- Scott Peters
- 04 Feb, 2026
- New York City
Chipotle Mexican Grill Inc. dropped 6.6% to $36.60 after the fast-casual restaurant company reported weaker-than-expected quarterly results.
Same-store sales in the fourth quarter fell 2.5% and dropped 1.7% for the full year.
Revenue in the quarter rose 4.9% to $2.98 billion, net income decreased to $330.9 million from $331.8 million, and diluted earnings per share increased to 25 cents from 24 cents a year ago.
Traffic to restaurants declined 3.2% in the latest quarter, denting investor enthusiasm and dragging down the company's stock by more than 35%.
The company estimated flat same-store sales growth in 2026.
Advanced Micro Devices dropped 7% to $224.99 despite the advanced chipmaker reporting strong fourth-quarter results.
Revenue increased 34% to a record high of $10.3 billion from $7.7 billion, net income soared to $1.5 billion from $482 million, and diluted earnings per share increased to 92 cents from 29 cents a year ago.
The company estimated first-quarter revenue at $9.8 billion, with a band of $300 million; however, some analysts were expecting the company to offer stronger guidance as core customers continue to purchase chips necessary to power AI models.
Match Group rose 6% to $30.64 after the dating app operator reported sharply higher than expected fourth-quarter results.
The company guided full-year cash flow in the current year to range between $1.08 billion and $1.135 billion.
Match Group reported fourth-quarter revenue of $878 million and diluted earnings per share of 83 cents.
Take-Two Interactive Software jumped 4.4% to $221.0 after the video game publisher revised its 2026 net booking estimate to a new range between $6.65 and $6.7 billion.
- Scott Peters
- 04 Feb, 2026
- New York City
Chipotle Mexican Grill Inc. dropped 6.6% to $36.60 after the fast-casual restaurant company reported weaker-than-expected quarterly results.
Same-store sales in the fourth quarter fell 2.5% and dropped 1.7% for the full year.
Revenue in the quarter rose 4.9% to $2.98 billion, net income decreased to $330.9 million from $331.8 million, and diluted earnings per share increased to 25 cents from 24 cents a year ago.
Traffic to restaurants declined 3.2% in the latest quarter, denting investor enthusiasm and dragging down the company's stock by more than 35%.
The company estimated flat same-store sales growth in 2026.
Advanced Micro Devices dropped 7% to $224.99 despite the advanced chipmaker reporting strong fourth-quarter results.
Revenue increased 34% to a record high of $10.3 billion from $7.7 billion, net income soared to $1.5 billion from $482 million, and diluted earnings per share increased to 92 cents from 29 cents a year ago.
The company estimated first-quarter revenue at $9.8 billion, with a band of $300 million; however, some analysts were expecting the company to offer stronger guidance as core customers continue to purchase chips necessary to power AI models.
Match Group rose 6% to $30.64 after the dating app operator reported sharply higher than expected fourth-quarter results.
The company guided full-year cash flow in the current year to range between $1.08 billion and $1.135 billion.
Match Group reported fourth-quarter revenue of $878 million and diluted earnings per share of 83 cents.
Take-Two Interactive Software jumped 4.4% to $221.0 after the video game publisher revised its 2026 net booking estimate to a new range between $6.65 and $6.7 billion.
- Barry Adams
- 04 Feb, 2026
- New York City
U.S. stocks lacked direction in early trading in New York after benchmark indexes registered sharp losses in the previous session.
The S&P 500 Index decreased 0.1%, and the tech-focused Nasdaq Composite edged up 0.1% as investors reviewed the latest quarterly results.
Chipmakers and AI-linked stocks declined more than 2% in Tuesday's trading, and software services providers faced headwinds amid worries that elevated infrastructure investment may dampen future sales growth.
Nvidia, Broadcom, Qualcomm, AMD, and Micron Technology declined between 2% and 4%, and ServiceNow, Salesforce, and Intuit dropped between 7% and 11%.
Benchmark indexes have surged more than 100% over the last three years, and investors are worried that valuations may be stretched too far and tech stocks are likely to face higher volatility in 2026.
On the earnings front, Alphabet Inc. is scheduled to release earnings results on Wednesday and Amazon on Thursday.
Investors are awaiting the release of nonfarm payrolls data on Friday, and January employment is likely to rise 40,000 following the preliminary increase of 50,000 in December 2025.
U.S. Movers
Chipotle Mexican Grill Inc. dropped 6.6% to $36.60 after the fast-casual restaurant company reported weaker-than-expected quarterly results.
