Public Markets 3h Briefing
×Market Moves
Asian stocks bloomberg.com rose following a tech-led rebound on Wall Street, easing AI-driven concerns. Nasdaq wsj.com bounced back after the AMD-Meta AI chip deal provided clarity to investors.
Earnings & Guidance
HSBC bloomberg.com faces an earnings test as its shares hover near a record high post-89% rally. Boston Beer wsj.com reported lower fourth-quarter revenue, warning that shifting tariff policies could impact annual guidance. Cava wsj.com posted a 21% sales rise for the quarter, driven by higher prices and new restaurant openings. Lucid wsj.com announced a 12% U.S. workforce cut to save $500 million while reporting a wider loss. HP wsj.com dialed down its fiscal-year expectations as rising memory chip costs pressured margins, sending shares lower after hours. First Solar wsj.com posted higher profit but missed revenue expectations for the year. Workday investing.com forecast up to 13% subscription revenue growth, yet shares fell 6% on the guidance. Mercado Libre investing.com saw shares rise after revenue beat estimates.
Corporate Actions & Stake Shifts
PayPal investing.com extended its rally following a report that Stripe is considering an all or partial acquisition. Nvidia finance.yahoo.com sold its stakes in Applied Digital and Arm Holdings to invest in a new AI GPU player.
Macro & Tech Sentiment
Fed’s Collins bloomberg.com signaled rates are likely on hold "for some time" as the labor market improves. A Japan corporate bloomberg.com governance code revision may unlock $840 billion in company cash, boosting the stock outlook. Bond traders are betting on bloomberg.com Fed rate cuts extending into 2027. AI-linked fears roiled markets finance.yahoo.com after years of hype, with one analyst's prediction sparking a selloff. The liquidation of trade financer Raistone bloomberg.com underscores risks after the First Brands collapse.
Sector Spotlight
Planet Fitness bloomberg.com CEO Colleen Keating discussed the company's "unparalleled" reach and growth plans on Bloomberg. Elevance Health bloomberg.com executives reiterated a commitment to affordability, citing utilization as a key cost driver.