshold, confirming bullish price momentum, but also cautioning 澳洲幸运5官方开奖结果体彩网:overbought conditions in the stock.
Meta shares have gained 20% since the start of 2025, making the stock the 澳洲幸运5官方开奖结果体彩网:top performer over that stretch among the 澳洲幸运5官方开奖结果体彩网:Magnificent Seven group of large🐽-cap tech companies. The stock was up 1.1% at around $705 in recent trading and on pace to close a💞t another record high Tuesday.
The measuring principle projects a shorter-term bullish target at $755, while bars pattern analysis forecasts a longer-term upside target of around $935. Investors should also monitor major support levels on Meta's chart around $632 and $600.
Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.
Estee Lauder Stock Dives After Surprise Loss, Job Cuts
Estée Lauder (EL) shares tumbled 17% Tuesday to lead 澳洲幸运5官方开奖结果体彩网:S&P 500 🃏;decliners as the beauty products maker reported a surprise quarterly loss and weak guidance, and announced it was sla💛shing jobs as sales lagged.
The cosmetics giant posted a fiscal 2025 second-quarter operating loss of $580 million, or $1.64 per share. Analysts surveyed by Visible Alpha were looking for a per-share profit of $0.26. Revenue fell 6% year-over-year to $4.0 billion, although that was a tick betꦆter than forecasts.
Skin Care segment sales sank 12% to $1.92 billion, and Makeup sales slipped 1% to $1.15 billion, mainly because of slowing de🐼mand in China and the rest of the Asia-Pacific region.
CEO Stéphane de La Faverie said Estée Lauder was launching a new strategic plan called "Beauty Reimagined," aimed at "significantly transforming our operating model to be leaner, faster, and more agile, while taking decisive actions to expand consumer coverage, step-change innovation, and increase consumer-facing investments to better capture growth and drive profitability."
As part of t𝓡he move, the company will shake up the executive suite and lay off 5,800 to 7,000 employees.
Estée Lauder also warned that with "challenges in the Company's Asia travel retail business, subdued consumer sentiment in China and Korea, and evolving global geopolitical uncertainty, the Company anticipates continued volatility and low visibility in the near term." It sees current-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.20 to $0.30, with revenue falling 10% to 12%. Visible Alpha esti♑mates were for $0.62 and a drop of almost 7%, respectively.
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Shares of Estée Lauder have l𝕴ost about half their value in the past yea𒈔r.
What Analysts Think of AMD Ahead of Earnings Tuesday
Advanced Micro Devices (AMD) is set to report i☂ts fourth-quarter results after th🌞e market closes Tuesday, with analysts projecting revenue and earnings growth on strong demand for AI chips.
AMD is expected to report revenue of $7.54 billion, up 22% year-over-year, and earnings of $1.1 billion, or 67 cents per share, up from $667 million, or 41 cents per share, a year earlier. Of the 14 analysts c✤overing the stock tracked by Visible Alpha, eight have issued a “buy” or equivalent rating, compared with five “hold” ratings, and one “sell.” Their consensus price target is $164.
The stock was up 3% at around $118 in midday trading Tuesday. AMD shares have taken a hit over the past year, losing about a third of their value, 澳洲幸运5官方开奖结果体🌺彩网:amid concerns about the chipmaker's outloo🐟k and ability to compete with Nvidia's (NVDA) offerings.
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However, in notes to clients last week, Bank of America and Raymond James analysts suggested competition in the AI space from Chinese firms like DeepSeek, which rocked markets last week with its claims of a sophisticated, cost-efficient AI model, could push U.S. tech firms to spend even more on AI, 澳洲幸运5官方开奖结果体彩网:to the benefit of chipmakers like AMD.
“Spending for AI continues unabated,” Citi analysts said last week, pointing to Meta’s (META) plans to invest 澳洲幸运5官方开奖结果体彩网:$60 billion to $65 billion in 澳洲幸运5官方开奖结果体彩网:capital expenditures this year. That level of AI spending is “good news” for AMD, as well as rivals like Broadcom (AVGO), the analysts said.
