Stock Market Today: Major Indexes Rebound After Sell-Off; AMD Stock Surges on Meta AI Chips Deal
Key Points:
- Home Depot's CEO Edward Decker does not expect the U.S. housing market to revive significantly in 2026 due to low housing turnover and homeowners reluctant to give up low pandemic-era mortgage rates, leading to more home repairs than replacements.
- Traders are using prediction markets to bet on various outcomes of Nvidia's upcoming earnings report, including whether specific words like "humanoid" will be mentioned during the call, reflecting growing retail interest in nuanced event-driven trading.
- Planet Fitness reported strong Q4 fiscal 2025 results but its fiscal 2026 outlook disappointed investors, causing shares to drop 8.5%, with the stock down nearly 25% year-to-date amid missed revenue and earnings expectations.
- Keysight Technologies shares surged 20