Wall Street indices decline slightly under pressure from falling BigTech stock prices; Microsoft drops 1.5% ahead of an earnings report, while Nvidia loses 4%.
- Apple shares retreat 1% following Oppenheimer's downgrade from Outperform to Perform and Nvidia slides 4% despite slightly better sentiments across the semiconductor sector
- Stocks of Automatic Data Processing (ADP.US), T-Mobile US (TMU.US), F5 Inc (F5.US), and Arista Networks (ANET.US) are gaining.
- U.S. wholesale inventories fell by -0.5% m/m, compared to the forecasted 0.2% m/m increase and the previous -0.2% decline. The U.S. trade deficit came in significantly higher than expected (-$122 billion vs. -$101 billion forecast).
- The Federal Reserve will announce its interest rate decision at 8:00 PM, followed by Jerome Powell's press conference at 8:30 PM.
- Trump reaffirmed February 1st as the start date for 25% tariffs on Canada and Mexico. The U.S. dollar strengthens, while 10-year U.S. Treasury yields decline slightly by 2 basis points to 4.52%.
Today's stock market sentiment suggests a slight cooling of enthusiasm, particularly around large-cap tech stocks.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app- Chinese stocks, including Alibaba (BABA.US), extend their upward momentum after the company announced it had developed an AI model that surpasses DeepSeek's capabilities.
- Tests on China's DeepSeek indicated relatively low accuracy compared to 'Western' AI models.
- Bitcoin's price increased slightly following news that Trump Media & Technology (DJT.US) will transfer its funds into ETFs and cryptocurrencies.
- The company also announced the launch of TRUTH.FI, a fintech and blockchain-related brand.
Source: xStation5
US500 (M15 Timeframe)
Source: xStation5
Apple Downgrade Details
Oppenheimer cut its fiscal year 2026 (calendar year 2025) EPS forecast for Apple by 4%, lowering it to $7.95, compared to the previous consensus of $8.23.
- Analysts stated that the revision reflects lower iPhone sales forecasts over the next 12ā18 months, citing growing competition in China and a lack of AI-driven features to stimulate device upgrades.
- Given slowing iPhone sales and Appleās high valuation, analysts perceive a high risk of failing to meet market expectations.
Apple shars defended a major support zone at EMA200, near $220 per share.
Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the clientās needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any clientās actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
