Markets Fall Again; Q4 Results After the Bell: ADSK, SOUN & More

Market Performance - Market indexes are struggling despite positive Q4 earnings, with the Dow down -193 points (-0.45%), S&P 500 down -94 points (-1.59%), Nasdaq down -530 points (-2.78%), and Russell 2000 down -34 points (-1.59%) [2] - Over the last five trading days, all major indexes have declined, with the Nasdaq experiencing the largest drop at -6.8% [2] Housing Market - January Pending Home Sales decreased by -4.6%, significantly worse than the expected -1.0%, although it shows slight improvement from December's -5.5% [3] - High mortgage rates continue to hinder the housing market, alongside cold winter weather [3] Q4 Earnings Highlights - AutoDesk (ADSK) reported Q4 earnings of $2.29 per share, exceeding expectations of$2.13 and last year's $2.09, with revenues of$1.64 billion surpassing the $1.63 billion consensus [4] - SoundHound (SOUN) reduced its loss per share to -$0.05 from an estimated -$0.11, with revenues of$34.54 million reflecting +101% year-over-year growth [5] - Rocket Mortgage (RKT) beat earnings estimates by a penny at 4 cents per share, with revenues of $1.2 billion exceeding the$1.16 billion forecast [6] - Duolingo (DUOL) reported a +51% year-over-year increase in Daily Active Users (DAU) to 40.5 million, with revenues surpassing expectations, although shares fell -4% in late trading [7]