Summary of Key Points
Market Overview (October 30, 2025):
- Major U.S. stock indexes declined amid rising AI costs and cautious investor sentiment following U.S.-China presidential talks and the Federal Reserve’s recent interest rate cut.
- The S&P 500 fell by 1%, Dow Jones by 0.2%, and Nasdaq by 1.6%.
Meta Platforms (META):
- Meta’s stock dropped 11.3% after it reported third-quarter earnings below expectations, affected by a $16 billion one-time tax related to the One Big Beautiful Act.
- The company also alerted investors to a significant increase in AI-related spending for 2025.
Chipotle Mexican Grill (CMG):
- Shares fell 18.2% following lower-than-expected third-quarter sales and a reduced full-year sales forecast, primarily due to a decline in the key demographic of customers aged 25-34.
EMCOR Group (EME):
- Stock declined 16.6% despite exceeding sales and profits, as operating margins fell and full-year outlook was downgraded.
EBAY:
- Stock decreased 15.9% after beating sales and earnings expectations but providing a disappointing outlook for the holiday quarter due to a slowdown in goods import growth.
CH Robinson Worldwide (CHRW):
- Shares surged 19.7% as the company reported AI-driven efficiencies, significantly cutting operating expenses despite a reduced workforce.
Cardinal Health (CAH):
- Stock rose 15.4% after exceeding expectations in sales and profit for Q1 of fiscal 2026 and raising its full-year forecast, driven by demand for specialty medicines.
Moderna (MRNA):
- Shares increased by 13.9% after news of potential partnership talks with major pharmaceutical companies to address declining sales from its COVID-19 vaccine.
