Momentum Movers

• $BABA up 6% after the company said it has been building its Qwen2.5-Max MoE LLM, which outcompetes DeepSeek V3 in benchmarks like Arend Hard, LiveCodeBench, and GPQA-Diamond. 
• $NVDA up 9%, rebounding part of its recent drawdown from concerns that DeepSeek’s efficient AI training process could signal lower demand for $NVDA’s products.
• $JBLU down 25% following its Q4 financial results. 
• $YIBO up 66% after the company reported a year-over-year increase in H1 sales results. 
• $GM down 9% after the company highlighted uncertainty and policy headwinds for FY25 on its recent earnings call. 
• $PLTR up 6% as the market recovered after a sharp tech drawdown on Monday due to DeepSeek disruption concerns in the AI industry. 
• $RCL up 12% following a Q4 EPS beat despite missing revenue targets. 
• $CRWD up 9% as software companies broadly rallied as AI efficiencies were seen as a tailwind. 
• $IVZ up 9% after the company reported better-than-expected Q4 financial results. 
• $LMT down 9% following a Q4 revenue miss.

Sector Performance

Market News 

• Scott Bessent was sworn in as Treasury Secretary on Tuesday. 
• The Trump Administration is set to implement tariffs on Canada and Mexico this Saturday, 2/1/25. 

Upcoming Events 1/29/25 

• Fed Interest Rate Decision
• FOMC Press Conference
• Earnings: $ASML, $TSLA, $MSFT, $META, $IBM, $TMUS, $PGR, $ADP, $LRCX, $DHR, $NOW, $NDAQ, $WOL, $GD