AI Winners, Earnings Losers, and a Market Caught in Between
US stocks delivered a mixed performance on Tuesday as investors navigated a flood of earnings reports alongside fresh uncertainty around delayed economic data. The Dow Jones Industrial Average slipped slightly, while the S&P 500 and Nasdaq edged higher, supported by renewed enthusiasm for artificial intelligence-linked stocks.
Palantir’s AI Boom Steals the Spotlight
Palantir surged more than 10% after posting blockbuster quarterly results and lifting its revenue outlook for 2026 well above expectations. Rapid growth in US commercial demand and expanding adoption of AI-driven data platforms reassured investors that the company remains a key beneficiary of the ongoing AI investment cycle.
PayPal Stumbles as Confidence Breaks
On the other end of the spectrum, PayPal shares collapsed nearly 18% after disappointing earnings and a cautious outlook rattled markets. The sudden leadership change added to investor unease, fueling concerns over the company’s competitive position in an increasingly crowded digital payments landscape.
Walmart Enters the Trillion-Dollar Club
Walmart made history by becoming the first retailer to reach a $1 trillion market valuation. The achievement reflects the company’s strong e-commerce expansion, growing membership base, and its ability to attract consumers seeking value amid economic uncertainty.
Economic Data Delays Add to Market Jitters
Markets also digested news that key US employment data releases were postponed due to the ongoing government shutdown. The delays have increased uncertainty around the health of the labor market as investors look ahead to the Federal Reserve’s next policy meeting.
Gold and Silver Rebound After Brutal Selloff
In commodities, Gold and Silver staged a sharp recovery following last week’s steep declines. Renewed buying interest suggested investors remain confident in the metals’ longer-term appeal, even as short-term volatility remains elevated.
A Market of Extremes
Tuesday’s trading underscored a market defined by sharp contrasts: powerful rallies in AI-driven names, steep selloffs in companies facing strategic challenges, and persistent macro uncertainty shaping investor sentiment across asset classes.
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