Stock market today: Nasdaq, S&P 500 slide as investors digest flood of tech earnings, government shutdown

^IXIC ^DJI ^GSPC

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  Software stocks descent arsenic investors dump stocks

  Sentiment toward bundle stocks connected Wall Street has plunged arsenic investors person dumped shares passim the assemblage connected fears that the software-as-a-services concern faces a terrible menace of contention from oregon replacement by AI, Bloomberg reports.

  Companies specified arsenic SAP (SAP), Salesforce (CRM), and ServiceNow (NOW) person each seen heavy sell-offs implicit the past week arsenic the marketplace sours connected the sector.

  Bloomberg reports:

  Read much here.

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  Novo Nordisk says income volition driblet successful 2026 arsenic fashionable drugs look competition, banal dives

  Novo Nordisk's (NVO) 2026 income volition apt diminution by 5% to 13% arsenic the company's header Ozempic and Wegovy medications look stiffer contention and a White House propulsion to chopped cause pricing, the institution said successful an outlook study connected Tuesday.

  Shares plunged by much than 14% successful the minutes aft the release. Analysts had lone expected a income diminution of 1.4%, according to Bloomberg.

  Novo Nordisk income grew by 10% successful 2025 arsenic the popularity of its value absorption drugs Ozempic and Wegovy exploded; however, the Danish drugmaker has faced greater contention from rivals specified arsenic Eli Lilly (LLY).

  Novo has besides faced come-and-go threats from compounded semaglutide makers specified arsenic Hims (HIMS), which distributed a generic GLP-1 earlier the FDA banned the signifier successful 2025.

  In its release, Novo attributed the driblet successful income to "continued measurement penetration from GLP-1 treatments and marketplace expansion, chiefly wrong obesity, arsenic good arsenic intensifying contention and antagonistic impacts from the compound patent expiry of the semaglutide molecule successful definite markets" internationally.

  Its US income interaction is owed to "current medicine trends for the injectable GLP-1 portfolio, intensifying contention arsenic good arsenic antagonistic interaction from reduced obesity medicine sum successful Medicaid."

  The institution besides said successful the Tuesday merchandise that its adjusted operating nett maturation would besides autumn by an adjacent 5% to 13%.

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  Partial authorities shutdown looks adjacent to ending, House ballot scheduled for spending bills approval

  The partial authorities shutdown looks apt to soon travel to a adjacent arsenic the House of Representatives prepares for a last ballot to o.k. 5 spending bills portion pushing disconnected a determination connected backing for the Department of Homeland Security.

  Our Ben Werschkul reports:

  Read much here.

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  Bloomberg: White House acceptable to contented lipid drilling licence for Venezuela

  The Trump medication is preparing to contented a wide licence allowing US lipid companies to statesman drilling for fossil fuels successful Venezuela, astir a period aft the extraction of Venezuelan person Nicolás Maduro, according to Bloomberg.

  The determination comes arsenic the White House is looking to unlock Venezuela's immense hydrocarbon stores, with astir 300 cardinal barrels of crude lipid underfoot. The prospective licence could beryllium issued by the Treasury Department arsenic aboriginal arsenic this week, Bloomberg reported.

  Such a determination by the Treasury Department would beryllium the 2nd specified measurement arsenic the US looks to licence a rebuilding of the South American country's lipid economy. In precocious January, the US issued a wide licence allowing companies to bargain and merchantability Venezuelan oil, which commodity trading houses specified arsenic Trafigura and Vitol person jumped on.

  As the US Navy blockade stopped lipid from leaving the country, exported hydrocarbons person built up successful retention tanks and connected lipid tankers, meaning that a ample magnitude of lipid is acceptable to beryllium sold without immoderate extraction activity. This newer licence the Treasury Department is readying to contented would let upstream operators to statesman drilling operations, taking caller lipid retired of the ground.

  Reactions person been mixed arsenic the Trump medication — and President Trump himself — has pressured US lipid and state operators to see investments successful Venezuela.

  Chevron (CVX), the lone US lipid institution to proceed operating nether Hugo Chavez and Maduro, has not yet announced immoderate plans to meaningfully boost its existent accumulation rates, and Exxon Mobil (XOM) CEO Darren Woods called the state "uninvestable" successful its existent authorities during a gathering astatine the White House successful January.

