Markets News, Feb. 13, 2025: Stocks Approach Record Highs Following PPI Data, Trump's New Tariff Order

Traders work on the floor of the New York Stock Exchange.

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Major U.S. stock indexes rose to close near all-time highs on Thursday after data showed wholesale inflation slowed slightly in January and President Trump signed a softer-than-expected executive order on tariffs.

The Nasdaq Compoꦏsite ros🃏e 1.5% Thursday, while the S&P 500 added 1% to close less than 0.1% shy of a record close. The Dow Jones Industrial Average advanced 0.8%, putting it just 0.7% off its record.

Stocks 澳洲幸运5开奖号码历史查询:finished mostly lower yesterday after data showed inflation picked up last🍎 month, possibly complicating the Fed's path toward a neutral interest rate. On Thursday, new data arrived: the Producer Price Index, which rose 0.4% last month, more than economists were expecting but less than December's 0.5% increase. Core PPI, which excludes volatile food and♛ energy prices, rose 0.3%, also a deceleration from December.

The report made traders a little more optimistic that there will be more interest rate cuts this year, according to CME Group's FedWatch Tool. Treasury yields slid after the report, with the 10-year yield falling to 4.53%, erasing yesterday's CPI-related jump.

President Trump on Thursday signed an executive order instructing agencies to look into imposin🉐g reciprocal tariffs. The order stopped short of immediately imposing new levies.

Big tech stocks were mostly higher on Thursday, led by Tesla (TSLA), up nearly 6% after 澳洲幸运5开奖号码历史查询:briefly being included in a State Department spending forecast. Nvidia (NVDA) shares 澳洲幸运5开奖号码历史查询:rose about 3%, and Apple (AAPL) gained 2%. The remainder of the Magnificent Seven rose, including Meta Platforms (META), which notched its nineteenth consecutive positive session. Broadcom (AVGO) was the only trillion-dollar tech company to see its shares decline.

Shares of Cisco Systems (CSCO) rose 2% Thursday after the networking equipment maker 澳洲幸运5开奖号码历史查询:beat quarterly earnings estimates and raised its full-year outlook. Marketing software provider Applovin (APP), already up more than 700% in the past year, 澳洲幸运5开奖号码历史查询:soared 24% after releasing better-than-expected results.

On the other end of the spectrum, Reddit (RDDT) shares fell 5% on 澳洲幸运5开奖号码历史查询:disappointing user growth, and machinery giant Deere (DE) shed 2% after it reported quarterly sales 澳洲幸运5开奖号码历史查询:well below estimates. Software companies The Trade Desk (TTD) and Datadog (DDOG) slumped 33% and 8%, resp♊ectively, on their earnings reports.

The price of Bitcoin declined slightly to $96,500. Gold futures rose to about $2,960 an ounce, just shy of an all-time hig🙈h. West Texas Intermediate crude oil futures rebounded from an early slump to trade at $71.50 a barrel.

Top S&P 500 Movers on Thursday

February 13, 2025 05:08 PM EST

Advancers:

  • MGM Resorts (MGM) shares surged 17.5%, gaining the most of any S&P 500 stock after the casino and hotel operator topped sales and profit estimates for the fourth quarter of 2024. Sales growth from the company's business in Macau underpinned the strong performance, while the MGM Digital segment provided an additional boost. Following the report, CFRA analysts upgraded MGM stock to "buy," citing more upbeat financial forecasts and the company's aggressive share buyback plans.
  • Shares of Molson Coors (TAP) soared 9.5% following the alcoholic beverage giant's quarterly confessional. Although revenue ticked downward year-over-year, the brewer outperformed sales and profit forecasts, noting its success in holding onto recent market-share gains as well as favorable sales mix and pricing.
  • GE Healthcare Technologies (GEHC), the provider of medical products and services that spun off from General Electric in 2023, posted better-than-expected profits for the fourth quarter, and its shares jumped 8.8% on Thursday. Despite some weakness in China, the company benefitted from strength in the U.S., while strong demand for its advanced visualization solutions pharmaceutical diagnostics businesses contributed to revenue growth.

Decliners:

  • West Pharmaceutical Services (WST) shares suffered heavier losses than any other S&P 500 constituent on Thursday, plummeting 38.2%. Although the maker of injectable drug-delivery devices and other pharmaceutical packaging products topped fourth-quarter profit estimates, its 2025 guidance came in well below consensus forecasts. The company indicated that U.S. dollar strength, customer inventory clearing, and significant capital expenditures could weigh on future earnings.
  • An underwhelming outlook also overshadowed a strong earnings report for Zebra Technologies (ZBRA), which manufactures barcode scanners and other inventory-management systems. Although fourth-quarter sales and profits exceeded estimates, full-year revenue guidance fell short of forecasts, reflecting the impact of a strong dollar as well as uncertainties related to tariffs and global trade. Zebra Technologies shares fell 8.4%.
  • Shares of enterprise information management provider Iron Mountain (IRM) sank 7.3%. Although the company achieved a strong performance in its data center business and its storage and services segment, fourth-quarter revenue missed estimates, and elevated interest expenses pressured the results.

