01 Stock Market
All three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by concerns that fresh tariff threats from President Donald Trump against Europe could signal renewed market volatility.
Dow Jones down 1.76% at 48,488.59; S&P 500 down 2.06% at 6,796.86; Nasdaq Composite down 2.39% at 22,954.32. Risk-off pressure hit growth and tech, with broad declines across mega-caps and semiconductors. We focus on unusual-move stocks and notable themes from intraday trading and the prior session.
Unusual-move stocks were led by sharp declines in mega-cap tech and semiconductors, while select memory and silver-linked ETFs rose. Nvidia (NVDA) down 4.38% at $178.07; Tesla (TSLA) down 4.17% at $419.25; Apple (AAPL) down 3.46% at $246.70; Alphabet (GOOG) down 2.48% at $322.16; Meta (META) down 2.60% at $604.12; Broadcom (AVGO) down 5.43% at $332.60; Oracle (ORCL) down 5.85% at $179.92. Intel (INTC) up 3.41% at $48.56; AMD (AMD) up 0.04% at $231.92; Micron (MU) up 0.62% at $365.00. Taiwan Semiconductor (TSM) down 4.45% at $327.16; United Microelectronics (UMC) up 15.91% at $10.78. SanDisk (SNDK) up 9.55% at $453.12; iShares Silver Trust (SLV) up 5.39% at $85.39; ProShares Ultra Silver (AGQ) up 10.74% at $269.28.
ETF movers underscored de-risking across momentum segments and semis. In broad exposure, Invesco QQQ (QQQ) down 2.12% at $608.06; SPDR S&P 500 (SPY) down 2.04% at $677.58. Leveraged plays showed amplified moves: ProShares UltraPro QQQ (TQQQ) down 6.30% at $50.73; Direxion Daily Semiconductor Bull 3X (SOXL) down 4.63% at $57.94. Among individual names, Amazon (AMZN) down 3.40% at $231.00; Microsoft (MSFT) down 1.16% at $454.52; Palantir (PLTR) down 1.42% at $168.53.
02 Other Markets
U.S. 10-year Treasury yield fell by 0.15%, latest at 4.29.
USD/CNH rose 0.00%, at 6.96; USD/HKD rose 0.00%, at 7.80.
U.S. Dollar Index fell 0.0172%, at 98.55.
WTI crude futures fell 0.98%, at 59.77 USD/bbl; COMEX gold futures rose 0.04%, at 4,767.70 USD/oz.
03 Top News
Netflix Slightly Beats Revenue Estimates in Holiday Quarter; Shares Slide Amid Bidding War for Warner Bros
Netflix squeaked past Wall Street's revenue estimates for its holiday quarter on Tuesday, as the streaming giant remains locked in a fierce bidding war for Warner Bros. Discovery, sending its shares down 5% in after-hours trading.
Revenue came in at $12.1 billion for October through December, modestly exceeding forecasts of $11.97 billion for the quarter, according to analysts surveyed by LSEG. The company also surpassed 325 million subscribers.
AppLovin Shares Slide as Short-Seller Alleges Global Money Laundering Ties
Shares of AppLovin Corporation fell 1% on Tuesday following a scathing report by short-seller CapitalWatch, which alleges the NASDAQ-listed software firm has become a "safe haven" for illicit funds. The report claims the company’s capital structure is deeply intertwined with a Southeast Asian money-laundering syndicate, moving billions of dollars in "black money" from Chinese Ponzi schemes and Cambodian fraud rings into U.S. markets.
The investigation focuses on AppLovin’s primary shareholder, Hao Tang, whom CapitalWatch describes as a "fugitive from Chinese justice" linked to the $36 billion collapse of the P2P platform Tuandai.com. Analysts at CapitalWatch allege that "every dollar of his equity is drenched in the blood and tears of victims of illegal fundraising."
Berkshire May Shed 27.5% Kraft Heinz Stake, Filing Shows
Berkshire Hathaway may shed its 27.5% stake in The Kraft Heinz Company, according to a regulatory filing, and exit a more than decade-old investment that did not work out for the conglomerate's Chairman Warren Buffett.
Kraft Heinz, whose products include Heinz ketchup and Oscar Mayer meats, on Tuesday filed a prospectus supplement with the U.S. Securities and Exchange Commission "to register the potential resale" by Berkshire of its 325.4 million share stake.
Sources: Reuters, Dow Jones, Tiger Newspress, public market data
Disclaimer: This content is for reference only and does not constitute investment advice.
