Market Movers: ASML Plunges on Earnings Revision, Walgreens Boots Alliance Soars, and Tesla’s Bitcoin Mystery

Tuesday saw a dip in major U.S. indices, with the Dow Jones Industrial Average dropping 0.75% to 42,740.42, the S&P 500 slipping by a similar margin to 5,815.26, and the Nasdaq falling nearly 1% to close at 18,315.59. Here’s a breakdown of the top stocks that captured the attention of retail traders and investors throughout the day:

ASML Holding (ASML):

The Dutch semiconductor giant experienced a significant 16.26% drop, closing at $730.43, after an accidental early release of its third-quarter earnings report. The company revised its 2025 net sales guidance downward to between 30 billion euros and 35 billion euros, a reduction from its previous forecast. This news sent shockwaves through the semiconductor sector.

Walgreens Boots Alliance (WBA):

The company reported a robust 15.78% increase, closing at $10.42. Walgreens’ fourth-quarter fiscal year 2024 sales exceeded analysts’ expectations, demonstrating growth across all segments. However, adjusted operating income saw a decrease of 37.7% on a constant currency basis.

Trump Media & Technology Group (DJT):

Shares in Trump Media & Technology Group dipped by 9.65%, closing at $27.06. The company’s Truth+ streaming service launched on the web and an Android app, with plans to expand to other platforms.

United Airlines Holdings (UAL):

The airline company saw a slight increase of 0.82%, closing at $64.05. United Airlines’ third-quarter revenue and adjusted earnings per share surpassed analyst estimates.

Tesla Inc. (TSLA):

Tesla’s stock saw a modest 0.19% increase, closing at $219.57. The electric vehicle giant made headlines for transferring nearly all of its Bitcoin holdings to unknown wallets, sparking speculation about the company’s cryptocurrency strategy. This move fueled discussions about Tesla’s future involvement in the cryptocurrency market.

The market remains volatile, and these movements highlight the ongoing shifts in investor sentiment across various sectors. As always, stay informed and consult with financial professionals before making any investment decisions.

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