US Stocks Mixed Ahead of Amazon Earnings Announcement

U.S. stocks traded with mixed results on Thursday as investors awaited Amazon's quarterly earnings release.

Market Summary

* Dow Jones Industrial Average (DJI): -0.28%
* S&P 500 Index (GSPC): +0.3%
* Nasdaq Composite Index (IXIC): +0.5%

Company News

* Amazon (AMZN): Investors eagerly anticipated the e-commerce giant's quarterly report, following Google's (GOOGL) disappointing cloud sales performance.
* Salesforce (CRM): Shares dipped after the software company announced management changes.
* Honeywell (HON): The conglomerate confirmed its plan to split into three separate entities.
* Ford (F): The automaker reported muted full-year guidance, causing its stock to drop.
* Skyworks Solutions (SWKS): Apple supplier saw its shares plummet as it lost business to Broadcom (AVGO).
* Roblox (RBLX): The gaming platform's stock declined after missing key quarterly metrics.
* Tesla (TSLA): The electric vehicle maker's shares extended losses, pressured by Ford's weaker outlook.

Economic Indicators

* Jobless claims rose to 219,000 last week, slightly above expectations.
* Continuing unemployment claims indicate a more challenging job market.

Policy and Economic Themes

* Tariff Jitters: Concerns about impending tariffs eased slightly, but companies remain alert to any potential impact on earnings.
* Tech and Chip Demand: Results from tech giants shed light on the strength of AI demand.
* Federal Reserve: Treasury Secretary Bessent suggested President Trump's desire to lower 10-year Treasury yields rather than cut interest rates.

Winners and Losers

* Peloton (PTON): Fitness equipment maker's stock surged on better-than-expected sales.
* Arm Holdings (ARM): Chipmaker's shares fell after underwhelming sales guidance.
* Qualcomm (QCOM): Semiconductor company also saw a decline in share price despite strong earnings.