Same-store sales in the fourth quarter fell 2.5% and dropped 1.7% for the full year.
Revenue in the quarter rose 4.9% to $2.98 billion, net income decreased to $330.9 million from $331.8 million, and diluted earnings per share increased to 25 cents from 24 cents a year ago.
Traffic to restaurants declined 3.2% in the latest quarter, denting investor enthusiasm and dragging down the company's stock by more than 35%.
The company estimated flat same-store sales growth in 2026.
Advanced Micro Devices dropped 7% to $224.99 despite the advanced chipmaker reporting strong fourth-quarter results.
Revenue increased 34% to a record high of $10.3 billion from $7.7 billion, net income soared to $1.5 billion from $482 million, and diluted earnings per share increased to 92 cents from 29 cents a year ago.
The company estimated first-quarter revenue at $9.8 billion, with a band of $300 million; however, some analysts were expecting the company to offer stronger guidance as core customers continue to purchase chips necessary to power AI models.
Match Group rose 6% to $30.64 after the dating app operator reported sharply higher than expected fourth-quarter results.
The company guided full-year cash flow in the current year to range between $1.08 billion and $1.135 billion.
Match Group reported fourth-quarter revenue of $878 million and diluted earnings per share of 83 cents.
Take-Two Interactive Software jumped 4.4% to $221.0 after the video game publisher revised its 2026 net booking estimate to a new range between $6.65 and $6.7 billion.
- Barry Adams
- 04 Feb, 2026
- New York City
U.S. stocks lacked direction in early trading in New York after benchmark indexes registered sharp losses in the previous session.
The S&P 500 Index decreased 0.1%, and the tech-focused Nasdaq Composite edged up 0.1% as investors reviewed the latest quarterly results.
Chipmakers and AI-linked stocks declined more than 2% in Tuesday's trading, and software services providers faced headwinds amid worries that elevated infrastructure investment may dampen future sales growth.
Nvidia, Broadcom, Qualcomm, AMD, and Micron Technology declined between 2% and 4%, and ServiceNow, Salesforce, and Intuit dropped between 7% and 11%.
Benchmark indexes have surged more than 100% over the last three years, and investors are worried that valuations may be stretched too far and tech stocks are likely to face higher volatility in 2026.
On the earnings front, Alphabet Inc. is scheduled to release earnings results on Wednesday and Amazon on Thursday.
Investors are awaiting the release of nonfarm payrolls data on Friday, and January employment is likely to rise 40,000 following the preliminary increase of 50,000 in December 2025.
U.S. Movers
Chipotle Mexican Grill Inc. dropped 6.6% to $36.60 after the fast-casual restaurant company reported weaker-than-expected quarterly results.
Same-store sales in the fourth quarter fell 2.5% and dropped 1.7% for the full year.
Revenue in the quarter rose 4.9% to $2.98 billion, net income decreased to $330.9 million from $331.8 million, and diluted earnings per share increased to 25 cents from 24 cents a year ago.
Traffic to restaurants declined 3.2% in the latest quarter, denting investor enthusiasm and dragging down the company's stock by more than 35%.
The company estimated flat same-store sales growth in 2026.
Advanced Micro Devices dropped 7% to $224.99 despite the advanced chipmaker reporting strong fourth-quarter results.
Revenue increased 34% to a record high of $10.3 billion from $7.7 billion, net income soared to $1.5 billion from $482 million, and diluted earnings per share increased to 92 cents from 29 cents a year ago.
The company estimated first-quarter revenue at $9.8 billion, with a band of $300 million; however, some analysts were expecting the company to offer stronger guidance as core customers continue to purchase chips necessary to power AI models.
Match Group rose 6% to $30.64 after the dating app operator reported sharply higher than expected fourth-quarter results.
The company guided full-year cash flow in the current year to range between $1.08 billion and $1.135 billion.
Match Group reported fourth-quarter revenue of $878 million and diluted earnings per share of 83 cents.
Take-Two Interactive Software jumped 4.4% to $221.0 after the video game publisher revised its 2026 net booking estimate to a new range between $6.65 and $6.7 billion.
- Akira Ito
- 04 Feb, 2026
- Tokyo
Japan's stocks gyrated ahead of the lower house elections this weekend, and investors reviewed geopolitical tensions.
The Nikkei 225 Stock Average decreased 1%, the broader Topix edged up 0.2%, and the yen weakened 0.3% to 156.34 against the U.S. dollar.