• Partial authorities shutdown delays JOLTS report

  The December Job Openings and Labor Turnover Survey, which was scheduled to beryllium released connected Tuesday greeting astatine 10:00 a.m. ET, was delayed owed to the authorities shutdown and volition beryllium rescheduled erstwhile the authorities reopens.

  The January jobs report, which was expected to beryllium released connected Friday, has besides been postponed. The partial authorities shutdown is present successful its 4th day, but whitethorn beryllium nearing its end.

  "Due to the partial national authorities shutdown, the Bureau of Labor Statistics (BLS) volition suspend information collection, processing, and dissemination," Emily Liddel, BLS subordinate commissioner for publications and peculiar studies, said successful a statement. "The Job Openings and Labor Turnover Survey merchandise for December 2025, Metropolitan Area Employment and Unemployment merchandise for December 2025, and the Employment Situation merchandise for January 2026 volition beryllium rescheduled upon the resumption of authorities funding."

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  Walmart crosses $1 trillion marketplace cap

  Walmart (WMT) passed the $1 trillion marketplace capitalization people Tuesday greeting arsenic shares ticked up by implicit 1%, buoyed by affirmative capitalist sentiment arsenic John Furner replaced Doug McMillon arsenic CEO astatine the commencement of February.

  In crossing the $1 trillion mark, Walmart made its mode onto a abbreviated database of the world's largest companies that is overwhelmingly dominated by the biggest tech players.

  The concern advisory steadfast Piper Sandler raised its Walmart terms people to $130 Tuesday greeting connected the company's apparel strength, and Bank of America said successful a caller lawsuit enactment that Walmart could payment from taxation refund provisions successful the One Big Beautiful Bill Act.

  The company's shares person picked up much than 12% since the commencement of the year. Walmart is expected to study fourth-quarter net connected Feb. 19.

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  Galaxy Digital loses astir $500 cardinal successful Q4 aft crypto crash

  Shares successful Galaxy Digital (GLXY) fell by much than 4% aft the institution disclosed Tuesday greeting that it mislaid astir $500 cardinal and posted antagonistic adjusted net for the 4th quarter, driven by "depreciation of integer plus prices successful the quarter."

  Michael Novogratz's integer assets-focused fiscal services steadfast reported a 4th fourth adjusted nonaccomplishment per stock of $1.08, falling beneath expert estimates for a nonaccomplishment per stock of $0.92. Galaxy Digital besides missed connected gross for the quarter, reporting $10.2 cardinal successful gross against expert estimates of $12.15 billion.

  The institution said successful a property merchandise announcing the net that its nonaccomplishment successful crypto-driven gross reflects "a softer macro situation and little manufacture trading volumes and onchain activity."

  Galaxy Digital besides noted that its integer assets trading volumes declined by astir 40% quarter-on-quarter, "reflecting softer lawsuit enactment pursuing a grounds Q3."

  In Galaxy Digital's information halfway division, the institution said it "remains connected way to present 133MW of captious IT load to CoreWeave successful the archetypal fractional of 2026" and that it "received ERCOT support for an further 830 MW of powerfulness capacity," bringing the full approved capableness for its Helios field to 1.6 gigawatts. bringing Helios’ full approved capableness to much than 1.6 gigawatts

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  US stocks tick higher aft beardown Palantir results, much Big Tech net ahead

  The US banal marketplace mostly ticked higher astatine Tuesday's unfastened arsenic net rolled in, with Palantir's (PLTR) outlook fueling religion successful AI request and precious metals jumping to proceed their chaotic ride.

  The tech-heavy Nasdaq Composite (^IXIC), S&P 500 (^GSPC), and Dow Jones Industrial Average (^DJI) each roseate aft the blue-chip benchmark led gains connected Monday with a 500-point advance.

  Nasdaq GIDS - Free Realtime Quote • USD

  23,177.64 -414.47 (-1.76%)

  As of 12:50:00 PM EST. Market Open.

  ^IXIC ^DJI ^GSPC

  The S&P 500 is eyeing a caller grounds aft Palantir's amazingly beardown quarterly results signaled continued spot successful the AI trade. Elsewhere successful the sector, investors are watching posturing Nvidia (NVDA) and OpenAI (OPAI.PVT) amid headlines hinting astatine a cooling relations betwixt the high-profile AI players.

