The technology stock sell-off there is no respite on Wall Street due to the concern of How artificial intelligence will affect software companies. This has led to a continuation of the collapse of DOW JONES Ind Average, S&P 500 y NASDAQ 100 at the close of Thursday with -1.20% to 48,908 points, -1.20% to 6,799 points and -1.38% to 24,548 points respectively.
«For those who think that Fortune 500 companies are going to retire all their software and just say: I’ll ask ChatGPT, that’s not how it works. Don’t just take my word for it. We’re not technologists. Take Jensen Huang’s word for it,» he stated Marc Lipschultz, co-CEO of Blue Owl Tech and Yahoo Financeon the company’s fourth-quarter earnings conference call Thursday morning.
Blue Owl shares fell about 4% on Thursday following the company’s quarterly results, which reported $300 billion in assets under management for the first timewhich raised its stock market losses in the last month to 27%.
«For us to have material losses, I can’t describe anything to you based on facts,» Lipschultz added, noting that the firm does not see accumulated losses resulting in a «material degradation» in the performance of its funds.
Yesterday at closing Alphabet-A presented results and as we explained this afternoon at the opening, it projected a strong increase in spending on artificial intelligence, with a capital expenditure from up to 185 billion dollars in 2026, which has served to raise the hopes of the AI sector. The company registered a earnings per share of $2.82compared to an estimate of $2.63, and with about income who reached the 113.83 billion dollarsafter increasing about a 18% on an interannual basis.
Qualcomm wait some Fiscal second-quarter adjusted earnings between $2.45 and $2.65 per sharewith some revenues of between $10.2 billion and $11 billion. The analysts surveyed by LSEG they expected sales and earnings of $2.89 million per share.
Today after the closing we will have the quarterly results of Amazon and analysts expect a 21% YoY increase in AWS revenue in the fourth quarter, until $34.8 billion. For the company as a whole, analysts project an increase in 13%in income of the fourth quarter, until $211.5 billionand an increase in 8% in adjusted earnings per shareuntil the $2.40.
Bitcoin falls below $67,000going down a 45% from its historical maximum.
«Bitcoin remains in a broader bearish market structure,» read a note from 10X Research according to Yahoo Finance. «In the absence of a strong catalyst and with positioning still tight, downside risks remain elevated.»
Regarding economic data, we had the JOLTS survey of job offers for December with 6,524M compared to the 7,200M expected.
We also had 4-week debt auction (T-Bill) with a yield of 3,630% already 8 weeks with the same performance.
Among the winning actions we have Arm Hldg Sp ADR (+5.70 to 110.88 dollars), Mckesson (+16.59% to $958.37) and Cisco Systems (+1.48% to $82.36)
Arm rises after its quarterly results where it reported that the income increased a 26% until the 1.24 billion dollarsfar exceeding estimates of $1.23 billion according to Yahoo Finance. The company derives income from license sale to use their «instruction sets» and royalty collection when products with those designs are sold.
Revenue growth was balanced in both segments, as licensing revenue increased by 25% to 505 million dollars and royalty income increased by 27% to 737 million dollarsdriven by higher royalty rates for newer products like Armv9its newest CPU design, and Arm compute subsystems (CSS).
McKesson also rises after fiscal 2026 third quarter results reporting a adjusted earnings per share of $9.34comfortably surpassing the analyst consensus of $9.16 and representing a 16% year-over-year increase according to Investing. Los consolidated income of the company reached $106.16 billionslightly above the expected $105.87 billion and marking a 11% growth compared to the same period of the previous year.
Cisco rises after the reiteration of the rating of Evercore ISI of better performance with a target price in the 100 dollarsaccording to Investing.
Evercore highlighted Cisco’s unique positioning to address the Top AI bottlenecks in enterprise deployments. The firm noted that AI infrastructure limitations, trust/security issues, and data gaps for training models represent significant challenges that Cisco is equipped to solve. As a prominent player in the Communications Equipment industry with substantial market capitalization of $321.54 billion appears well positioned to capitalize on these opportunities.
The analysis highlighted Cisco’s solutions portfolio, including products Silicon One (systems based on G200, P200) and Acacia opticswhich enable the transition from copper to optical connectivity in AI infrastructure deployments.
Among the losing stocks we have Strategy Rg-A (-17.12% to 106.99 dollars), Estee Lauder Rg-A (-19.19% to $96.66) and Salesforce (-4.75% to $189.97)
Strategy falls before the Bitcoin crashwhich has dragged down cryptocurrency mining stocks.
Estee Lauder falls despite meeting Wall Street analysts’ expectations for the second quarter 2026 as we pointed out this afternoon. The firm reported adjusted earnings of $0.89 per shareexceeding the $0.84 expected by analysts surveyed by LSEG. Their revenue of $4.23 billion were in line with market forecasts. The company also raised its profit forecast for the whole year at a figure of between 2.05 and 2.25 dollars per sharecompared to the consensus estimate of $2.16 per share.
Salesforce falls in the middle of the technology stock sell-off as we pointed out at the beginning of this article.
Los Oil futures WTI caen one -2.99% at $63.19 and the Brent -2.91% at 67.44 dollars.
He Oro falls a -2.62% to $4,821 per ounce and the Plata -13.77% at 72.77 dollars.
The pair EUR/USD falls a -0.22% a 1.1779.
Bitcoin falls a -13.04% to $63,448.
He US bond yield falls a -2.08% a 4.189 already 30 years -1.36% to 4,848.
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