Stock Market Daily

TOP NEWS Meta, Google lose US case over social media harm to youth Trump names Nvidia, Meta CEOs to science and tech council Arm shares rally as new AI chip to drive billions in annual revenue US Supreme Court backs Cox in fight over pirated music Meta is laying off hundreds of employees MARKET RECAP AT 4 pm ET Wall Street closed higher as Treasury yields fell Iran reviewing U.S. proposal for de-escalation Gold prices rose, buoyed by a drop in oil prices Dollar extended gains as traders assessed central bank rates

Here's a summary of the trading day: Market Recap: The trader made two trades today: one loser on UGRO and one winner on QNRX. Lost $4,400 on UGRO, a stock where the trader previously made $7,600, expressing frustration about "giving back" profits on a continuation setup. Gained $4,500 on QNRX, a biotech stock with breaking news, despite an initial pullback and holding through volatility. After accounting for approximately $170 in fees and commissions, the net P&L for the day was a loss of $96. Trading Environment: The market is described as "cold," with fewer good quality setups. The trader advises patience and not "fighting" a cold market, as it tends to lead to larger losses. For seasoned traders, a cold market doesn't question their strategy, but for beginners, it can be scary, leading to self-doubt. The market is cyclical, with hot and cold stretches always returning. Beginners are advised to focus on "the right stocks...

Here's a summary of the trading day: Market Recap: The trader had two trades: one winner and one loser, resulting in a net loss of approximately $96 after fees and commissions. UGRO (Loser): Lost $4,400 today, adding to a $2,200 loss yesterday. This stock was a continuation setup from a previous winning trade on Monday ($7,600 profit). The trader attempted to buy a breakout over the 200 moving average and resistance at $8.50, but the stock rejected and flushed down after hitting $8.55. QNRX (Winner): Gained $4,500. This biotech stock had breaking news and the trader was familiar with it. The trader bought into a squeeze, adding positions from $10.62 up to $11. The stock hit a high of $11.42, pulled back significantly, but then bounced back to $11.50 where the trader exited with a profit. The stock later rolled over significantly, ending the day down. Fees and commissions were approximately $170 for 22 tickets and 80,000 shares traded, offsetting the gross profit and leadin...

TOP NEWS SpaceX aims to file for IPO as soon as this week. Meta ordered to pay $375 million in New Mexico trial over child exploitation and user safety claims. US ramps up fuel exports to Cuba's private sector. US judge says Pentagon's blacklisting of Anthropic looks like punishment for its AI safety views. OpenAI drops AI video tool Sora, startling Disney and ending a potential $1 billion deal. BEFORE THE BELL U.S. stock index futures climbed on reports of a potential U.S.-Iran ceasefire. Gold extended gains, supported by a softer dollar and a 4% drop in oil prices. European shares rose more than 1%. Asian markets also rose, with Chinese, Hong Kong, and Japan's Nikkei stocks advancing. STOCKS TO WATCH Arm Holdings PLC : U.S.-listed shares jumped nearly 12% after projecting $15 billion in annual revenue from its new AI data-center chip in about five years. GameStop Corp : Reported a 14% drop in fourth-quarter revenue, struggling with digital shift; signed ...

The day presented a mixed bag of earnings results and guidance. Guidance and Results: Braze (BRZE) missed earnings expectations but revenue grew and beat estimates. Q1 and FY guidance were mixed. AAR Corp. (AIR) provided positive revenue guidance for the fourth quarter. MaxCyte (MXCT) issued negative revenue guidance for 2026. Other companies showed mixed guidance, with some like Paysign (PAYS), Spectral AI (MDAI), and Blaize (BZAI) seeing revenue above estimates. Several companies, including Hesai (HSAI), TELA Bio (TELA), Medtronic (MDT), KB Home (KBH), and Core & Main (CNM), gave revenue or earnings guidance below estimates. Concentrix (CNXC) gave Q2 guidance below estimates but reaffirmed for the full year. Top Surprises: Positive Surprise: NRx Pharmaceuticals (NRXP) significantly beat consensus earnings estimates by 311.11%, reporting a profit instead of a loss, though revenue missed. Negative Surprise:...

Market Snapshot Dow: 46122.95, down 84.41 (-0.18%) Nasdaq: 21761.90, down 184.87 (-0.84%) SP 500: 6558.36, down 24.63 (-0.37%) NYSE: Advancers 1360, Decliners 1394, Volume 1.41 bln Nasdaq: Advancers 1864, Decliners 2883, Volume 8.55 bln Industry Watch Strong: Energy, Utilities, Consumer Staples, Materials, Financials, Industrials Weak: Communication Services, Information Technology, Consumer Discretionary, Real Estate Moving the Market Oil rebounds off of yesterday's lows Iran continues to deny involvement in negotiations with the U.S., though contact via mediators was reported Weakness across mega-cap stocks; broader market mostly higher Market Summary Major U.S. averages (S&P 500, Nasdaq, DJIA) finished lower. Geopolitical developments in the Middle East, rising yields, and a rebound in oil prices weighed on sentiment. Weakness in mega-cap stocks prevented a sustained market recovery, despite broader market participation. Oil prices rebounded +4.7...

TOP NEWS Ares capped investor withdrawals at a private credit fund after a surge in redemption requests. United Airlines is investing in premium travel and cabin upgrades, despite high fuel costs, while planning to trim some flights. Broadcom noted supply chain constraints and TSMC capacity limits due to soaring AI chip demand. Arm unveiled a new AI data center chip, expecting billions in annual revenue and a strategic shift. Dollar General named Jerry Fleeman Jr. as its new CEO, replacing Todd Vasos, to steady the business. MARKET RECAP AT 4 pm ET Wall Street closed lower; oil rallied as Middle East conflict concerns persisted. Treasury yields rose after a weak two-year note auction. The dollar strengthened, putting pressure on gold prices.