NEWS
Stocks Slip From Their Highs

Source: Tenor.com

Macro jitters from Trump’s tariff plans overshadowed positive earnings results this week, causing the major indexes to close marginally lower. Heading into next week, the market will be focused on U.S. labor market data and a fresh slate of earnings for many of the world’s largest companies. 👀

Today’s issue covers Trump’s latest tariff moves, a recap of energy giant earnings, a fresh “Weekend Rip” with Ben & Emil, and what you missed on Stocktwits. 📰

Here’s the S&P 500 heatmap. 1 of 11 sectors closed green, with communication services (+0.40%) leading and energy (-2.00%) lagging.

Source: Finviz.com

And here are the closing prices: 

STOCKS
Tariffs Cause Stocks To Turn Lower 📉 

White House Press Secretary Karoline Leavitt briefed the press that Trump will implement 25% tariffs on Mexico and Canada and a 10% duty on China tomorrow, far quicker than the market’s expectation of March 1st. 😱 

Stocks slumped and turned deeply negative on the news as investors digested the news and adjusted their portfolios in anticipation of more weekend surprises.

With oil prices on the move, let’s recap how some of the biggest energy stocks fared after reporting earnings results. 👀 

Exxon Mobil fell 2% after its fourth-quarter revenues of $83.42 billion missed analyst estimates. Oil and gas production rose by 20,000 barrels per day to 4.6 million, with yearly production jumping to its highest in a decade.

Weaker refining margins weighed on profitability, though adjusted earnings still beat expectations due to cost improvements. ⛽️ 

Meanwhile, Chevron fell 5% after its revenue and earnings both missed analyst estimates. Its downstream (refining) unit posted a loss for the first time since the pandemic, driven by lower prices and a 3% decline in U.S. sales volumes.

Refining margins remain impacted by a rise in global production capacity and lackluster demand in major economies. It raised its quarterly dividend by 5% and expects a 6% to 8% rise in total production during 2025.

Phillips 66 was also hit hard by weakness in refining, as it remains the largest importer of Canadian crude in the U.S. 🚂 

Overall, oil and gas majors remain in expansion mode, and their operations continue to generate meaningful cash flow. However, their earnings and revenue are well off their highs from 2023’s record year and will remain under pressure due to mixed global demand and rising capacity.

Trump’s regulatory decisions and global economic growth will set the tone for energy in 2025. They’re paying investors to hold tight and wait for further upside catalysts. Based on Stocktwits sentiment, retail investors remain selective in the oil and gas space as individual company performance bifurcates. 😐️ 

PRESENTED BY STOCKTWITS
“The Weekend Rip” With Ben & Emil 🍿 

Hosts Ben and Emil are back for another Weekend Rip, discussing the latest group of crypto grifters, DeepSeek ramping up the AI race, Trump demanding immediate rate cuts, and Elon Musk’s wild financial projections. Plus, the guy who launched 17,000 meme coins, Time Magazine getting rugpulled, and Michael Saylor’s Forbes cover.

STOCKS
Other Noteworthy Pops & Drops 📋️ 

AbbVie ($ABBV +5%): The biopharma stock’s fourth-quarter earnings and revenue topped expectations, citing key regulatory approvals and strategic transactions.

RBC Bearings ($RBC +8%): The manufacturer of highly engineered precision bearings, components, and essential systems saw earnings and revenue top estimates.

Allegiant Travel Company ($ALGT -2%): Disclosed in an SEC filing that it will record a non-cash impairment charge worth $322 million during Q4 fiscal 2024.

KLA Corp. ($KLAC -1%): The semiconductor equipment maker’s fiscal second-quarter earnings and revenue topped analyst estimates.

Cipher Mining ($CIFR +20%): The Bitcoin miner secured a $50 million PIPE investment from SoftBank Group Corp. It will use the funds to support its push in the high-performance computing (HPC) data market.

Walgreens Boots Alliance ($WBA -10%): Suspended its cash dividend as it re-evaluated its capital allocation policy amid a broader turnaround effort.

Intel ($INTC -3%): Sentiment remains mixed as the chipmaker’s revenue and earnings topped estimates, but its first-quarter 2025 revenue guidance was weak.

Visa ($V -0.45%): The payment processor’s earnings and revenue topped estimates, driven by healthy spending during the holiday season.

Trump Coin ($TRUMP.X -6%): A recent Stocktwits poll reveals that 31% of retail investors feel that the creation of these meme coins is driving their dislike for the crypto market, among the 77% who are skeptical about Official Trump (TRUMP.X) and Melania Meme (MELANIA.X) tokens.

COMMUNITY VIBES
What You Missed On Stocktwits This Week💸 

Yours truly appeared on Yahoo Finance to share Stocktwits’ insights on retail’s approach to earnings season and the DeepSeek AI selloff. 👇️ 

“People are still optimistic about the overall AI trade,” Stocktwits Editor-in-Chief @BruniCharting says. “However, they’re kind of picking their spots a bit more.”

Full comments:

— Yahoo Finance (@YahooFinance)
10:08 PM • Jan 28, 2025

We rolled out fresh branding across all Stocktwits properties this week. However, we need your help with the final piece of this rebrand, our StocktwitsCrypto logo!

See the options below and vote in our Stocktwits or X polls to have your voice heard. We’ll announce the community’s pick on Monday, so don’t delay! 🗳️ 

Source: Stocktwits

Did you know we do giveaways each week on the @Stocktwits and @StocktwitsCrypto handles? Now you do! Congrats to some of last week’s winners for scoring free Stocktwits Edge. Watch these accounts tonight and over the weekend for the relaunch of our “Trading Competitions” with real cash prizes. 🤑 

Source: Stocktwits

COMMUNITY VIBES
One Tweet To Sum Up The Week 🎯 

UPDATE 🚨 The White House confirms tariffs will be implemented tomorrow  

• 25% on Canada
• 25% on Mexico
• 10% on China

— Stocktwits (@Stocktwits)
6:49 PM • Jan 31, 2025

Links That Don’t Suck 🌐

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🤖 OpenAI releases o3-mini reasoning model following DeepSeek frenzy

🕵️ DeepSeek’s hardware spend could be as high as $500 million, new report estimates

🗺️ Meta in talks to reincorporate in Texas or another state, exit Delaware, WSJ reports

😡 Thousands of Costco workers prepare to strike with midnight contract deadline looming

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

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