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Live Stock Financial Podcast. What are you watching on the market?
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Live Stock: Market Falls, Jobs Data Looks Healthy, Inflation Expectations Climb

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Kevin Travers joined discussion · Feb 7 23:59
Live Stock: Market Falls, Jobs Data Looks Healthy, Inflation Expectations Climb
Happy Friday, investors, February 7th, the doorway to the weekend. The market is decisively falling Friday morning, as earnings ended for the week and macro data showed some signs of consumer hurt. One inflation reading hit the highest I have seen since 2023! What does it mean for investing? To find out, let's look at Live Stock news:
$Affirm Holdings (AFRM.US)$ climbed 21% after the BNPL firm reported 23c a share in profit for the past quarter when Wall Street expected a loss.
$Pinterest (PINS.US)$ beat estimates on revenue, showing sales climbed 17% in a year. The stock flew 17%, and the firm said it expects Q1 2025 revenue of up to $853 million topping estimates calling for at least $835 million. Of course, they also said their AI shopping tools would be great.
$Amazon (AMZN.US)$ fell 3% after the firm reported Q4 adj. earnings that beat, and surpassed $Walmart (WMT.US)$'s expected revenue for the first time, at $187 billion. The firm's advertising, third-party seller, and AWS segments missed estimates and AMZN projected lower Q1 revenue numbers than Wall Street expected, predicting $155 billion at most this quarter, while analysts wanted $158 billion.
Elsewhere in the economy,   $Crude Oil Futures(MAY5) (CLmain.US)$ remained at $71/barrel. Gold hit another all time high, treasuries climbed.  $Bitcoin (BTC.CC)$ hovered at $96,000.
Live Stock: Market Falls, Jobs Data Looks Healthy, Inflation Expectations Climb
Overall, markets fell. Just past 11:35 am ET the     $S&P 500 Index (.SPX.US)$ traded down 0.62%, or 62 bips, the         $Dow Jones Industrial Average (.DJI.US)$ fell 0.59%, and the     $Nasdaq Composite Index (.IXIC.US)$ fell 1.13%.
Macroeconomic news might have swayed the market as jobs and unemployment data came in. The economy added 143,000 jobs in January, according to the BLS, which was low, but November and December jobs reports were both revised upward a total of 100k jobs, and the unemployment rate lowered to just 4%.
The really upsetting number was Michigan Consumer Sentiment inflation expectations. Respondents said they thought inflation in ne year would reach 4.3%, the highest in two years: All this talk of tariffs and budgets sounds familiar to the last time inflation started to spike up.
Yesterday, users were rightfully pissed that AMZN fell after reporting a revenue beat and became the largest revenue maker in retail.
Traders, what do you think? What are you watching on the stock market today? What is the herd following? Let me know in the comments below! $S&P 500 (LIST91326.US)$
Want to keep up to date with the market and all its feelings-driven swings, all in under three minutes? Click here to follow the Live Stock Podcast topic. Comment below or in the hot topic for a chance to appear on the podcast! I want to talk about what you are investing in!
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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office. Fmr CNBC contributor, reporter/investor/trader Posts do not represent mm
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