[music] [music] Hello and welcome to Market Domination Overtime. Stocks closing lower as investors rotate out of tech. Jared Blickery over at the Wi-Fi Interactive with today's moves.Jared, >> thank you Josh. A lot of rotation out of stuff today. I'll show you a couple places where it was rotating into.But first, the majors was not here. Dow down about 166 points or 1/3 of 1%. NASDAQ composite saw the brunt of the selling today.Tech was worse off worse off in the sector action by far. That closed down uh al ...

Core Insights - Chipotle Mexican Grill plans to increase menu prices by 1-2% this year, targeting its core consumer segment of digital natives earning over $100,000 annually [1][7] - The company aims to boost foot traffic and revenue amid weak comparable sales, focusing on its high-income customer base [1][7] Consumer Research - Chipotle conducted in-depth consumer research to refine its strategy, revealing that 60% of its core users have an average household income over $100,000 [2][3] - The core audience skews younger, is typically a digital native, and aligns with Chipotle's brand values of clean food and high protein [3] Financial Performance - Chipotle beat revenue estimates in 2025, despite a 1.7% decrease in comparable restaurant sales [7] - The company projects flat comparable sales for 2026, with plans to open 350 to 370 new restaurants [7] Market Dynamics - The broader restaurant segment is facing challenges due to a K-shaped economy, with lower-income consumers cutting back on dining out while higher-income households continue to spend [8][9] - Chipotle's new protein snack menu and limited-time offers have been successful in attracting customers, indicating that its core consumer is not particularly price-sensitive [9][10] Strategic Initiatives - The company is testing new ideas to retain customers, including more limited-time offers and drink innovations [10] - A "Happier Hour" deal is being considered to engage younger and lower-income customers, although its potential impact remains uncertain [10]

Market Overview - Market indexes experienced a decline, particularly in high-growth tech stocks, with the Dow closing down 166 points (-0.34%), the S&P 500 down -0.84%, and the Nasdaq down -1.43% [1] - The small-cap Russell 2000 managed a slight gain of 8 points (+0.31%) [1] Employment Data - December JOLTS numbers were not released due to delays from a government shutdown, impacting the start of "Jobs Week" [2] - The upcoming ADP private-sector payrolls are expected to show a slight increase of 45,000 job gains, up 4,000 from the previous month [2] Earnings Reports - Advanced Micro Devices (AMD) reported Q4 earnings of $1.53 per share, surpassing expectations of $1.32 and previous year's $1.09, with revenues of $10.3 billion exceeding the anticipated $9.67 billion [3] - AMD's reported figures included a one-time gain of $390 million from chips sold to China, leading to initial skepticism and a 6% drop in shares during late trading [4] - Amgen (AMGN) reported earnings of $5.29 per share, exceeding expectations of $4.76, with revenues of $9.8 billion above the consensus of $9.47 billion, and product sales rose by 7% [5] - Chipotle (CMG) reported earnings of 25 cents per share, slightly beating expectations, with revenues of $2.98 billion surpassing the consensus of $2.96 billion; however, full-year same-store sales declined by 1.7%, marking the first contraction in nearly a decade [6]

Market Overview - US stock futures experienced a downturn, particularly in the technology sector, as fears of AI disruption prompted a shift from high-growth tech stocks to value stocks [1] - Nasdaq 100 futures fell by 0.2%, while S&P 500 futures remained flat, and Dow Jones Industrial Average futures increased by 0.1% [1] Technology Sector Performance - The technology sector faced significant selling pressure, with Nvidia and Microsoft each closing over 2% lower, contributing to an overall loss of more than 2% in the S&P 500 tech sector [2] - Advanced Micro Devices (AMD) shares dropped more than 7% following a negative reaction to its first-quarter outlook [3] Earnings Reports and Reactions - Chipotle's stock fell nearly 7% after reporting a decline in customer traffic and warning of potential stagnation in same-store sales growth for 2026 [3] - Enphase Energy (ENPH) saw its stock soar by 20% in premarket trading after exceeding analysts' profit and revenue estimates, although it remains down almost 42% for the year [6] - Super Micro Computers (SMCI) stock jumped 11% after raising its annual revenue forecast due to strong demand for AI servers [4] Upcoming Earnings - Alphabet and Arm Holdings are set to report earnings, with Eli Lilly also highlighted, while Amazon is scheduled to release results on Thursday [4]

US stock futures wavered on Wednesday, though Wall Street found some calm after a tech-led slide amid a fresh wave of earnings, as Wall Street waited for Alphabet (GOOG, GOOGL) results to reveal its AI mojo. Dow Jones Industrial Average futures (YM=F) moved up roughly 0.2%, while S&P 500 futures (ES=F) put on 0.1% after swinging between small gains and losses. But contracts on the Nasdaq 100 (NQ=F) slipped 0.2% after tech stocks bore the brunt of the selling on Tuesday. Wall Street is trying to find its ...

