Analysts revamp forecasts as gold prices hit wall

Wednesday, October 22, 2025

U.S. equity indexes have been sagging all morning, but it might be a small consolation to know that it could be so much worse if you're a shareholder in any number of speculative and retail-popular small-cap stocks.

If you are, don't look now: Among today's worst-performing stocks are a star-studded cast of buzzy names that retail investors have embraced. There's energy aspirants such as Oklo, crypto-turned-infrastructure plays like Hut 8, and quantum-computing stocks a la D-Wave Quantum. All these names are down double digits.

Aside from these, stocks are sagging at midday. The Dow (-0.27%) is doing the best of the major indexes, followed by the S&P 500 (-0.45%) and Nasdaq Composite (-0.97%). The small cap-focused Russell 2000 (-1.45%) rounds out the U.S. equity indexes.

Wednesday Reading:.

• Paramount employees get rude awakening after $8 billion merger
• GM CEO Mary Barra gives crucial update as stock jumps
• Top analyst updates Intel stock forecast before earnings
• Here are the hidden risks and biggest opportunities on Wall Street
• Amazon and Chewy just got a major vote of confidence
• Bank of America revamps Google stock price target ahead of earnings
• Cathie Wood sells $8 million of popular tech stock
• Analysts update Broadcom stock forecast

The declines come as earnings season begins to hit its stride. While investors have been positive about some reports in recent days, including General Motors yesterday and Intuitive Surgical today, we've also seen negative reactions to reports from Netflix and GE Vernova.

And of course we have a lot more earnings where those came from. After hours we'll be in for three of today's biggest reports: Tesla, SAP and IBM are scheduled. The automaker, software-services, and giant tech companies will hope to put stocks back on the right foot.

TurboTax Via TheStreet

• How taxes on partnerships work
• Types of tax-advantaged accounts 
• What is a wealth tax?

-- Noah Weidner, Markets Reporter

Analysts revamp forecasts as gold prices hit wall

Here's what could happen to gold next.

[READ ARTICLE]

EDITOR'S PICKS

Markets 📉

Stock Market Today: Stocks Decline As Earnings Season Picks Up Pace

Earnings from Intuitive Surgical, Thermo Fisher, and AT&T are already out this morning

Jean Chatzky sends urgent message on 401(k) plans

The former NBC Today Show financial editor emphasizes a crucial retirement savings reality.

Daily Deals 💥

Walmart is selling a 'stunning' $330 pyramid patio heater for $239

Shoppers are so pleased with it, they're considering buying a second.

Walmart is selling a $900 2-in-1 Lenovo laptop and tablet for $399, and it's flying off the shelves

"Enough power for daily productivity, media streaming, and school or work tasks."

Investing 💰

Hotel subscriptions are becoming popular but are they worth it?

Wyndham became the latest hotel giant to launch a subscription loyalty program.

Another blockchain platform shuts down after market crunch

The company announced it would cease all business activity on Oct. 21.

PREMIUM PICKS: TIPS FROM THE EXPERTS 🔑

Precious Metals Selloff Can Help Drive Gold to $5,000 Ultimate Price Target

Record Stocks, Weaker Yen: What's Next for Japan's Sanae Takaichi

You can update your preferences  or unsubscribe from this list.

Terms of Use  |  Privacy Policy

©2025 TheStreet, Inc.

200 Vesey Street, 24th Floor, New York, NY 10281