-澳洲幸运5开奖号码历史查询:Michael Bromberg

Intel Stock Surges on Speculation of TSMC Deal

February 13, 2025 03:54 PM EST

Intel (INTC) shares jumped Thursday, extending their recent rally on speculation of a deal with Taiwan Semiconductor Manufacturing Company (TSM).

The storied chipmaker has been the subject of discussions involving a potential U.S. chipmaking partnership with TSMC, Baird analysts said Wednesday.

TSMC could send engineers to Intel’s foundry business as part of such a venture, and potentially launch a new entity jointly owned by TSMC and Intel that could benefit from U.S. government 澳洲幸运5开奖号码历史查询:funding under the Chips Act, the analysts said. Intel’s 澳洲幸运5开奖号码历史查询:foundry business has struggled to keep up with TSMC, losing $13.4 billion in 20ꦕ24.

A TSMC spokesperson declined to remark on such a deal, while Intel did not immediately🍸 respond to a request for comment.

The discussions come as Vice President JD Vance 澳洲幸运5开奖号码历史查询:said Tuesday the Trump administration wants artifi🦄cial intelligence chips to be designed and manufactured domestically. Policies favoring U.S. chip manufacturers could benefit Intel’s foundry, which makes chips in the U.S. for third parties.

♉Shares of Intel popped ove𓃲r 9% to $24.52 in Thursday afternoon trading and have gained nearly 30% so far this week. However, even with recent gains, the stock is down more than 40% over the past 12 months.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Crocs Stock Pops After Topping Revenue Estimates

February 13, 2025 03:15 PM EST

Crocs (CROX) shares shot up more than 20% Thursday after the shoe company beat earnings estimates and projected that revenue growth would keep pace this year.

Crocs on Thursday reported revenue for the fourth quarter that exceeded Wall Street's expectations, and a record $4.1 billion in revenue for the full year. For the fourth quarter, the company made $6.36 in diluted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) on $989.8 million in revenue—well above the澳洲幸运5开奖号码历史查询: analyst consensus estimate of $2.27 EPS on $962.6 million in revenue provided by Visible Alpha.

Results for the fu💟ll year came in closer to expectations. Crocs reported $15.88 in diluted EPS on more than $4.1 billion in revenue, compared with the EPS of $12.91 on just under $4.1 billion in revenue that analysts anticipated, per Visible Alpha.

The company expects revenue to slip in the current quarter, but to grow 2% to 2.5% 澳洲幸运5开奖号码历史查询:year-over-year for all of 2025. This forecast factors in the potential for unfavorable 澳洲幸运5开奖号码历史查询:currency exchange rates and tariffs, CEO Andrew Rees said.

"Our fourth-quarter performance exceeded expectations across all metrics,” Rees said in a press release Thursday. “For 2025, we are expecting another year of revenue growth, led by mid-single-digit growth in the Crocs brand.”

The CEO also said the company is "pleased by the early signs of progress we made for [shoe brand] Heydude during the fourth quarter" and is taking a "prudent" approach toward 2025 guidance for the "reigniting" brand. Crocs' third-quarter 澳洲幸运5开奖号码历史查询:earnings beat 🎀reported in late Oc⛦tober was overshadowed by sales weakness from the Heydude brand.༺

Sha𒆙res of Crocs are off about 2% over the past 12 months.

-澳洲幸运5开奖号码历史查询:Sarina Trangle

Datadog Stock Slumps as Downbeat Projections Outwওeigh Q4 Results

February 13, 2025 02:09 PM EST

Datadog (DDOG) shares fell around 9% Thursday mo🥃rning as weaker-than-expected projections for the first quarter and rest of 2025 offset a fourth quarter that topped estimates.

The software maker posted adjusted earnings per share of $0.49 on revenue of $738 million, each better than analysts had e🌟xpected, according to estimates compiled by Visible 🅠Alpha.

Datadog said it had 462 customers with a🦋n annualized revenue run rate greater than $1 million at the end of the quarter, about 25 fewer such customers than analy🐭sts had expected.

Despite the strong fourth quarter, Datadog's forecasts for the current quarter and full year mostly came in short of estimates.

The company expects first-quarter revenue and adjusted EPS between $737 million to $741 million and $0.41 and $0.43, respectively, compared to the $740.58 million and $0🧸.46 per share analyst consensus.🐲

The full-year projections of $3.175 billion to $3.195 ꦕbillion and $1.65 to $1.70 per share were also below estimates, with the EPS range coming in well below thꦬe $2.04 per share that analysts had expected.

