Nvidia, AMD stocks fall as new Biden export rules weigh on sector

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Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries

Caution reigns ahead of December's jobs report, which will shape bets on the chances of Fed rate cuts.

Yahoo Finance 5 hours ago

ES=F

^DJI

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Walgreens stock, the worst 2024 S&P 500 performer, starts 2025 strong

Walgreens (WBA) was the worst-performing stock in the S&P 500 (^GSPC) in 2024. The stock surged though after the pharmaceutical retailer released better-than-expected first quarter results. Morning Brief Anchor Seana Smith breaks down the company's journey, breaking down the company's bringing on a new CEO in 2023, corporate layoffs, and reports of going private. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 50 minutes ago

WBA
Walgreens turnaround strategy, sale of VillageMD boosts 2025 Q1

Walgreens is selling its stake in VillageMD as CEO Tim Wentworth moves ahead with his turnaround strategy.

Yahoo Finance 1 hour ago

WBA
Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh

The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.

Yahoo Finance 2 hours ago

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AMD

NVDA
Qualcomm CEO hints at future high-powered PC chips

Qualcomm CEO Cristiano Amon says the company will be targeting high-performance PCs and is looking at the graphics space.

Yahoo Finance 4 hours ago

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QCOM

NVDA
Why network airlines have an edge over budget carriers

Delta Air Lines (DAL) reported record revenue for 2024 and topped its fiscal fourth quarter earnings expectations. Citi managing director Stephen Trent joins Morning Brief to discuss the results and the broader airline industry. Trent notes that air travel preferences vary beyond first class and basic economy, creating "an ecosystem in between." He notes that network carriers like Delta have successfully capitalized on this middle market "in a way that discount carriers are not going to be able to do." Looking ahead, Trent identifies three key trends affecting the airline sector: major carriers' revenue growth will surpass that of low-cost competitors, inflation and interest rates will remain elevated, and oil (CL=F, BZ=F) prices will trend downward over time. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

Yahoo Finance Video 3 hours ago

DAL
Strong jobs report, but caution grows over earnings and rates

The US economy shows resilience with a strong jobs report, though investors are wary due to slow earnings growth and shifting rate expectations. Myles Udland, Head of News at Yahoo Finance, joins Morning Brief hosts Brad Smith and Seana Smith to discuss market reactions to the job report.  Watch the video above to hear more about investor concerns, earnings growth forecasts for 2025, and what the remaining year looks like for inflation, tariffs, and interest rates. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch

Yahoo Finance Video 3 hours ago

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^IXIC
Nvidia criticizes Biden's last minute chip export limits

Nvidia (NVDA) calls out the Biden Administration's ninth-hour chip export curbs just days ahead of President-elect Donald Trump's inauguration. Nvidia's vice president of government affairs says the chip export restrictions do "nothing" to protect national security but "push the world to alternative technologies." Morning Brief hosts Seana Smith and Brad Smith take a closer look at Biden's last-minute chip policy and the impact it has on Nvidia and other chipmakers. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 4 hours ago

NVDA
December jobs report shows unemployment fell to 4.1%, 256,000 jobs added to finish 2024 on high note

December's jobs report will be the final look at the labor market before the Federal Reserve announces its next interest rate decision on Jan. 31.

Yahoo Finance 5 hours ago

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^GSPC

SPY
Doublepoint launches free Apple Watch app to control devices with hand gestures

Finnish startup Doublepoint launched its free app, WowMouse, for the Apple Watch this week at CES 2025. The app uses the wearable's sensors, compass, and accelerometer to turn your hand into a mouse that can control devices through hand gestures. The Apple Watch already uses a similar technology for the double tap feature it released in 2023. The watch detects micro-movements in your wrist when you tap your thumb and index finger together, and registers it as a click on your device. Controlling

TechCrunch 23 hours ago

AAPL
Allstate Helping Southern California Customers, Communities Recover from Wildfires

NORTHBROOK, Ill., January 10, 2025--Allstate is supporting Southern California customers with their claims to help start their recovery from the wildfires. The Allstate Foundation has pledged two contributions totaling $750,000 to the American Red Cross and the Center for Disaster Philanthropy, strengthening these organizations’ ability to support communities affected by disasters.

