Morning Bid: Cloudy Amazon, Payrolls and a Flatter Curve

February 7, 2025

Image source: Wikimedia Commons

Breaking News

Image source: Wikimedia Commons

Morning Bid: Cloudy Amazon, Payrolls and a Flatter Curve. 📊 Another forecast miss from a U.S. megacap combines with caution ahead of January's employment report to keep a lid on stocks into Friday's open - with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year. U.S. News reports.

EdgeUp

❄️ ChipFreeze: Arm, Qualcomm stocks fall as investors wait for AI to drive new demand for smartphones, PCs. Yahoo Finance reports.

📌 PinProfit:
Pinterest projects revenue above estimates as AI tools boost ad spend; shares jump. Reuters reports.

⏳ HwellLag: Honeywell shares fell nearly 4% after the company forecast downbeat 2025 results and some experts suggested gains from the separation could take time to materialize. Reuters reports.

✨ GlowDown: L’Oreal sales slightly miss estimates in fourth quarter as China weakness persists. CNBC reports.

📦 PrimePlunge: Amazon investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Reuters reports.

⚡ AutoShock: Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and battery-related expenses would dent its 2025 profits. Reuters reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $UPC: Universe Pharmaceuticals
Total gain: +63.35%

2. $MGOL: MGO Global
Total gain: +62.16%

3. $NIVF: NewGenIvf Group
Total gain: +45.97%

4. $HSDT: Helius Medical Technologies
Total gain: +25.4%

5. $DOCS: Doximity
Total gain: +24.09%

Friday Fact

Generative AI: How It Works and Recent Transformative Developments

Generative AI is an artificial intelligence (AI) that can produce content such as audio, text, code, video, images, and other data. While previous AI algorithms were used to identify patterns within a training data set and make predictions, generative AI uses machine learning algorithms to create outputs based on a training data set.

Generative AI can produce outputs in the same medium in which it is prompted (e.g., text-to-text) or in a different medium from the given prompt (e.g., text-to-image or image-to-video). Popular examples of generative AI include ChatGPT, Gemini, DALL-E, Midjourney, and Perplexity, among others.

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on February 6.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $APPS: Digital Turbine
Total gain: +90.55%
Despite market volatility, the company continues its winning streak, reporting Q3 2025 revenue of $134.64 million—beating estimates by $10.96 million. Benzinga reports.

2. $LIPO: Lipella Pharmaceuticals
Total gain: +77.52%
The company announced that the U.S. Food and Drug Administration has granted approval for an Expanded Access Program for LP-310, an oral rinse formulation designed to treat oral lichen planus. Benzinga reports.

3. $QNTM: Quantum BioPharma
Total gain: +70.45%
The company announced that its licensee Celly Nutrition Corporation, the company behind unbuzzdTM – the scientifically-proven and game-changing beverage that accelerates alcohol metabolism, restores mental clarity and reduces hangover symptoms –announced that it has engaged a leading New York Investment Bank to raise up to $10 million USD in capital and explore an initial public offering on a major US public exchange, subject to requisite regulatory approval. Benzinga reports.

Today’s Notable Earnings

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

ULCC: Frontier Group Holdings
Before Market Open
Q4 2024
Estimate: 0.130
Actual: N/A

KIM: Kimco Realty
Before Market Open
Q4 2024
Estimate: 0.420
Actual: N/A

BBD: Bank Bradesco
Before Market Open
Q4 2024
Estimate: 0.090
Actual: N/A

Today’s Key Economic Dates

Time (ET) / Report / Period

8:30 am - U.S. employment report - January
8:30 am - U.S. unemployment rate - January
8:30 am - U.S. hourly wages - January

Parting Thoughts

“Hope is dangerous in the stock market.”

― Edwin Lefèvre

Sourced in:
”Reminiscences of a Stock Operator", by Edwin Lefèvre, published in 1923.