CSL Announces CEO Transition Ahead of Key Earnings Report
Earnings James Calloway

CSL Announces CEO Transition Ahead of Key Earnings Report

CSL shares gained 1.7% as CEO Paul McKenzie announced his retirement, with Gordon Naylor appointed interim chief. Investors await half-year results and a briefing on leadership succession.

CSL
Westpac Shares Slide on CIO Retirement Announcement Ahead of Key Banking Results
Markets Daniel Marsh

Westpac Shares Slide on CIO Retirement Announcement Ahead of Key Banking Results

Westpac shares declined 1.8% following news that Chief Information Officer Scott Collary will retire this year. The broader banking sector softened ahead of Commonwealth Bank's earnings report, while consumer sentiment hit a 10-month low.

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AI Energy Startup Tem Secures $75M, Hasbro Rally Analyzed, Micro-Cap Plummets
Markets Daniel Marsh

AI Energy Startup Tem Secures $75M, Hasbro Rally Analyzed, Micro-Cap Plummets

London's Tem raises $75M in Series B funding to expand its AI-driven electricity platform. Hasbro stock shows a 69% rally but DCF suggests undervaluation, while Finaxo Environnement drops sharply in thin trading.

HAS
Linde Shares Gain as Analysts Revise Targets Amid Strong Backlog Outlook
Markets Daniel Marsh

Linde Shares Gain as Analysts Revise Targets Amid Strong Backlog Outlook

Linde shares rose 1.8% to $456.34 after analysts adjusted price targets, while the company projects robust 2026 earnings and maintains a record $10 billion project backlog.

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Snowflake Shares Surge as Jefferies Defends AI Position, Calls Selloff Overdone
Technology Sarah Chen

Snowflake Shares Surge as Jefferies Defends AI Position, Calls Selloff Overdone

Snowflake stock climbed nearly 5% in extended trading after Jefferies reaffirmed its bullish stance, dismissing recent AI-related concerns as excessive. Investors now await key inflation data and the company's upcoming earnings report.

SNOW
Vertiv Shares Gain in Extended Trading Ahead of Q4 Earnings Report
Earnings James Calloway

Vertiv Shares Gain in Extended Trading Ahead of Q4 Earnings Report

Vertiv Holdings saw its stock rise over 3% in after-hours trading Monday, as investors positioned ahead of its fourth-quarter and full-year results due Wednesday morning.

VRT
Merck Shares Drop on Insider Sale, Investors Await Key FDA Decision
Markets Daniel Marsh

Merck Shares Drop on Insider Sale, Investors Await Key FDA Decision

Merck & Co. stock fell 3.5% amid an executive share sale and underperformance versus a broader market rally. Traders are focused on an upcoming FDA ruling for Keytruda's ovarian cancer expansion.

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Applied Digital Ties Executive Compensation to Hyperscaler Leasing Targets, Shares Rally
Technology Sarah Chen

Applied Digital Ties Executive Compensation to Hyperscaler Leasing Targets, Shares Rally

Applied Digital shares surged 9.4% after the company linked executive stock awards to ambitious data-center leasing and profit milestones. An analyst raised the price target to $56 citing potential new hyperscaler contracts.

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Costco Shares Edge Lower Post-Market Despite Bernstein Target Hike
Earnings James Calloway

Costco Shares Edge Lower Post-Market Despite Bernstein Target Hike

Costco shares dipped slightly in after-hours trading, even as Bernstein raised its price target to $1,155. Investors await the retailer's quarterly results and February sales data due March 5.

COST
Chevron Gains in Extended Trading as Oil Rises; Tengiz Field Nears Full Output
Commodities Rebecca Torres

Chevron Gains in Extended Trading as Oil Rises; Tengiz Field Nears Full Output

Chevron shares advanced 0.9% after hours, tracking a more than 1% climb in crude prices. The company's Tengiz field in Kazakhstan has restored output to about 60% of capacity, targeting full production by February 23.

CVX XOM COP BP USO XLE
Johnson & Johnson Shares Dip in Extended Trading Amid Healthcare Sector Weakness
Markets Daniel Marsh

Johnson & Johnson Shares Dip in Extended Trading Amid Healthcare Sector Weakness

Johnson & Johnson stock declined 0.6% in after-hours trading Monday as healthcare stocks underperformed the broader market. The company faces ongoing talc litigation and will present at an industry conference next month.

JNJ SPY QQQ XLV
Bank of America Shares Dip Ahead of Key Economic Data, CEO Remarks
Markets Daniel Marsh

Bank of America Shares Dip Ahead of Key Economic Data, CEO Remarks

Bank of America stock edged lower in after-hours trading as investors await critical U.S. jobs and inflation reports. CEO Brian Moynihan is scheduled to speak Tuesday.

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