U.S. Stocks Decline: Snowflake, Circle, Arm Holdings, Trade Desk, and Gamestop Top Investors' Radar

Snowflake's stock fell 7.38% to $161.34 after announcing layoffs and pivoting towards AI-generated content. Circle's stock plummeted 20.11% to $101.17 after urging European policymakers to update the EU's digital asset framework and amid concerns over the CLARITY Act. ARM Holdings declined 1.41% to $134.96, but rose 8.14% in after-hours trading after announcing plans to sell AGI CPU chips to Meta Platforms. The Trade Desk's stock dropped 6.72% to $22.34 due to concerns over AI disrupting SaaS business models. GameStop's stock fell 0.96% to $22.81 after reporting mixed Q4 results.