U.S. Stocks Mostly Lower, Nasdaq Drops Over 50 Points
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 hours ago
0mins
Should l Buy GXAI?
Source: Benzinga
- Market Performance: U.S. stocks traded mostly lower on Tuesday, with the Nasdaq Composite falling over 50 points, and the S&P 500 dropping 0.13% to 6,827.16, indicating a cautious investor sentiment amid market weakness.
- Company Highlights: Medtronic PLC (NYSE:MDT) reported an adjusted EPS of $1.36 for Q3, exceeding market expectations of $1.33, with quarterly sales of $9.017 billion surpassing the $8.905 billion forecast, showcasing the company's strong earnings capability.
- Sector Dynamics: Financial shares gained 0.9%, while materials stocks fell by 2%, reflecting a divergence in market performance as investors may be seeking more defensive investment opportunities amidst volatility.
- Economic Indicators: According to ADP Research, U.S. private employers added an average of 10,250 jobs per week during the four weeks ending January 31, up from 7,750 in the previous period, indicating an improving labor market trend.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GXAI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GXAI
About GXAI
Gaxos.ai Inc. is a technology-based company. The Company is focused on addressing health, longevity, and entertainment, through artificial intelligence (AI) solutions. The Company's offerings include health, wellness and gaming. Its flagship product is its gaming platform called Gaxos (Gaxos Gaming), created to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability for gamers and developers to utilize artificial intelligence to create and design in-game features, as well as to mint in-game features, such as skins, characters, weapons, gear, levels, and virtual lands, in the form of non-fungible tokens (NFTs) that allows users to have experiences and more control over in-game assets. Its Gaxos Health integrates AI-driven insights with individual biometric data and health goals to create Web and application based personalized wellness strategies for users.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Stocks Mostly Lower, Nasdaq Drops Over 50 Points
- Market Performance: U.S. stocks traded mostly lower on Tuesday, with the Nasdaq Composite falling over 50 points, and the S&P 500 dropping 0.13% to 6,827.16, indicating a cautious investor sentiment amid market weakness.
- Company Highlights: Medtronic PLC (NYSE:MDT) reported an adjusted EPS of $1.36 for Q3, exceeding market expectations of $1.33, with quarterly sales of $9.017 billion surpassing the $8.905 billion forecast, showcasing the company's strong earnings capability.
- Sector Dynamics: Financial shares gained 0.9%, while materials stocks fell by 2%, reflecting a divergence in market performance as investors may be seeking more defensive investment opportunities amidst volatility.
- Economic Indicators: According to ADP Research, U.S. private employers added an average of 10,250 jobs per week during the four weeks ending January 31, up from 7,750 in the previous period, indicating an improving labor market trend.
See More
Kraig Biocraft Laboratories Shifts to Production Phase
- Production Strategy Shift: Kraig Biocraft Laboratories announced its 2026 production strategy has officially transitioned into execution mode, targeting a monthly output of 10 metric tons of recombinant spider silk cocoons, marking an ambitious scale-up in the advanced materials market.
- Commercialization Progress: This production shift is seen as a pivotal step from planning to production, expected to drive sustainable supply contracts and downstream revenue visibility, thereby enhancing market competitiveness.
- AI Technology Partnership: Gaxos.ai finalized a deal with BytePlus, securing preferred pricing and early access to advanced video generation models, which is anticipated to enhance deployment speed and gross margins for its AI video tools.
- Enterprise Security Expansion: Bond completed a one-year pilot with one of the world's largest employers, and if converted into a broader rollout, it could generate over $10 million in annual revenue, highlighting its growth potential in the corporate security sector.
See More
Gaxos.ai Partners with ByteDance to Enhance AI Capabilities
- Strategic Partnership: Gaxos.ai has finalized a partnership with ByteDance's enterprise technology unit, BytePlus, securing preferred pricing and discounts on advanced video generation models, which will accelerate the integration of AI tools into its Art-Gen platform and significantly enhance market competitiveness.
- Cost Reduction: This collaboration is expected to lower infrastructure costs and improve scalability for Gaxos.ai, which in turn is projected to enhance gross margins and drive profitability across its AI solutions in health, wellness, and gaming sectors.
- Stock Surge: Following the announcement of the partnership with ByteDance, Gaxos.ai's shares surged nearly 55% in opening trades, indicating strong market confidence in the strategic collaboration and reflecting investor optimism about the company's growth potential.
- AWS Funding Support: Gaxos.ai also received funding from Amazon Web Services (AWS) for its AI-powered sales coaching platform, Gaxos Labs, which is expected to enhance platform security and operational efficiency through features like real-time call transcription and automated coaching insights.
