Shenzhen - Delayed Quote • CNY Caina Technology Co., Ltd. (301122.SZ) Follow Compare 19.30 +0.22 +(1.15%) As of 9:42:01 AM GMT+8. Market Open. Related News Trump addresses Davos, American Airlines earnings: What to Watch Market Domination Overtime anchors Julie Hyman and Josh Lipton preview key market events for Thursday, January 23. President Trump will virtually address the global leaders attending the 2025 World Economic Forum in Davos, Switzerland. He is expected to speak at 11 am ET. The earnings calendar features pre-market releases from GE Aerospace (GE), American Airlines (AAL), Alaska Airlines (AAL), and Union Pacific (UNP). After the closing bell, investors will analyze results from semiconductor giant Texas Instruments (TXN) and railroad operator CSX (CSX). On the economic calendar, a new weekly initial jobless claims will be released, with investors expecting a figure of 220,000. Additionally, new mortgage rate data will offer a fresh perspective on the housing market's trajectory. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle, OpenAI and SoftBank. Stocks surge at the open on tech sector strength, earnings All three of the major indexes (^DJI,^GSPC, ^IXIC) jumped at the open. Investors are cheering strong earnings results from Netflix (NFLX), United Airlines (UAL), and Procter & Gamble (PG). Tech stocks are also getting a boost from a new plan from President Trump to boost AI infrastructure in the Untied States. Morning Brief Anchor Seana Smith and Markets and Data Editor Jared Blikre break down the action at the open. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich. Stock market today: Dow gains 500 points, stocks close near records as Trump holds off on tariffs Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration. Dow Jones Futures: S&P 500 Hits High As AI Stocks Run On Trump's 'Stargate' Project The S&P 500 hit a record Wednesday as AI stocks rallied after President Donald Trump announced a $500 billion Stargate project. Kinder Morgan (KMI) Q4 2024 Earnings Call Transcript KMI earnings call for the period ending December 31, 2024. Alaska Air Group reports fourth quarter and full year 2024 results Alaska Air Group Inc. (NYSE: ALK) today reported financial results for the fourth quarter and full year ended December 31, 2024. SK Hynix Dips After Record Profit Misses Lofty Expectations (Bloomberg) -- SK Hynix Inc.’s shares slid 4.7% after its record quarterly profit and modest capex plans failed to impress investors betting on insatiable AI demand for advanced memory chips.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead on /C O R R E C T I O N -- SK hynix Inc./ SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded best-ever yearly performance with 66.1930 trillion won in revenues, 23.4673 trillion won in operating profit (with an operating margin of 35%), and 19.7969 trillion won in net profit (with a net margin of 30%). Alaska Air Group (ALK) Q4 Earnings and Revenues Beat Estimates Alaska Air (ALK) delivered earnings and revenue surprises of 106.38% and 0.64%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Alcoa (AA) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Alcoa (AA) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. Alaska Air: Q4 Earnings Snapshot The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. The airline posted revenue of $3.53 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.51 billion. SK Hynix posts record quarterly profit surpassing Samsung on AI boom SEOUL (Reuters) -South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung. Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, dropped 4% on Thursday as the company warned of steeper price declines in commodity memory chips used in smartphones and computers, due to slowing demand and growing competition from Chinese rivals. Before the result, SK Hynix shares had jumped about 30% so far this year on bullish sentiment driven by its business discussions with Nvidia, outperforming Samsung, whose shares rose 2% over the same period. Cathie Wood Dumps Sam Altman's Surging Nuclear Startup; Buys Key Uranium Player Cathie Wood and her Ark Invest funds sold Oklo — the nuclear power startup backed by OpenAI head Sam Altman — and purchased uranium refiner Cameco on Tuesday ahead of President Donald Trump's announcement of a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence. Alaska Air beats Q4 profit estimates, sees smaller Q1 loss on robust travel demand Alaska Air Group on Wednesday topped Wall Street estimates for fourth-quarter profit and forecast a smaller-than-expected loss for the current quarter, driven by strong holiday and corporate travel demand as well as improved pricing power. Alaska, which completed the acquisition of peer Hawaiian in September, cited sustained leisure demand, an uptick in corporate travel, and mild winter weather, for its higher revenue during the holiday quarter. "Overall revenue trends continued to be really, really strong across pretty much the entire network," Chief Financial Officer Shane Tackett said in an interview. Discover Financial fourth-quarter profit jumps on lower loan loss provisions The Federal Reserve's decision to lower interest rates and hopes of a soft landing for the economy helped ease lenders' concerns about potential credit defaults in 2025. Discover's provision for credit losses fell to $1.20 billion in the quarter ended Dec. 31 from about $1.91 billion in the year-ago period. Riverwoods, Illinois-based Discover recorded net interest income of $3.63 billion for the fourth quarter, up nearly 4.7% from the same quarter last year. Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion. Kinder Morgan (KMI) Q4 Earnings and Revenues Lag Estimates Kinder Morgan (KMI) delivered earnings and revenue surprises of -3.03% and 1.32%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Electronic Arts slumps in afterhours after guidance cut Investing.com -- Electronic Arts slumped in afterhours trading Wednesday after the video game maker cut its bookings guidance for the thid quarter and the full year following weaker demand for its soccer franchise, EA Sports FC and role-playing game Dragon Age. Netflix Rally Helps Boost S&P 500, Nasdaq US benchmark equity indexes closed higher Wednesday, with the S&P 500 and the Nasdaq Composite getti Performance Overview Trailing total returns as of 1/23/2025, which may include dividends or other distributions. Benchmark is SSE Composite Index Return 301122.SZ SSE Composite Index YTD -7.66% -4.13% 1-Year -30.95% +18.51% 3-Year -61.98% -7.27%