  Market attraction present turns to chipmaker AMD's (AMD) after-hours net report, which could supply the champion look yet astatine the AI commercialized amid those fears of Big Tech overspending and an AI bubble, and updates from Amazon (AMZN) and Alphabet (GOOG) aboriginal this week.

  Gold (GC=F), metallic (SI=F), copper (HG=F), and crude lipid (CL=F, BZ=F) each picked up done Tuesday greeting successful a reversal to the large commodities sell-off connected Monday.

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  Disney names parks main Josh D'Amaro arsenic CEO, replaces Bob Iger

  Walt Disney (DIS) named parks part main Josh D'Amaro arsenic the company's adjacent CEO, succeeding long-time person Bob Iger. Shares ticked up by much than 1% successful premarket trading connected the news.

  D'Amaro has led Disney's parks and cruise businesses — which run nether the company's Experiences portion — since 2020. He joined Disney successful 1998.

  D'Amaro volition regenerate Iger connected March 18, according to Disney's connection connected Tuesday morning. Iger, who has efficaciously been astatine the helm of Disney since 2005, volition stay connected Disney's committee done the extremity of the year.

  Iger stepped down from the CEO relation successful February 2020 to beryllium replaced by Bob Chapek, but helium was reappointed arsenic CEO successful November 2022 aft Chapek was ousted from the company.

  As portion of the enforcement move, Dana Walden, co-chair of Disney Entertainment alongside D'Amaro, has been named Disney's president and main originative officer, the institution said.

  The determination by Disney to name D'Amaro to the main enforcement relation caps disconnected years-long speculation implicit which of Iger's apical deputies would beryllium tapped to pb 1 of the largest amusement companies successful the world.

  Read the breaking quality story.

• AMD to study Q4 net amid AI spending concerns

  Yahoo Finance's Daniel Howley previews what to ticker erstwhile chipmaker AMD (AMD) posts its 4th fourth results aft the marketplace close.

  He writes:

  Read much here.

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  PayPal banal sinks aft forecasting 2026 nett beneath estimates

  PayPal (PYPL) banal fell 15% earlier the doorbell connected Tuesday aft issuing a disappointing nett forecast for 2026 and reporting 4th fourth net beneath Wall Street estimates. The online outgo institution said it had been pressured by weaker US retail spending and dilatory maturation wrong its branded checkout segment.

  The radical besides named HP's (HP) Enrique Lores arsenic president and CEO, effectual ‌March 1.

  NasdaqGS - Nasdaq Real Time Price • USD

  42.12 -10.22 (-19.52%)

  As of 12:49:59 PM EST. Market Open.

  Reuters reports:

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  AES rises arsenic BlackRock's Global Infrastructure Partners squad up with EQT successful bid to get powerfulness steadfast

  AES Corp (AES) banal jumped 7% earlier the doorbell connected Tuesday aft BlackRock Inc.’s (BLK) Global Infrastructure Partners said beryllium teaming up with EQT AB (6EQ.F, EQBBF) successful its bid to bargain the powerfulness company.

  Bloomberg News reports:

  Read much here.

• Silver’s runaway rally becomes ‘death trap’ for Reddit’s retail crowd

  Silver (SI=F) is surging astir 13% successful premarket hours, bouncing backmost again arsenic precious metals whipsaw aft hitting the brakes connected a historical tally higher.

  But the translation from grounds rally to brutal three-day rout has near traders stunned, battering the retail investors who powered its spectacular rise, per the Financial Times.

  The FT reports:

  COMEX - Delayed Quote • USD

  85.18 +8.17 (+10.60%)

  As of 12:40:04 PM EST. Market Open.

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• Samsung’s champion time since 2008 powers S. Korean banal rally

  Bloomberg reports:

  A planetary unreserved to unafraid representation chips for artificial quality is powering a renewed surge successful South Korean equities, with chipmakers starring a rebound that pushed the Kospi (^KS11) to a caller grounds connected Tuesday.

  Samsung Electronics Co (005930.KS) shares jumped 11% connected Korea Exchange, the astir since 2008, portion SK Hynix Inc. (000660.KS, HXSCL) added much than 9%. Both stocks recouped losses from the erstwhile session.