See More
U.S. Stocks Show Mixed Performance in Morning Trading
- Dow Jones Index Gains: On Tuesday, the Dow Jones index rose approximately 0.1%, trading up 0.06% to 49,529.45 points after the market opened, indicating a mild optimistic sentiment despite mixed overall performance.
- NASDAQ and S&P 500 Performance: The NASDAQ fell 0.03% to 22,540.83 points, while the S&P 500 gained 0.04% to 6,838.63 points, reflecting a divergence between tech stocks and blue-chip stocks, prompting investors to monitor sector dynamics closely.
- Manufacturing Index Decline: The NY Empire State Manufacturing Index dropped to 7.1 in February from 7.7 in January and below the market estimate of 7, indicating a slowdown in manufacturing activity that could impact overall economic growth expectations.
- Improved Employment Data: According to ADP Research, U.S. private employers added an average of 10,250 jobs per week during the four weeks ending January 31, compared to 7,750 in the prior period, suggesting a gradual recovery in the labor market.
See More
Gaxos.ai Finalizes Partnership with Byteplus for AI Video Tools
- Partnership Finalized: Gaxos.ai has finalized a deal with Byteplus, securing preferred pricing and significant discounts on ByteDance's advanced video generation models, which will accelerate the deployment of AI capabilities in its Art-Gen platform, enhancing content creation ease and professionalism.
- Accelerated Market Penetration: This partnership positions Gaxos to rapidly penetrate the multi-billion-dollar global creator economy by embedding state-of-the-art AI video tools, reducing infrastructure costs and improving scalability, thereby strengthening the company's competitive advantage.
- AWS Support and Capital Plans: Gaxos is collaborating with AWS partner Caylent to develop a real-time sales platform featuring live call transcription, automated coaching insights, and post-call analytics, further enhancing its market competitiveness.
- Funding Initiative Launched: Gaxos recently launched a $3 million at-the-market stock offering through H.C. Wainwright, which is expected to provide additional funding support for the company's future growth.
See More
Gaxos.AI Partners with Amazon Web Services for AI Sales Platform
- Stock Surge: Gaxos.AI Inc. (GXAI) shares soared over 45% on Tuesday following the announcement of a partnership with Amazon Web Services (AWS), indicating strong market optimism and investor confidence in the company's growth potential.
- Platform Development Support: AWS will assist in developing the real-time AI sales platform named Gaxos Labs, which will incorporate live call transcription, automated coaching intelligence, and post-call analytics, aiming to enhance sales team performance through enterprise-scale deployment.
- Infrastructure Advantages: Built on a fully AWS-native infrastructure, Gaxos Labs will ensure rapid scalability, low latency, and commercial readiness, aiding the company in consolidating and prototyping core platform capabilities while reducing reliance on external providers for operational efficiency.
- Positive Market Reaction: On Stocktwits, retail sentiment around GXAI shifted from 'bearish' to 'extremely bullish', with message volumes increasing from 'high' to 'extremely high', reflecting enthusiastic investor reactions to the Amazon collaboration and further driving the stock price upward.
See More
U.S. Stocks Mostly Lower, Nasdaq Drops Over 50 Points
- Market Performance: U.S. stocks traded mostly lower on Tuesday, with the Nasdaq Composite falling over 50 points, and the S&P 500 dropping 0.13% to 6,827.16, indicating a cautious investor sentiment amid market weakness.
- Company Highlights: Medtronic PLC (NYSE:MDT) reported an adjusted EPS of $1.36 for Q3, exceeding market expectations of $1.33, with quarterly sales of $9.017 billion surpassing the $8.905 billion forecast, showcasing the company's strong earnings capability.
- Sector Dynamics: Financial shares gained 0.9%, while materials stocks fell by 2%, reflecting a divergence in market performance as investors may be seeking more defensive investment opportunities amidst volatility.
- Economic Indicators: According to ADP Research, U.S. private employers added an average of 10,250 jobs per week during the four weeks ending January 31, up from 7,750 in the previous period, indicating an improving labor market trend.
See More
Kraig Biocraft Laboratories Shifts to Production Phase
- Production Strategy Shift: Kraig Biocraft Laboratories announced its 2026 production strategy has officially transitioned into execution mode, targeting a monthly output of 10 metric tons of recombinant spider silk cocoons, marking an ambitious scale-up in the advanced materials market.
- Commercialization Progress: This production shift is seen as a pivotal step from planning to production, expected to drive sustainable supply contracts and downstream revenue visibility, thereby enhancing market competitiveness.