Business Wire 32 minutes ago

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ALL-PI
S&P 500 Giant Soars 20% On $26 Billion Deal For Geothermal, Natural Gas Giant Calpine

Constellation Energy jumped Friday after announcing that it will buy Calpine, adding geothermal and more natural gas to its portfolio.

Investor's Business Daily 33 minutes ago

TLN

CEG

VST
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes

The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated that interest rate cuts may be postponed. Additionally, inflation remains a concern and is anticipated to stay high.

Quartz 35 minutes ago

DAL

^DJI
TikTok Ban Heard By Supreme Court. What It Means For Meta, Snap, Oracle Stock.

As TikTok heads to Supreme Court, analysts see Meta stock and Google as likely beneficiaries of a ban on the app.

Investor's Business Daily 37 minutes ago

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APP

SNAP
Meta to end diversity programs ahead of Trump inauguration

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday. The move comes in the run-up to U.S. President-elect Donald Trump's inauguration, as the company attempts to mend relations with the leader who has criticized its political content policies and threatened its CEO with imprisonment. "The legal and policy landscape surrounding diversity, equity and inclusion efforts in the United States is changing," Janelle Gale, Vice President of Human Resources at Meta, said in the memo, which was seen by Reuters.

Reuters 37 minutes ago

META
Equities Fall, Yields Soar Intraday After Jobs Data

US benchmark equity indexes were lower intraday, while Treasury yields surged as markets assessed of

PREMIUM
MT Newswires 43 minutes ago

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DIS

COMP
Why Snap (SNAP) Stock Is Up Today

Shares of social network Snapchat (NYSE: SNAP) jumped 8.5% in the morning session after social media stocks rose ahead of the Supreme Court's decision on the potential ban of TikTok in the United States. On January 19, 2025, a decision is expected to confirm if the social media platform owned by ByteDance would have to sell its TikTok assets, a move which could result in less competition for other players, including Snap.

StockStory 52 minutes ago

SNAP
Social media stocks Snap, Meta gain after Supreme Court hearing on TikTok

Shares in social media companies Snap Inc (NYSE:SNAP), Meta Platforms Inc (NASDAQ:META) rose after a Supreme Court hearing on Friday, signaling support for upholding a potential ban on TikTok in the United States.

Investing.com 53 minutes ago

SNAP

META
Winter Storm Hits US South, Halting More Than 3,000 Flights

(Bloomberg) -- A powerful winter storm sweeping the US South has grounded more than 3,000 flights, halted passenger trains and threatening the region with heavy snowfall.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’As of 1:46 p.m. New York

Bloomberg 59 minutes ago

DAL
Constellation Stock Is Having a Great—and Terrible—Friday

Constellation stock is up! No, it’s down! Wait, who’s right? Turns out, they both are.

Investopedia 1 hour ago

STZ

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Return	SOR.OL	OBX Total Return Index
YTD	+1.57%	+4.37%
1-Year	+50.36%	+16.48%
3-Year	+70.34%	+28.80%

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Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries

Walgreens stock, the worst 2024 S&P 500 performer, starts 2025 strong

Walgreens turnaround strategy, sale of VillageMD boosts 2025 Q1

Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh

Qualcomm CEO hints at future high-powered PC chips

Why network airlines have an edge over budget carriers

Strong jobs report, but caution grows over earnings and rates

Nvidia criticizes Biden's last minute chip export limits

December jobs report shows unemployment fell to 4.1%, 256,000 jobs added to finish 2024 on high note

Doublepoint launches free Apple Watch app to control devices with hand gestures

Allstate Helping Southern California Customers, Communities Recover from Wildfires

S&P 500 Giant Soars 20% On $26 Billion Deal For Geothermal, Natural Gas Giant Calpine

The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes

TikTok Ban Heard By Supreme Court. What It Means For Meta, Snap, Oracle Stock.

Meta to end diversity programs ahead of Trump inauguration

Equities Fall, Yields Soar Intraday After Jobs Data

Why Snap (SNAP) Stock Is Up Today

Social media stocks Snap, Meta gain after Supreme Court hearing on TikTok

Winter Storm Hits US South, Halting More Than 3,000 Flights

Constellation Stock Is Having a Great—and Terrible—Friday

Performance Overview