  The benchmark Kospi climbed astir 7%, extending its summation for the twelvemonth to 25% and solidifying its presumption arsenic the world’s best-performing equity index.

  Up much than 39% each this year, the spot duo person continued to acceptable caller records arsenic investors clasp AI’s voracious request for representation chips. Despite the torrid gains, fewer analysts spot them arsenic costly acknowledgment to beardown net momentum and still-reasonable valuations.

  “The structural shortage successful representation chips makes the continued maturation of Samsung and SK Hynix inevitable,” said Kim Namho, a money manager astatine Timefolio Investment Management successful Seoul.

  Read much here.

• NXP banal falls contempt net bushed arsenic Automotive maturation stabilizes

  NXP Semiconductors (NXPI) banal skidded implicit 5% little successful premarket hours aft the semiconductor company's Automotive gross failed to impressment investors.

  In the 4th quarter, NXP reported adjusted profits of $3.35 per share, surpassing Wall Street estimates for adjusted net of $3.31 per share. The institution posted gross of $3.34 billion, somewhat supra expectations for $3.3 billion.

  "Throughout 2025, we executed efficaciously contempt a challenging archetypal half, maintaining operational subject portion advancing our strategical priorities successful bundle defined vehicles and carnal AI," NXP's CEO Rafael Sotomayor said.

  Revenue maturation for NXP's Automotive segment, which contributes implicit fractional of NXP's full revenue, moderated to a 5% yearly complaint from the 3rd quarter's 6% growth. The conception brought successful $1.8 cardinal successful Q4, which came successful a spot lighter than expectations for $1.9 billion.

  The Industrial and Internet of Things portion reported 24% yearly gross maturation ($640 million), the Mobile portion reported 22% gross maturation ($485 million), and Communication Infrastructure declined by 18% twelvemonth implicit twelvemonth ($334 million).

  For the archetypal quarter, NXP forecast gross of $3.15 cardinal astatine the midpoint and diluted net per stock of $4.21, which were up of the Street's estimates for $3.09 cardinal successful gross and $2.95 per share, according to S&P Global Market Intelligence.

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  Premarket trending tickers: Intel, Sandisk, Micron, AMD, and Alibaba

  Intel (INTC) banal roseate astir 3% earlier the doorbell connected Tuesday pursuing the quality that a subsidiary of Softbank (SFTBY, 9984.T), Saimemory, had signed a concern woody with the US chipmaker. The statement volition assistance beforehand the commercialization of next-generation representation technology, according to an announcement from the companies.

  Sandisk (SNDK) banal roseate 4% during premarket hours aft Bernstein SocGen raised its terms people connected the exertion institution to $1,000 from $580 and maintained an Outperform rating, citing the company's affirmative second-quarter net report.

  Micron (MU) banal edged higher earlier the doorbell connected Tuesday, climbing 2% aft launching a $24 cardinal high-tech retention installation successful Singapore to enactment its AI initiatives.

  AMD (AMD) roseate 2% during premarket hours connected Tuesday. The spot institution is preparing to study its 4th fourth net today. AMD banal has been up 10% implicit the past period and risen 14% twelvemonth to date.

  Alibaba's (BABA) US shares dipped 2% earlier the doorbell contiguous pursuing a merchantability disconnected successful Chinese exertion stocks owed to concerns astir authorities placing a taxation connected net firms.

• Palantir banal jumps aft Q4 net bushed connected beardown income to US businesses

  Palantir banal (PLTR) surged astir 12% successful premarket trading aft its precocious Monday net report, arsenic US commercialized and authorities gross drove better-than-expected net successful the 4th quarter.

  NasdaqGS - Nasdaq Real Time Price • USD

  159.61 +11.84 (+8.01%)

  As of 12:50:03 PM EST. Market Open.

  Yahoo Finance's Laura Bratton reports:

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• Gold climbs again aft grounds breaking rally ends

  Bloomberg reports:

  COMEX - Delayed Quote • USD

  4,971.90 +319.30 (+6.86%)

  As of 12:40:04 PM EST. Market Open.

  Read much here.

• TDK shares emergence aft issuing beardown nett forecast

  Bloomberg reports:

  Read much here.