Investors sold tech stocks, reacting to a tech sell-off in overnight trading in New York amid growing concerns that Anthropic's newly released AI automation tool could hurt software services providers.
After this weekend's lower house election, many expect the ruling LDP party to increase its seat count.
Prime Minister Sanae Takaichi's administration is likely to pursue expansionary fiscal policies, which could support higher stock prices but dent the yen.
Crude oil prices advanced after the U.S. military said it shot down an Iranian drone approaching the U.S. aircraft carrier in the Middle East region.
The U.S. is widely believed to be preparing for another round of air strikes targeting Iran's nuclear installations, and military analysts are anticipating attacks as early as this month.
Software firms in Japan and Asia dropped sharply amid worries that the AI tools could disrupt future growth and trim profit margins.
TIS Inc. dropped 15% to ¥3,723.0, Trend Micro fell 7.2% to ¥5,661.0, and NS Solutions decreased 7.1% to ¥3,998.0.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1% to 54,186.15, and the broader Topix Index edged up 0.2% to 3,652.07.
Semiconductor equipment makers and AI-related stocks decreased sharply amid worries about future growth.
Tokyo Electron dropped 2% to ¥40,750.0, Advantest Corp. declined 3.2% to ¥25,190.0, and Lasertec fell 7.4% to ¥29,845.0.
- Akira Ito
- 04 Feb, 2026
- Tokyo
Japan's stocks gyrated ahead of the lower house elections this weekend, and investors reviewed geopolitical tensions.
The Nikkei 225 Stock Average decreased 1%, the broader Topix edged up 0.2%, and the yen weakened 0.3% to 156.34 against the U.S. dollar.
Investors sold tech stocks, reacting to a tech sell-off in overnight trading in New York amid growing concerns that Anthropic's newly released AI automation tool could hurt software services providers.
After this weekend's lower house election, many expect the ruling LDP party to increase its seat count.
Prime Minister Sanae Takaichi's administration is likely to pursue expansionary fiscal policies, which could support higher stock prices but dent the yen.
Crude oil prices advanced after the U.S. military said it shot down an Iranian drone approaching the U.S. aircraft carrier in the Middle East region.
The U.S. is widely believed to be preparing for another round of air strikes targeting Iran's nuclear installations, and military analysts are anticipating attacks as early as this month.
Software firms in Japan and Asia dropped sharply amid worries that the AI tools could disrupt future growth and trim profit margins.
TIS Inc. dropped 15% to ¥3,723.0, Trend Micro fell 7.2% to ¥5,661.0, and NS Solutions decreased 7.1% to ¥3,998.0.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 1% to 54,186.15, and the broader Topix Index edged up 0.2% to 3,652.07.
Semiconductor equipment makers and AI-related stocks decreased sharply amid worries about future growth.
Tokyo Electron dropped 2% to ¥40,750.0, Advantest Corp. declined 3.2% to ¥25,190.0, and Lasertec fell 7.4% to ¥29,845.0.
- Li Chen
- 04 Feb, 2026
- Hong Kong
China stocks traded down, and the possible increase in sales tax covering a wider group of services weighed on the market sentiment.
The Hang Seng Index decreased 0.4%, and the mainland-focused CSI 300 Index inched lower 0.2% as investors turned cautious amid rising tensions in the Middle East.
The latest increase in VAT for wireless telecom services weighed on the market sentiment, and investors feared that the government may increase taxes on digital services, including internet access.
Tensions rose in the Middle East after the U.S. military said it shot down an Iranian drone approaching the U.S. aircraft carrier in the region.
The U.S. is widely believed to be preparing for another round of air strikes targeting Iran's nuclear installations, and military analysts are anticipating attacks as early as this month.
China Indexes and Stocks
The Hang Seng Index decreased 0.4% to 26,724.50, and the mainland-focused CSI 300 Index declined 0.2% to 4,653.32.
Gold and silver prices recovered 3% and extended two-day gains to above 7%, and precious metals last week dropped a historic 10% in Friday's trading.
Zijin Mining Group decreased 0.1% to HK $41.32, and Zijin Gold International dropped 0.4% to HK $216.40.
Crude oil prices rebounded 0.8% to $63.73 a barrel amid rising tensions in the Middle East.
CNOOC gained 1.5% to HK $23.72, China Petroleum and Chemical increased 1.3% to HK $5.40, and PetroChina increased 1.1% to HK $9.07.
