Dow Jones Today: S&P 500, Nasdaq Fall for 4th Straight Day as Tesla Leads Tech Stocks Lower; Walmart, Home Depot Boost Dow

Sempra Plunges on Lowered Profit Forecast

1 hr 25 min ago

Energy company Sempra’s (SRE) stock was the biggest decliner in the S&P 500 Tuesday afternoon after its fourth-quarter results and profit projections fell short of expectations.

The gas and electric holding company earlier Tuesday reported adjusted earnings per share (EPS) of $1.50 on $3.76 billion in revenue, each up year-over-year but below analysts’ estimates compiled by Visible Alpha.

Sempra cut its 2025 EPS outlook to $4.30 to $4.70 from the prior range of $4.90 to $5.25 because of “recent and planned regulatory matters and the backdrop of a higher-cost environment.” The new 2025 EPS outlook and projected 2026 range of $4.80 to $5.30 are both well below expectations.

“With the reset of our guidance in 2025, we are setting a new foundation for a decisive decade of growth,” Sempra CEO Jeffrey Martin said.

Sempra shares were recently down 18% recently, trading at their lowest point since last April. The stock, which reached a record high in November, now is trading in negative territory for the last year.

–Aaron McDade

Palantir Levels to Watch as Sell-Off Accelerates

1 hr 53 min ago

Palantir Technologies (PLTR) stock fell again Tuesday to extend a swift and steep decline from record highs amid investor concerns that the U.S. government could cut spending on the analytical software company’s services. 

After hitting an all-time high a week ago, the stock has tumbled 30% following a report that Pentagon officials had been ordered to cut the U.S. defense budget by 8% annually for the next five years, a move that could negatively impact a key military contractor like Palantir.

Since a bearish engulfing pattern marked the stock’s record high, Palantir shares have moved sharply lower, with the price threatening to close the early February earnings-driven breakaway gap.

Increasing trading volume during the recent drop indicates selling conviction, while the relative strength index (RSI) indicator’s sudden drop from overbought levels to below 50 also points to accelerating bearish momentum.

Investors should watch key support levels on Palantir’s chart around $85, $66 and $44, while also eyeing important overhead areas near $100 and $125.

The stock was down 3.6% at $87.40 in recent trading after falling more than 10% on Monday.

Read the full technical analysis piece here.

–Timothy Smith

Tesla Tumbles as European EV Registrations Fall

2 hr 52 min ago

Tesla (TSLA) shares fell sharply again Tuesday to extend a recent slump as the Elon Musk-helmed company recorded a 45% plunge in European EV registrations last month

The stock was down 8% recently and has fallen 25% in 2025, making it by far the weakest performer in the Magnificent 7 so far this year.

According to data from the European Automobile Manufacturers’ Association, 9,945 Teslas were registered in January, down from 18,161 a year ago.

Analysts have blamed Tesla’s recent share price declines on Wall Street’s worries that Musk is too distracted by his role leading cost-cutting department DOGE to focus on running the EV maker.

In a note Tuesday, Wedbush analysts led by Dan Ives stuck with an outperform call but also noted that Musk’s DOGE-related “actions” and close ties to U.S. President Donald Trump have alienated some consumers “in Europe and pockets of the U.S. “

Investor worries about the impact of potential tariffs and the removal of EV incentives on the automaker’s business have also weighed on the stock this year. Despite losing ground in 2025, however, Tesla shares have gained almost 20% since Nov. 5, when Trump won the U.S. presidential election.

–Nisha Gopalan

Supermicro Approaches Filing Deadline to Avoid Delisting

4 hr 9 min ago

Super Micro Computer (SMCI) shares were down in early-afternoon trading as the server maker faces a Tuesday deadline to file delayed financial reports in order to avoid a Nasdaq delisting.

The company has had a difficult last six months since it was accused by a short seller of accounting manipulation. In August, Supermicro said it would file its annual report later than expected, which was followed by the resignation of EY as the company’s auditor in October.

Earlier this month, the company said it expected it would file the delayed reports, one for fiscal 2024 and the first two quarterly reports of fiscal 2025, by the Feb. 25 deadline. Supermicro has previously offered preliminary first and second-quarter results, with the second-quarter figures recently coming in below its previous forecasts.

Supermicro received an extension of the filing deadline in December, days after an independent special committee said it had found no evidence of accounting wrongdoing. However, the company said at the time it would replace its CFO, one of multiple executive positions it still has to fill.

