Happy Friday, investors! It's finally Friday,February 14th. It'sValentine's Day, and the market is so close to all-time highs that it's nearly within kissing distance. It was another long week of earnings and political news, but how did the market price it all in? Let's check theLive Stock Newsand find out!
–$SoundHound AI (SOUN.US)$fell a dramatic 28% after a Friday$NVIDIA (NVDA.US)$13F filing showed the AI chip giant cut its entire stake in the voice-based tech firm.
–$Arm Holdings (ARM.US)$shares also sank after the same filing showed Nvidia cut its stake by 44% to 1.1 million shares.
– Nvidia did buy a stake in$WeRide (WRD.US)$, which flew more than 80%.
–$Intel (INTC.US)$fell back 2% after a four-day winning streak that stillseesthe chip stock up 26%. It all started whenVice President JD Vancesaid American chip manufacturing would be the best in the world, and investors hope that means Intel and its new CEO will try to take center stage like it's the '80s again.
–$Coinbase (COIN.US)$fell back 7% after its earnings could not keep up with trading app rival$Robinhood (HOOD.US)$.
Elsewhere in the economy:
–$Crude Oil Futures (APR5) (CLmain.US)$held around $70/barrel, with no update about the conflict in Ukraine.
–Goldpulled back from nearly hitting all-time highs Thursday night.
–$Bitcoin (BTC.CC)$stayed near $97,000, a level it has floated around for about ten straight days.
Overall, the market was sideways Friday, with theS&P 500having kissed close to all-time highs. Just past1:40 pm ET, the:
–$S&P 500 Index (.SPX.US)$traded up 0.14%
–$Dow Jones Industrial Average (.DJI.US)$fell 0.15%
–$Nasdaq Composite Index (.IXIC.US)$climbed 0.34%
In macro: U.S. retail sales fell at the fastest rate in January as it has since last year, a seasonal post-Santa slump. Import and export priceindiceswere not much changed from expectations, but we will be watching both as Trump talks tariffs.
Traders, what do you think? What are you watching on the stock market today? What is the herd following? Let me know in the comments below!$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!
Disclaimer: This content is for informational use only and is not a recommendation or endorsement of any particular investment or strategy. Indexes are unmanaged and cannot be directly invested into. Investing involves risk and the potential to lose principal. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances, before making any investment decisions. Past performance does not indicate or guarantee future success. Moomoo makes no representation or warranty as to its adequacy, or timeliness for any particular purpose of the above content. The data and information provided has been obtained from sources considered to be reliable, but moomoo does not guarantee that the foregoing material is accurate or complete. See thelinkin the Moovers Community post for more information.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more