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This message is brought to you by Nuveen. How would you invest if you knew the future was watching? At Nuveen, this isn't a theoretical question. It's a perspective that comes from navigating 125 years of market cycles, using foresight to innovate and adapt to the changing needs of investors, and remaining steadfast in the pursuit of lasting performance. Nuveen Invest like the future is watching. Visit Nuveen.com future to learn more. Investing involves risk principle Loss is possible.
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Hey listeners, it's Saturday, February 22nd. I'm Francesca Fontana for the Wall Street Journal and this is what's News in Markets. Our look at the biggest stock moves of the week and the news that drove them. Let's get to it. Kicking off another four day trading week, Tuesday started on a high note with the S&P 500 notching its second record high close of 2025. But investors are still cautious with talk of tariffs and warm and I found this really interesting. Per the latest survey from the American association of Individual Investors, bearishness among individual traders, the percentage who expects stock prices to fall over the next six months reached about 47% for the week ending February 12th. That's the highest since November 2023. Woof. And I'm curious to know what you think, so please email me@francesca.fontanasj.com I am really looking forward to hearing your 2 cent. All right, back to the week. On Thursday, Walmart's earnings rained on the index's parades. We'll come back to that. And the gloom stuck around with Friday's losses on the week. The Dow and the Nasdaq each fell 2.5%, while the S&P 500 fell 1.7%. First, let's talk Intel. Two of its chip making rivals are eyeing deals that would break the storied company in two. The Wall Street Journal reported last weekend that Broadcom has been looking at Intel's chip design and marketing business, while Taiwan Semiconductor Manufacturing has its eye on controlling some or all of Intel's chip plants. And that's according to people familiar with the matter. Now, Broadcom and TSMC aren't working together, and the talks are preliminary and largely informal. But the end result could be a breakup of Intel. And if you're asking how did intel go from global leader totally dominating the chip business for decades, to an acquisition target? Well, its recent struggles include manufacturing setbacks, a costly turnaround strategy and AI missteps. And you might remember that this isn't the first time intel was sought after. Last September, the Journal reported that Qualcomm had made a takeover approach to the company, and investors were clearly excited about the dual deal possibilities this week because intel shares surged 16% on Tuesday. And while the stock came back down to earth later in the week, it still notched a weekly gain of 5.3%. Now let's circle back to Walmart, retail giant leading American grocer used to be big on smiley faces. Remember that old logo? Well, Walmart investors weren't smiling at the company's latest quarterly report. Deal seeking shoppers boosted shares last year, but this year it might be a different story. Walmart did post strong profit and revenue for the holiday quarter, but it gave weaker than expected guidance for the year ahead. This jolted investors and had ripple effects throughout the market on Thursday because it cast some doubt on the strength of the US consumer. Walmart shares fell 6.5% on Thursday and declined further on Friday, ending with a weekly loss of 8.9%. Finally, let's talk about love. You know, Valentine's Day is over. It's done. And so maybe it's fitting that one of the biggest losers of the week was dating app company Bumble. Now Bumble's been trying to turn itself around, but late Tuesday the company forecast lower than expected earnings in the first quarter, disappointing investors. And it's not the only online dating stock that hasn't been so lucky in love lately. Earlier this month, rival Match, which owns Tinder, Hinge and Okiecupid, recently replaced its top executive, posted a drop in fourth quarter earnings and forecast sales below expectations. Now Bumble said it's got a plan to attract more users and improve its monetization strategy. And it's going to wind down 2 of its dating apps, fruits with a z. You know how cool stuff gets spelled and official, which is spelled normally. But that did little to stop the free fall, as Bumble shares lost a whopping 30% Wednesday and on the week lost 38%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in the Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Pierre Bienname with supervising producer Talia Bell. I'm Francesca Fontana. Have a great weekend and don't forget to email me whether you're feeling bullish or bearish about the stock market. I'll see you. Foreign.
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How AI and other megatrends will shape your investments Joe Davis, global chief economist at Vanguard reveals what market and global trends signify for the future economy.
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The headline is it's not all doom and gloom, much like we saw with the personal computer in the 80s. It went from Do I have to worry about this thing? Do I use it to no, actually, it could help, but yet it's change.
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Get more insights from Vanguard on how you can navigate an uncertain market@vanguard.com.