Live Nasdaq Composite: Markets See Glass Half Full in Whipsaw Week
Quick Read
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Amazon lost $450B in market cap during its recent rout while earmarking $200M in AI capital spending this year.
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Palo Alto Networks fell 9.1% after earnings on weak guidance.
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Nvidia sold over 1 million ARM Holdings shares and reduced positions in Applied Digital and WeRide.
Live Updates
SNAP Rally
Snap (NYSE: SNAP) stock is rising 3.5% today after revealing its direct revenue clinched the $1 billion annualized run-rate threshold, powered by soaring subscriptions that surpassed the 25 million level.
Oil Price Soars
The price of WTI oil has risen to above $64/barrel while Brent Crude is touching on $70/barrel after VP Vance addressed heighted tensions with Iran, introducing the possibility of military strikes. Chevron (NYSE: CVX) stock is up 1.1%.
Industrial Production
U.S. industrial production surprised to the upside in January, rising 0.7%, surpassing forecasts of 0.4% as well as December’s 0.2% increase, extending a three-month positive trend and signaling robust output. Manufacturing, a key gauge for core goods prices, climbed 0.6%, also came in higher than economist estimates compared with a flat reading at year-end 2025. Capacity utilization climbed higher to 76.2%.
This article will be updated throughout the day, so check back often for more daily updates.
The markets are exhibiting optimism today, with all three of the major stock market averages trading higher out of the gate. Big Tech names including Nvidia (Nasdaq: NVDA | NVDA Price Prediction) and ASML (Nasdaq: ASML) are looking to reclaim lost territory, with gains of over 1% each, but Advanced Micro Devices (Nasdaq; AMD) is extending its losses, down 3% today alone.
After announcing its relocation from Denver, Colorado to Miami, Florida, government-focused AI-platform Palantir Technologies (Nasdaq: PLTR) is tacking on 1.7% in today’s session to back above the $135-per-share threshold.
Here’s a look at where things stand as of morning trading:
Dow Jones Industrial Average: 49,743.50 Up 210.31 (+0.42%)
Nasdaq Composite: 22,693,29 Up 110.81 (+0.49%)
S&P 500: 6,870.97 Up 27.75 (+0.42%)
Market Movers
Amazon (Nasdaq: AMZN) stock has wiped out $450 billion in market capitalization throughout its latest rout as the company braces for a massive AI spending spree, earmarking $200 million in capex this year. Today the stock is attempting to reclaim lost ground, rising 1.1% to back above the $200-per-share level.
The latest SEC filings reveal a shuffling of holdings amongst the biggest names. Among them, Nvidia has unloaded over 1 million shares of industry peer Arm Holdings (Nasdaq: ARM). But ARM stock is taking it in stride, rising 1.4% today. Meta Platforms is scooping up billions of dollars worth of chips from Nvidia.
Nvidia has been on a selling spree, also shedding shares of of Applied Digital (Nasdaq; APLD), down 3.6% today, and WeRide (Nasdaq: WRD), which is spiraling by 2% in response.
Some of today’s biggest losers include Palo Alto Networks (Nasdaq: PANW), down 9.1% on the heels of its earnings print amid weak guidance, and Datadog (Nasdaq: DDOG), which is shaving 3.4% off its value today.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
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