Shares 🔯of the software maker were down around 9% on Thursday and only up slightly from the same time last year.

-澳洲幸运5开奖号码历史查询:Aaron McDade

MGM Resorts Stock Jumps on Strong 🐓China Casino R🌊evenue

February 13, 2025 01:08 PM EST

Shares of MGM Resorts International (MGM) soared more than 15% to lead 澳洲幸运5开奖号码历史查询:S&P 500 gainers Thursday, a day after the hotel and casino operator beat profit and sales es♓timates on strong China demand, and gave positive comments about 2025.

MGM reported fourth-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.45, which was $0.08 above the consensus estimate of analysts surveyed by Visible Alpha. Even though revenue slipped less than 1% year-over-year to $4.35 billion, it also exceeded forecasts. 

MGM China revenue grew 4% to $1.0 billion, "primarily to an increase in casino revenues from favorable hold compared to the prior year." Casino sales also helped boost revenue 7% to $932 million at its Regional Operations, although the increase was "partially attributable to the effects of the union strike at MGM Grand Detroit in the prior year." Digital revenue jumped 15% to $140 million as MGM expanded into new markets.

Las Vegas Strip Resort💞s revenue was the only laggard, falling 6% to $2.2 billion on a drop in casino and room revenues. It also faced a big comparison to last year’s fourth quarter, when the city hosted a major Formula 1 racing event.

CEO Bill Hornbuckle noted that the company not only got a boost from China, it also has been encouraged "by the strong demand we're seeing in the business so far in 2025, which positions us well for continued growth." Hornbuckle added that December was MGM's best-ever convention booking month, and in January, it recorded revenue growth at its Las Vegas Strip Resorts and Regional Operations, along with strong future bookings.

Despite today's advance, shares of MGM Resorts International are down about 12% in the last year. 

IAC (IAC), the parent of Investopedia&nb𓆏sp;publisher Dotdash Meredith, holds a stake in M🔯GM Resorts International.

-澳洲幸运5开奖号码历史查询:Bill McColl

GE HealthCare Stock Climbs on Q4 Profit Beat

February 13, 2025 12:28 PM EST

GE HealthCare (GEHC) shares rose on Thursday after reporting better-than-expected fourth-quarter profit, while sales were in line with ana🐼lysts' estimates.

The medical device maker reported adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.45 on revenue of $5.32 billion. Analysts polled by Visible Alpha expected $1.26 and $5.32 billion, respectively.

GE HealthCare shares were up about 9% early Thursday afte𝓰rnoon, putting them up abo🐬ut 14% over the past year.

The company said it expects year-over-year organic revenue growth of 2% to 3% in 2025, "which reflects continued demand for our products and services as well as a measured view of market conditions in China." GE HealthCare also projected adjusted EPS between $4.61 and $4.75, up 3% to 6% from the $4.49 it registered in 2024 and mostly above the $4.65 analyst consensus.

澳洲幸运5开奖号码历史查询:Last quarter, the former division of conglomerate🅠 General Electric topped profit estimates despite what it called "continued market softness" in China, which led GE HealthCare to say it✨ was trending toward the lower end of its 1% to 2% full-year organic revenue growth projection. The firm's 2024 organic revenue came in a $19.74 billion, up 1%.

-澳洲幸运5开奖号码历史查询:Aaron McDade

Applovin Stock Soars After Earnings—Watch These Price ไLevels

February 13, 2025 11:42 AM EST

AppLovin (APP) shares soared nearly 30% on Thursday after the 澳洲幸运5开奖号码历史查询:artificial intelligence (AI)-powered advertising platform topped Wall Street’s fourth-quarter earnings expectations and issued a better-thꦡan-expected current-quarter outlook.

The company, whose software helps monetize gaming apps with targeted ads, projected first-quarter revenue of between $1.36 billion and 1.39 billion, handily surpassing the $1.32 billion expected by analysts. Executives said $1 billion of net sales will come from AppLovin’s advertising segment, adding that the company is still in the early stages of bolstering its AI models.

With Thursday's gains, Applovin shares are up about 1,000% in the past year. Below, we break down the 澳洲幸运5开奖号码历史查询:technicals on AppLovin’s 澳洲幸运5开奖号码历史查询:weekly chart and point out 💎key post-earnings price levels worth watching.

Since reaching their 澳洲幸运5开奖号码历史查询:all-time high (ATH) in early December, AppLovin shares consolidated within a pennant, a chart pattern that signals a 澳洲幸运5开奖号码历史查询:continuation of the stock's uptrend.

While the 澳洲幸运5开奖号码历史查询:relative strength index (RSI) confirms bullish price momentum with a reading above 70, a move higher into 澳洲幸运5开奖号码历史查询:overbought territory also increases the chances of dips linked to 澳洲幸运5开奖号码历史查询:profit taking.