- AI Technology Partnership: Gaxos.ai finalized a deal with BytePlus, securing preferred pricing and early access to advanced video generation models, which is anticipated to enhance deployment speed and gross margins for its AI video tools.
- Enterprise Security Expansion: Bond completed a one-year pilot with one of the world's largest employers, and if converted into a broader rollout, it could generate over $10 million in annual revenue, highlighting its growth potential in the corporate security sector.
See More
Gaxos.ai Partners with ByteDance to Enhance AI Capabilities
- Strategic Partnership: Gaxos.ai has finalized a partnership with ByteDance's enterprise technology unit, BytePlus, securing preferred pricing and discounts on advanced video generation models, which will accelerate the integration of AI tools into its Art-Gen platform and significantly enhance market competitiveness.
- Cost Reduction: This collaboration is expected to lower infrastructure costs and improve scalability for Gaxos.ai, which in turn is projected to enhance gross margins and drive profitability across its AI solutions in health, wellness, and gaming sectors.
- Stock Surge: Following the announcement of the partnership with ByteDance, Gaxos.ai's shares surged nearly 55% in opening trades, indicating strong market confidence in the strategic collaboration and reflecting investor optimism about the company's growth potential.
- AWS Funding Support: Gaxos.ai also received funding from Amazon Web Services (AWS) for its AI-powered sales coaching platform, Gaxos Labs, which is expected to enhance platform security and operational efficiency through features like real-time call transcription and automated coaching insights.
See More
U.S. Stocks Show Mixed Performance in Morning Trading
- Dow Jones Index Gains: On Tuesday, the Dow Jones index rose approximately 0.1%, trading up 0.06% to 49,529.45 points after the market opened, indicating a mild optimistic sentiment despite mixed overall performance.
- NASDAQ and S&P 500 Performance: The NASDAQ fell 0.03% to 22,540.83 points, while the S&P 500 gained 0.04% to 6,838.63 points, reflecting a divergence between tech stocks and blue-chip stocks, prompting investors to monitor sector dynamics closely.
- Manufacturing Index Decline: The NY Empire State Manufacturing Index dropped to 7.1 in February from 7.7 in January and below the market estimate of 7, indicating a slowdown in manufacturing activity that could impact overall economic growth expectations.
- Improved Employment Data: According to ADP Research, U.S. private employers added an average of 10,250 jobs per week during the four weeks ending January 31, compared to 7,750 in the prior period, suggesting a gradual recovery in the labor market.
See More
Gaxos.ai Finalizes Partnership with Byteplus for AI Video Tools
- Partnership Finalized: Gaxos.ai has finalized a deal with Byteplus, securing preferred pricing and significant discounts on ByteDance's advanced video generation models, which will accelerate the deployment of AI capabilities in its Art-Gen platform, enhancing content creation ease and professionalism.
- Accelerated Market Penetration: This partnership positions Gaxos to rapidly penetrate the multi-billion-dollar global creator economy by embedding state-of-the-art AI video tools, reducing infrastructure costs and improving scalability, thereby strengthening the company's competitive advantage.
- AWS Support and Capital Plans: Gaxos is collaborating with AWS partner Caylent to develop a real-time sales platform featuring live call transcription, automated coaching insights, and post-call analytics, further enhancing its market competitiveness.
- Funding Initiative Launched: Gaxos recently launched a $3 million at-the-market stock offering through H.C. Wainwright, which is expected to provide additional funding support for the company's future growth.
See More
Gaxos.AI Partners with Amazon Web Services for AI Sales Platform
- Stock Surge: Gaxos.AI Inc. (GXAI) shares soared over 45% on Tuesday following the announcement of a partnership with Amazon Web Services (AWS), indicating strong market optimism and investor confidence in the company's growth potential.
- Platform Development Support: AWS will assist in developing the real-time AI sales platform named Gaxos Labs, which will incorporate live call transcription, automated coaching intelligence, and post-call analytics, aiming to enhance sales team performance through enterprise-scale deployment.
- Infrastructure Advantages: Built on a fully AWS-native infrastructure, Gaxos Labs will ensure rapid scalability, low latency, and commercial readiness, aiding the company in consolidating and prototyping core platform capabilities while reducing reliance on external providers for operational efficiency.
- Positive Market Reaction: On Stocktwits, retail sentiment around GXAI shifted from 'bearish' to 'extremely bullish', with message volumes increasing from 'high' to 'extremely high', reflecting enthusiastic investor reactions to the Amazon collaboration and further driving the stock price upward.
See More