US stock futures leaned higher on Wednesday, finding some calm after a tech-led slide as Wall Street waited for Alphabet (GOOG, GOOGL) earnings to provide a health check on AI spending. Dow Jones Industrial Average futures (YM=F) moved up roughly 0.3%, while S&P 500 futures (ES=F) also put on 0.3% after swinging between small gains and losses. Contracts on the Nasdaq 100 (NQ=F) nudged just into the green after tech stocks bore the brunt of the selling on Tuesday. Wall Street is finding its feet after AI ...

Market Overview - US stock futures showed a slight increase, with Dow Jones Industrial Average and S&P 500 futures both up approximately 0.3% and Nasdaq 100 futures rising by 0.2% as investors anticipated a funding deal to end the partial US government shutdown [1] Technology Sector Performance - The technology sector experienced significant selling pressure, with Nvidia and Microsoft each declining over 2%. Other AI-related companies such as Broadcom, Oracle, and Micron also saw losses, contributing to an overall decline of more than 2% in the S&P 500 tech sector [2] Company-Specific Developments - Chipotle's stock fell nearly 7% after reporting a decline in customer traffic and warning of potential stagnation in same-store sales growth by 2026 [3] - Advanced Micro Devices' shares dropped over 7% following a negative reaction to its first-quarter outlook [3] - Super Micro Computers' stock surged 11% after raising its annual revenue forecast, driven by strong demand for AI servers [4] - Enphase Energy's stock soared 20% in premarket trading after exceeding analysts' profit and revenue estimates, although it remains down nearly 42% for the year [6] - Chipotle's stock further declined by 5% in premarket trading after reporting a 2.5% drop in same-store sales for Q4 and projecting no sales growth for 2026 [7]

Market Overview - The S&P 500 is down 1.1%, indicating a risk-off sentiment across asset classes, while the Russell 2000 is down only 0.6%, suggesting a rotation trade favoring smaller companies [1] - Gold has rebounded by 5.6%, reflecting volatility in the metal space, while Bitcoin remains under pressure [1] - The AI sector has faced scrutiny, with major companies like NVIDIA and Microsoft experiencing declines, raising questions about the sustainability of AI-driven growth [1] Economic Impact of AI - The AI boom has significantly contributed to U.S. GDP growth, accounting for at least half of the growth rate in the first three quarters of the year, with projections suggesting it could swell to two-thirds of GDP by 2025 [1] - Investors are beginning to question the effectiveness of AI spending on company earnings, indicating a shift in sentiment towards more fundamental investments [1] Sector Performance - The software industry is experiencing a shift in investor sentiment, with concerns that companies heavily invested in AI may not deliver on promised returns, leading to a cautious outlook [3] - The healthcare and software sectors are identified as fast-growing areas, with private equity managers focusing on optimizing returns through NAV financing [3] Commodities and Metals - The commodities market, particularly gold and silver, is experiencing volatility, with gold being viewed as a diversification asset while silver is seen as more cyclical [2] - The recent increase in oil prices, driven by geopolitical tensions, has added complexity to the commodities landscape [2] Corporate Developments - USA Rare Earth Inc. has secured a $1.6 billion funding commitment as part of a broader $12 billion initiative to reduce reliance on Chinese minerals, with plans to begin metal production by 2027 and magnet production by 2028 [6] - Netflix is under scrutiny regarding its proposed acquisition of Warner Bros. Discovery, with concerns about potential monopolistic behavior in the streaming market [4]

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Chipotle Mexican Grill reported fourth quarter earnings results and, as expected, the fast-casual chain experienced another period of negative same-store sales (-2.5%), while full-year same-store sales were -1.7%. Further, traffic fell again (-3.2%), marking the chain's fourth straight quarter of lower guest counts. Notably, 2025 was Chipotle's first fiscal year same-store sales decline in more than 20 years, including ...

Chipotle (NYSE:CMG) Q4 2025 Earnings call February 03, 2026 04:30 PM ET Company ParticipantsAdam Rymer - CFOCindy Olsen - Head of Investor RelationsDanilo Gargiulo - BernsteinDavid Palmer - Senior Managing DirectorJohn Ivankoe - Managing Director and Head of the U.S. Restaurants Equity Research TeamScott Boatwright - CEOSharon Zackfia - Partner and Group Head of the Consumer SectorConference Call ParticipantsAndrew Charles - Managing Director and Equity Research AnalystBrian Mullan - Director and Senior Res ...