To forecast an upside price target, investors can use the measured move technique, also known by chart watchers as the 澳洲幸运5开奖号码历史查询:measuring principle.

When applying the analysis to AppLovin’s chart, we calculate the distance of the uptrend that immediately preceded the pennant in points and add that amount to the pattern’s upper ♊trendline.

For example, we add $357 to $397, which projects an upside price target of $754, an area where investors may decide to 澳洲幸运5开奖号码历史查询:lock in profits.

During 澳洲幸运5开奖号码历史查询:pullbacks, the stock could see an initial dip to around $290. This level on the chart may provide support near the pennant pattern’s low, which closely aligns with the closing price of a weekly 澳洲幸运5开奖号码历史查询:wide-ranging bar in early November.

Selling below this level opens the door for a drop to around $168, a price where the shares may attract buying interest near the closely-watched 澳洲幸运5开奖号码历史查询:50-period moving average&n🐻bsp;and a brief range of consolidatio🧸n prior to last November’s election-driven surge.

Finally, a deeper 澳洲幸运5开奖号码历史查询:correction in AppLovin shares could trigger a decline to lower support around $116. Investors who employ 澳洲幸运5开奖号码历史查询:buy-and-hold strategies could seek entry points in this region near the stock’s prominent November 2021 澳洲幸运5开奖号码历史查询:swing high.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Tesla Stock Rises on Inclusion in State Department Spending𒆙ﷺ Forecast

February 13, 2025 10:42 AM EST

Tesla (TSLA) shares rose more than 6% Thursday morning after a U.S. State Department forecast was reported Wednesday afternoon, revealing that the electric vehicle 🍬maker is a possible choice for an estimated $400 million contract for armoredᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ electric vehicles.

The line item for "Armored Tesla," which was changed to "Armored Electric Vehicles" late Wednesday, appears to have been added to the State Department's procurement forecast in December, between U.S. President Donald Trump's election win and inauguration. The inclusion of Tesla in the spending forecast was first reported by independent outlet Drop Site on Wednesday.

The New York Times reported on Wednesday that some of that $400 million would go to Tesla for its vehicles, while some would also go to another third-party contractor that would add security features like bulletproof glass.

A State Department spokesperson told Investopedia that no contract has been awarded for armored EVs, and said the request was made by the Biden administration to ask EV makers if they would be interested in making armored vehicles for the government. The process that would open bidding to EV makers is currently on hold, so 𝕴the line item should h🔴ave listed a generic term rather than a specific company.

Around the same area in the procurement document, the Department also includes allocations for otherಌ armored vehicles, with German automaker BMW the only other specific company named. Those other three contracts are worth a combined $130 million. All four contracts are expected to be awarded in the fourth quarter of 2025.

Tesla did not immediateಞly respond to requests for 🅰comment.

-澳洲幸运5开奖号码历史查询:Aaron McDade

Reddit Sto𝄹ck Slides as User Growth Misses Estimates

February 13, 2025 09:54 AM EST

Reddit (RDDT🦋) reported fourth-quarter earnings that topped analysts' estimates, but its user growth fel꧙l short, sending shares lower on Thursday.

The social media platform saw revenue grow 71% year-over-year to $427.7 million, topping the analyst consensus compiled by Visible Alpha. Net income came in at $71 million, up from $18.5 million a year ago and above expectations.ꦿ However, Reddit’s 101.7 million da😼ily active users in the period fell short of the 103.24 million analysts were looking for, despite growing 39%.

Looking ahead, Reddit said it expects first-quarter revenue of $360 million to $370 million, compared to $243 million a year earlier and above the analyst consensus at the midpoint.

Shares of Reddit were down more than 4% at $206 Thursday morning. The stock closed at a record high Friday, and was up nearly sevenfold from its 澳洲幸运5开奖号码历史查询:initial public offering price o𝓀f $34 in March 2024 through Wednesday's close.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Stock Futures Tick Up After January PPI

February 13, 2025 08:51 AM EST

Futures contracts connected to the Dow Jones Industrial Average were up 🅺0.1% ♏in premarket trading on Thursday.

Dow futures (Feb. 13, 2025)

S&P 500 futures were effectively unchanged.

S&P 500 futures (Feb. 13, 2025)

Nasdaq 100 futures were nearly 0.2% higher.

Nasdaq 100 futures (Feb. 13, 2025)
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  1. CME Group. "."

  2. Crocs. "."

  3. MGM Resorts International. "."

  4. GE HealthCare. "."

  5. AppLovin. "."

  6. Drop Site. "."

  7. U.S. Department of State. "."

  8. The New York Times. "."

  9. Reddit. “.”

  10. Reddit. “."

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