- Li Chen
- 04 Feb, 2026
- Hong Kong
China stocks traded down, and the possible increase in sales tax covering a wider group of services weighed on the market sentiment.
The Hang Seng Index decreased 0.4%, and the mainland-focused CSI 300 Index inched lower 0.2% as investors turned cautious amid rising tensions in the Middle East.
The latest increase in VAT for wireless telecom services weighed on the market sentiment, and investors feared that the government may increase taxes on digital services, including internet access.
Tensions rose in the Middle East after the U.S. military said it shot down an Iranian drone approaching the U.S. aircraft carrier in the region.
The U.S. is widely believed to be preparing for another round of air strikes targeting Iran's nuclear installations, and military analysts are anticipating attacks as early as this month.
China Indexes and Stocks
The Hang Seng Index decreased 0.4% to 26,724.50, and the mainland-focused CSI 300 Index declined 0.2% to 4,653.32.
Gold and silver prices recovered 3% and extended two-day gains to above 7%, and precious metals last week dropped a historic 10% in Friday's trading.
Zijin Mining Group decreased 0.1% to HK $41.32, and Zijin Gold International dropped 0.4% to HK $216.40.
Crude oil prices rebounded 0.8% to $63.73 a barrel amid rising tensions in the Middle East.
CNOOC gained 1.5% to HK $23.72, China Petroleum and Chemical increased 1.3% to HK $5.40, and PetroChina increased 1.1% to HK $9.07.
- Barry Adams
- 03 Feb, 2026
- New York City
U.S. stock indexes advanced for the second consecutive session this week amid earnings optimism and receding geopolitical tensions.
The S&P 500 Index increased 0.5%, and the tech-focused Nasdaq Composite advanced 0.9% as investors reacted to quarterly results of PepsiCo, NXP Semiconductors, Teradyne, and Palantir Technologies.
Market sentiment was further bolstered after the U.S. president lowered tariffs on India's goods to 18% from 50% and waived the additional 25% tariff imposed last year.
Trump backed down from high tariffs from China, Japan, the European Union, Canada, and Mexico, confirming the term "Trump Always Chickens Out" after several tariff threats and reversals in 2025.
Immediate-month delivery futures prices of gold rebounded 5.1% to $308.0, and silver surged 8.2% to $308.0, and precious metals plunged between 20% and 30% over the last two trading sessions.
U.S. Movers
Palantir Technologies jumped 10.9% to $163.85 after the defense and intelligence contractor reported higher-than-estimated revenue and earnings in its latest quarter.
The company reported revenues of $1.4 billion and adjusted earnings per share of 25 cents, surpassing market expectations.
NXP Semiconductors decreased 5% to $219.48 despite the company reporting better-than-expected quarterly results. The advanced semiconductor company's guidance for the adjusted gross margin in the current quarter of 57% overshadows its results.
Teradyne jumped 23% to $308.0 after the robotics company's current quarter was ahead of market expectations.
The task automation and electronic testing company estimated revenue between $1.15 billion and $1.25 billion, and the company reported fourth-quarter revenue of $1.1 billion and adjusted earnings per share of $1.80.
- Barry Adams
- 03 Feb, 2026
- New York City
U.S. stock indexes advanced for the second consecutive session this week amid earnings optimism and receding geopolitical tensions.
The S&P 500 Index increased 0.5%, and the tech-focused Nasdaq Composite advanced 0.9% as investors reacted to quarterly results of PepsiCo, NXP Semiconductors, Teradyne, and Palantir Technologies.
Market sentiment was further bolstered after the U.S. president lowered tariffs on India's goods to 18% from 50% and waived the additional 25% tariff imposed last year.
Trump backed down from high tariffs from China, Japan, the European Union, Canada, and Mexico, confirming the term "Trump Always Chickens Out" after several tariff threats and reversals in 2025.
Immediate-month delivery futures prices of gold rebounded 5.1% to $308.0, and silver surged 8.2% to $308.0, and precious metals plunged between 20% and 30% over the last two trading sessions.
U.S. Movers
Palantir Technologies jumped 10.9% to $163.85 after the defense and intelligence contractor reported higher-than-estimated revenue and earnings in its latest quarter.
The company reported revenues of $1.4 billion and adjusted earnings per share of 25 cents, surpassing market expectations.
NXP Semiconductors decreased 5% to $219.48 despite the company reporting better-than-expected quarterly results. The advanced semiconductor company's guidance for the adjusted gross margin in the current quarter of 57% overshadows its results.
