Core Insights - Alphabet's shares experienced a significant decline due to weaker-than-expected cloud revenue overshadowing better-than-expected fourth-quarter earnings [2][11] - The company plans to invest approximately $75 billion in capital expenditures in 2025, primarily focused on expanding artificial intelligence infrastructure, which raised investor concerns regarding the timing of returns on this investment [2][3] Financial Performance - Despite the recent drop, Alphabet's stock has increased by 33% over the past 12 months, outperforming the S&P 500 during the same period [3] - The stock fell nearly 8% to around $190 in late trading following the earnings report [3][11] Technical Analysis - Alphabet shares had been trading in a narrow ascending channel for seven weeks before breaking out above this pattern [5] - The relative strength index (RSI) crossed above the 60 threshold prior to the earnings report, indicating bullish momentum [5] Support and Resistance Levels - Key support levels to monitor include $190, $180, $168, and $160, with $190 being a critical level due to its alignment with the ascending channel's lower trendline and the 50-day moving average [7][11] - A failure to maintain the $190 level could lead to a decline towards $180, where buying interest may emerge [7] - The $201 area is identified as a crucial overhead level to watch for potential recovery efforts [11][12]

Key TakeawaysAdvanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market. However, some called the selloff an overreaction, pointing to the strength of the company's client CPU segment.  Advanced Micro Devices (AMD) shares plunged Wednesday and several analysts dropped their price targets after the chipmaker’s data center sales missed expectations.  Bank of America ...

Core Insights - Alphabet's shares fell nearly 8% amid concerns over weaker-than-expected cloud growth and increased spending on AI [2][6] - The company plans to invest up to $75 billion in capital expenditures this year, exceeding Wall Street's expectations by $15 billion [3] - Analysts have lowered their price targets for Alphabet, with UBS reducing it from $211 to $191 and JPMorgan from $232 to $220, citing the need for new products to justify the higher investment [3][4] Investment and Growth Potential - Despite the concerns, some analysts believe that the increased investment in AI could enhance growth by expanding Alphabet's cloud capacity [5] - Bank of America maintains a "buy" rating and a price target of $225, suggesting that Wall Street may be underestimating the benefits of AI for Google Search monetization in 2025 [5] - The lower price targets come in the context of competition from Chinese AI startup DeepSeek, which claims to develop AI models at a fraction of the cost of American firms [4]

Key TakeawaysJohnson Controls shares led the S&P 500's gainers Wednesday morning after the company's first-quarter results beat expectations.The company's revenue and profits rose year-over-year, and its outlook for second-quarter and full-year earnings also topped estimates.The industrial manufacturer also announced Joakim Weidemanis as its new CEO, who will take over the top job in March. Shares of Johnson Controls International (JCI) surged to lead S&P 500 gainers on Wednesday morning after the company's ...

Key TakeawaysChipotle Mexican Grill shares fell Wednesday, a day after it missed revenue and same-store sales estimates, and tried to downplay concerns about the effects of possible U.S. tariffs.The Mexican fast-casual restaurant chain's sales got a boost from the addition of 119 new locations in the quarter.Chipotle said if the tariffs are put into effect, it would impact cost of sales by 60 basis points. Shares of Chipotle Mexican Grill (CMG) slipped Wednesday, a day after the Mexican fast-casual restaura ...

Core Insights - Mattel's shares rose over 12% in premarket trading following the announcement of plans to mitigate tariff threats and a positive sales forecast for 2025 [2][6] - The company expects 2025 net sales to grow by 2% to 3% compared to a 1.1% decline in 2024 sales, with adjusted EPS guidance between $1.66 and $1.72 [2][3] Tariff Mitigation Strategies - Mattel plans to leverage its supply chain and implement price increases to counteract the impact of new U.S. tariffs on imports from China, Mexico, and Canada [3][6] - UBS analysts noted that the guidance for EPS growth despite tariffs was unexpected, suggesting that Mattel may shift some production out of China and optimize its supply chain [4][6] Production and Sales Performance - The company sources toys from seven countries, with China expected to account for less than 40% of production this year, and no single country projected to exceed 25% of total global production by 2027 [5] - In the fourth quarter, Mattel reported a 2% year-over-year increase in net sales to $1.65 billion and adjusted EPS of 35 cents, surpassing consensus estimates [5]

Core Insights - Uber Technologies reported a net income of $6.88 billion, or $3.21 per share, on revenue of $11.96 billion, significantly exceeding analysts' revenue expectations of $11.76 billion but falling short on profit estimates [1][2] - The company's operating income of $770 million was well below the expected $1.21 billion, leading to a nearly 7% drop in shares following the report [2] - Gross bookings reached $44.2 billion with 3.07 billion trips, both figures surpassing analyst expectations, indicating strong operational performance despite the income miss [3] Financial Performance - Net income: $6.88 billion, or $3.21 per share [1] - Revenue: $11.96 billion, compared to expected $11.76 billion [1] - Operating income: $770 million, missing estimates of $1.21 billion [2] - Adjusted EBITDA: $1.84 billion, slightly below expectations [2] Operational Metrics - Gross bookings: $44.2 billion, exceeding the expected $43.48 billion [3] - Total trips: 3.07 billion, higher than the anticipated 3.02 billion [3] - Year-over-year trips growth: 18%, compared to 17% in the previous quarter [3]

Shares of The Walt Disney Co. (DIS) rose in premarket trading Wednesday after the entertainment giant reported fiscal 2025 first-quarter results above analysts' expectations. Disney posted net income of $2.55 billion, or $1.40 per share, on revenue of $24.69 billion. Analysts had expected $2.38 billion, or $1.31 per share, on revenue of $24.63 billion, per Visible Alpha. Disney's Direct-to-Consumer (DTC) business reported an operating profit of $293 million. The unit became profitable in the prior two quar ...

KEY TAKEAWAYSNovo Nordisk's U.S.-listed shares are rising 4% in premarket trading after the Ozempic and Wegovy maker's better-than-estimated quarterly results offset slower 2025 sales growth projections amid "intensifying competition."The Danish firm is projecting 2025 sales growth of 16% to 24% at constant exchange rates, below the 26% growth it produced in 2024.Novo Nordisk said it plans to file for the first regulatory approval for its weight-loss drug CagriSema during the first quarter of 2026. Novo Nor ...

Key TakeawaysAMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall Street estimates.The stock has trended sharply lower within a descending channel since falling below the 200-day moving average in October last year.Investors should watch major support levels on AMD's chart around $110, $95, and $81, while also monitoring a key overhead area near $130. Advanced Micro Devices (AMD) topped Wall Street’s fourth-quarter profit and revenue e ...