WS #13491
Strong beats from SNDK, WDC, MELI, XYZ, EBAY, MSI, MCK, SOLV, FIG; misses from DUOL, BMBL, TLN, APP; high volatility in after-hours trading. Fed Governor Cook signals readiness to raise rates if disinflation does not return, corroborating prior hawkish signals and pressuring growth stocks. GOOGL falls to correction territory as top AI researchers, including Jeff Dean, reportedly leave to launch a startup, compounding AI leadership shakeup.
Earnings Season Beats and Misses
Strong beats from SNDK, WDC, MELI, XYZ, EBAY, MSI, MCK, SOLV, FIG; misses from DUOL, BMBL, TLN, APP; high volatility in after-hours trading.
Fed Governor Cook signals readiness to raise rates if disinflation does not return, corroborating prior hawkish signals and pressuring growth stocks.
GOOGL falls to correction territory as top AI researchers, including Jeff Dean, reportedly leave to launch a startup, compounding AI leadership shakeup.