Shares of Supermicro were down 8% in recent trading but are still up more than 50% since the start of 2025 amid optimism about the company’s revenue outlook for the coming years.

–Aaron McDade

Tempus AI Costs, Outlook Send Stock Sharply Lower

4 hr 43 min ago

Shares of Tempus AI (TEM) sank Tuesday, a day after the provider of artificial intelligence medical technology reported worse-than-anticipated results and guidance, with costs rising as the company expanded.

Tempus posted a fourth-quarter adjusted net loss of $0.18 per share, $0.02 more per share than estimates by analysts surveyed by Visible Alpha. Revenue jumped 36% year-over-year to $200.7 million, but that also was below expectations.

Sales at the genomics unit were up more than 30% to $120.4 million, and they increased nearly 45% to $80.2 million at the data and services business.

The company’s non-GAAP operating expenses grew 6.5% to $142.5 million. In a letter to shareholders, founder and CEO Erik Lefkofsky and CFO Jim Rogers explained that while Tempus reduced its ramp up in hiring during 2024, “a portion of the year-over-year increases in Non-GAAP operating expenses was driven by increases in the salesforce related to expanding territories to account for growth in overall testing volume and the launch of our MRD assays, along with modest increases in our technology and R&D staff.”

Tempus sees full-year adjusted EBITDA of $5 million, while the Visible Alpha outlook was for nearly $6 million. It sees revenue at $1.24 billion, slightly above forecasts. 

Tempus AI shares were down 20% in recent trading. The stock only began being traded publicly last June, and despite today’s drop they’re still about 40% above their initial price.

–Bill McColl

Krispy Kreme Hits All-Time Low on Weak Results

5 hr 43 min ago

Shares of Krispy Kreme (DNUT) lost a quarter of their value in early trading Tuesday as the donut maker posted worse-than-expected results and guidance as it was hit with a cyberattack and continued its restructuring efforts.

The company reported fourth-quarter adjusted earnings per share of $0.01 on revenue that slid 10% year-over-year to $404.0 million. Analysts surveyed by Visible Alpha were looking for $0.09 and $411.1 million, respectively. 

Krispy Kreme said the drop in revenue was mostly the result of the sale of its majority stake in Insomnia Cookies in the third quarter, along with the December hacking that had a negative impact of about $11 million. The incident caused operational disruptions, including online ordering in the U.S. “Online ordering, retail shops, and core business functions are now fully operational,” the company said.

CEO Josh Charlesworth said that leaving out the cybersecurity issue, the performance was “largely in line with our expectations.” Charlesworth added that the company has “restructured our management teams to maximize profitable U.S. expansion and capital-light international growth,” and plans to outsource U.S. logistics. In addition, Krispy Kreme has “begun a process to evaluate refranchising certain international markets.”

The company sees full-year revenue of $1.55 billion to $1.65 billion, and adjusted EBITDA of $180 million to $200 million. The Visible Alpha estimates were for $1.76 billion and $235 million, respectively.

Krispy Kreme shares were down 24% to $6.91 in recent trading after touching an all-time low $6.35 soon after markets opened. They have lost nearly half their value in the last 12 months.

–Bill McColl

Berkshire Hathaway Levels to Watch as Stock at Record High

6 hr 39 min ago

Berkshire Hathaway (BRK.B) shares rose to a new record high on Tuesday, adding to the previous session’s big gains following the release of a strong earnings report over the weekend.

Since bottoming out near the 200-day moving average and the lower trendline of an ascending triangle, Berkshire shares have continued to trend higher, with the price breaking out above the pattern on Monday.

Importantly, the breakout occurred on the highest daily volume since December’s triple witching trading session, indicating institutional investors participated in the buying. Moreover, the relative strength index (RSI) confirms bullish price momentum with a reading above the 70 threshold, but also points to overbought conditions.

A measured move forecasts an upside target of $555 for Berkshire’s class B shares, while bars pattern analysis predicts a price target of around $560. Investors should watch a key area of support on Berkshire’s chart around $485, which could flip from prior resistance into future support.

Berkshire shares were up 1% at around $504 in recent trading, after hitting a new record of $507.

Read the full technical analysis piece here.

–Timothy Smith

Major Index Stock Futures Little Changed

7 hr 58 min ago

Futures tied to the Dow Jones Industrial Average were up 0.1%.

S&P 500 futures also rose 0.1%.

Nasdaq 100 futures rose fractionally.