Teradyne jumped 23% to $308.0 after the robotics company's current quarter was ahead of market expectations.
The task automation and electronic testing company estimated revenue between $1.15 billion and $1.25 billion, and the company reported fourth-quarter revenue of $1.1 billion and adjusted earnings per share of $1.80.
- Akira Ito
- 03 Feb, 2026
- Tokyo
Stocks in Tokyo recovered sharply after the sell-off in precious metals abated and geopolitical tensions eased.
The Nikkei 225 Stock Average soared nearly 4%, the broader Topix Index gained 3%, and the yen hovered at 155.40 against the U.S. dollar.
Japan's market sentiment was driven by the optimism that the ruling party coalition is likely to return to power with a comfortable majority, which could pave a way for the more expansionary fiscal policy.
Japan's snap election of the Lower House is scheduled on February 15, and the Prime Minister Sanae Takaichi's popularity is likely to help expand her party's seat count.
Moreover, a stable yen is likely to support earnings growth in the fiscal year 2026.
Japan Indexes and Stocks
The Nikkei 225 Stock Average soared 3.9% to 54,720.29, and the broader Topix Index gained 3.1% to 3,646.12.
AI-related stocks rebounded, tracking gains in technology stocks in overnight trading in New York.
Kioxia Holdings soared 13% to ¥20,785.0, Fujikura Ltd. soared 9.7% to ¥21,780.0, and Softbank Group Corp. advanced 5.2% to ¥4,300.0.
Tokyo Electron rose 4.3% to ¥41,560.0, Advantest Corp. gained 4.2% to ¥26,030.0, and Disco Corp. 7.4% to ¥66,920.0.
- Akira Ito
- 03 Feb, 2026
- Tokyo
Stocks in Tokyo recovered sharply after the sell-off in precious metals abated and geopolitical tensions eased.
The Nikkei 225 Stock Average soared nearly 4%, the broader Topix Index gained 3%, and the yen hovered at 155.40 against the U.S. dollar.
Japan's market sentiment was driven by the optimism that the ruling party coalition is likely to return to power with a comfortable majority, which could pave a way for the more expansionary fiscal policy.
Japan's snap election of the Lower House is scheduled on February 15, and the Prime Minister Sanae Takaichi's popularity is likely to help expand her party's seat count.
Moreover, a stable yen is likely to support earnings growth in the fiscal year 2026.
Japan Indexes and Stocks
The Nikkei 225 Stock Average soared 3.9% to 54,720.29, and the broader Topix Index gained 3.1% to 3,646.12.
AI-related stocks rebounded, tracking gains in technology stocks in overnight trading in New York.
Kioxia Holdings soared 13% to ¥20,785.0, Fujikura Ltd. soared 9.7% to ¥21,780.0, and Softbank Group Corp. advanced 5.2% to ¥4,300.0.
Tokyo Electron rose 4.3% to ¥41,560.0, Advantest Corp. gained 4.2% to ¥26,030.0, and Disco Corp. 7.4% to ¥66,920.0.
- Li Chen
- 03 Feb, 2026
- Hong Kong
Stocks in China advanced amid easing geopolitical tensions and stabilizing market sentiment.
The Hang Seng Index increased 0.2%, and the mainland-focused CSI 300 Index inched higher 0.1% as investors searched for bargains.
Global market sentiment recovered after the U.S. president lowered goods tariffs to 18% from as high as 50% as India agreed to halt direct sourcing of crude oil from Russia.
Precious metals prices recovered and halted a three-day slide that saw gold prices down as much as 20% and silver prices falling over 30%.
China Indexes and Stocks
The Hang Seng Index increased 0.2% to 26,830.23, and the CSI 300 Index advanced 0.1% to 4,609.71.
Technology and resource stocks experienced a recovery in Shanghai and Hong Kong trading ahead of the earnings announcement.
Zijin Mining Group increased 2% to HK $40.36, and Zijin Gold International increased 3.5% to HK $208.40.
Trip.com Group advanced 1.2% to HK $483.60, NetEase gained 0.2% to HK $204.30, and Alibaba Group fell 1.8% to HK $160.40.
Eastroc Beverage Group traded flat at HK $248.0 after the energy drink maker priced its initial public offering at HK $248 per share.
The company raised HK $10.4 billion in gross proceeds through the sale of 40.9 million shares.
Shimeng Supply Chain Management soared more than 122% to 62.88 yuan in Shenzhen trading after the company priced its initial public offering.