Spotify Jumps as Streamer Posts First Year of Profitability
Spotify (SPOT) shares juꦐmped Tuesday after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that be🎃at estimates.
Spotify, which had been 澳洲幸运5官方开奖结果体彩网:cutting costs in recent years, said fourth-quarter revenue jumped 16% year-over-year to 4.24 billion euros ($4.38 billion)🅘. That exceeded the 4.16 billion euros analyst consensus from Visible Alpha. The company's net profit of 367 million euros, versus a loss of 70 million euros in the previous year, was, however, below estimates of 407.7 million euros.
Still, subscriber numbers soared. 澳洲幸运5官方开奖结果体彩网:Monthly active users during the fourth quarter climbed 12% to 675 million, and premium subscriptions came in at 263 million. The numbers both exceeded 澳洲幸运5官方开奖结果体彩网:forecasts Spotify made of 665 million MAUs and 260 million premium subscribers in the fourth quarter, as well as Visible Alpha’s estimates. 𝔉
Looking ahead, Spotify forecast revenue of 4.2 billion euros, 678 mil⛦lion MAUs and 265 million premium subscribers in the first quarter of 2025.
Spotify shares were up 11% in recent tradingღ and have gained about 170% over the past 12 months.
Merck Shares Slide on Soft Outlook
Merck shares tumbled Tuesday morning after the drugmaker's soft outlook outweighed fourth-quarter revenue that topped expectations.
Merck (MRK) reported $15.62 billion in revenue for the quarter, up 7% year-over-year and above th🦋e $15.43 billion analysts had expected, according to estimates compiled by Visible Alpha. The company's net income came in at $3.74 billion, or $1.48 per share, compared to a $1.2 billion loss a year ago but below the $3.92 billion analysts had expected.
After adjusting for one-time charges like costs related to acquisitions, however, Merck's adjusted net income of $4.37 billion topped estimates of $4.21 billion.
For 2025, the drugmaker expects revenue to come in between $64.1 billion 🙈and $65.6 billion, with adjusted earnings per share forecast between $8.88 and $9.03 per share. Analysts had higher expectations, with the current 2025 consensus at $67.08 billion in revenue and $9.09 adjusted EPS.
Sales rose across most of Merck's medication portfolio, with declining sales for Gardasil and Januvia attributed to lower demand in some international regions and lower pricing in the U.S., respectively.
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Merck shares were down ▨nearly 11% in recent trading, leading decliners in t𓆉he Dow Jones Industrial Average, and have fallen nearly 30% over the past 12 months.
Palantir Levels to Watch as Stock Soars on Strong Outlook
Palantir (PLTR) shares soared in premarket trading Tuesday after the analytics software company’s fourth-quarter reven⛦ue and 2025 outlook sailed past Wall Street expectations&ꦅnbsp;amid robust demand🍃 for its AI platform.
Palantir shares have consolidated within an 澳洲幸运5官方开奖结果体彩网:ascending triangle since late December, a chart pattern that signals a 澳洲幸运5官方开奖结果体彩网:continuation of the stock’s longer-term uptrend. Indeed, the price looks set to stage a 澳洲幸运5官方开奖结果体彩网:breakaway gap above the pattern after the better-than-expected quarterly results♌.
It’s also worth noting that the stock registered its highest daily volume on Monday since December’s 澳洲幸运5官方开奖结果体彩网:triple witching trading session, suggesting pre-earnings 澳洲幸运5官方开奖结果体彩网:accumulation.
Bars pattern analysis projects a potential upside target of around $170 and indicates a continuation of the stock's uptrend until late March. Investors should watch key support levels on Palantir's chart around $85 and $66.
Palantir shares were up 23% at around $103 shortly before Tuesday's opening bell. Through the close of Monday's regular trading session, Palantir shares had gained 11% so far in 2025 and had risen five-fold over the past 12 months amid growing demand for the company’s suite of AI-powered software offerings.
Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.
Major Stock Index Futures Mixed
Futures ti🃏ed to the Dow Jone𝔍s Industrial Average were down 0.1%.
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S&P 500 futures were up 0.1%.
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Nasdaq 100 futures rose 0.2%.
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