Most stocks fell on Wall Street following a disappointing update on inflation. But gains for Amazon and other influential Big Tech companies helped mask the losses on Thursday, and the S&P 500 edged up by less than 0.

The company’s reported adjusted earnings before interest, taxes, depreciation, and amortization of $17.9 million for the quarter, a 29% decline from last year and below Wall Street’s call for $19.4 million. Adjusted Ebitda margin fell to 21% from 29% a year ago.

Wall Street’s record-setting rally is due for a reality check, according to the latest report from Stifel’s Barry Bannister and Thomas Carroll.

Wall Street is not too hot on the stock due to Roku's history of weak profitability. The company needs to prove it can profitably benefit from growth in digital advertising, but that is the outlook management is offering for 2026. Assuming the company succeeds in improving margins, the stock should move higher over the next 18 months or so.

At least that’s what Wall Street’s fear gauge suggests. The VIX plunged to its lowest point of 2025 on Wednesday, just above 14 — roughly 30 percent below its long-run average of 20 — while the S&P 500 hit a record high for the second day in a row.

Wall Street’s investment landscape is quietly shifting. Following increased volatility in both the U.S. stock market and the crypto market, more institutions and high-net-worth investors are moving away from the strategy of simply holding assets and waiting.

Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected

Wall Street's position is clear. Nvidia stock is a buy. We'll know more after the company reports its Q2 results after the market close on Wednesday, Aug. 27.

U.S. stocks rose after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 rose 0.3% Wednesday.