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Shares of Robinhood fell in after-hours trade on Tuesday, after caution on crypto trading weighed on the trading app's fourth-quarter sales and the company forecast a big jump in spending for the year.
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Strategy Executive Chair Michael Saylor attempted on Tuesday to dismiss "unfounded" fears that the recent tumble in bitcoin prices would force the company to pare back its holdings, but he did acknowledge that more price volatility for the cryptocurrency, and for the company's stock, was likely.
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Asian Stocks Set to Extend Rally as US Shares Slip: Markets Wrap Bloomberg.comAsia markets mostly rise as investors shrug off weak U.S. retail sales, assess China inflation CNBCBuoyant stocks pause for breath on signs of softening US consumption ReutersAsian shares advance after weak US retail data weigh on Wall Street Yahoo Finance
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S&P 500 closes lower as AI fears weigh on financial stocks; Dow hits another record: Live updates CNBCStock market today: Dow moves higher, S&P 500 and Nasdaq dip after weak retail sales fuel Fed cut bets Yahoo FinanceUS stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers AP NewsStocks mixed but world index hits record high; Treasury yields ease Reuters
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One analyst suggested stocks may be suffering from "rally exhaustion."
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The post Growth Manager Ranks Stocks Using Five-Year Earnings Outlook appeared first on The Wall Street Transcript.
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