The S&P 500 added 0.9% on Tuesday, Jan. 28, 2025, bouncing back from the prior day's selloff in advance of the Fed's interest-rate decision on Wednesday.

Starbucks (SBUX) exceeded first quarter revenue expectations, reporting $9.40 billion against analysts' estimates of $9.31 billion. BTIG managing director and restaurant analyst Peter Saleh joins Julie Hyman and Josh Lipton on Market Domination Overtime to discuss the company's results and growth trajectory.  "Starbucks is a top pick for us this year. We think you're going to start to see some of these results in the back half of fiscal '25," Saleh says. With new CEO Brian Niccol having taken the helm only in September 2024, Saleh acknowledges that change will be "slow," describing it as the "very early innings of this turnaround story." Since Niccol's arrival, Starbucks has prioritized throughput and faster service. Additionally, Saleh highlights the company's unprecedented move into television advertising during sporting events — a strategy he expects to be a "sales driver" in the latter half of 2025. While Saleh acknowledges that fundamentals need improvement, he suggests investors are more focused on other aspects of the company. "We want to hear about what the progress is" regarding efficiency, pricing, and future advertising strategy plans, Saleh explains. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith

Investing.com -- Stryker Corp reported fourth-quarter earnings that beat Wall Street estimates, with earnings of $4.01 per share, ahead of analysts’ expectations of $3.87. Revenue rose to $6.4 billion, slightly ahead of the consensus estimate of $6.36 billion.

A new push to make the stores more luxurious and inviting went into effect this week.

JetBlue’s unit revenue guide implied deceleration year over year despite all the changes it has been making,” offered Melius Research analyst Conor Cunningham.

The web services and cybersecurity specialist's share price ended the day's trading up 10.7% amid the backdrop of a 0.8% gain for the S&P 500 index and a 2% jump for the Nasdaq Composite index. Despite sell-offs for the broader tech sector Monday, Cloudflare actually closed the day with significant valuation gains, and its rally continued in today's session. Before the market opened today, JMP Securities published a new note maintaining an outperform rating on Cloudflare.

The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.46 per share. The insurer posted revenue of $14.18 billion in the period. Its adjusted revenue was $14.29 billion, missing Street forecasts.

Assets at the fourth-largest ETF issuer hit $1.85 trillion, with flagship QQQ pulling in $10.4 billion over the quarter.

89bio (NASDAQ: ETNB) couldn't quite keep pace with the broader stock market on Tuesday. Investors were hesitant to buy shares of the clinical-stage biotech, following news that it was floating a new stock issue. Just after market close on Monday, 89bio divulged that it intends to raise as much as $287.5 million from a secondary stock issue.

U.S. stocks suffered a $1 trillion wipeout on Monday, the latest hiccup during what has been a hectic stretch for markets.