AbbVie Gains on $8 Billion Bond Sale, Outperforms Slumping Market
Markets Daniel Marsh

AbbVie Gains on $8 Billion Bond Sale, Outperforms Slumping Market

AbbVie shares climbed 3.29% to $232.08 on Friday, defying a broader market decline. The pharmaceutical giant is set to raise approximately $7.95 billion through a seven-part bond sale settling March 4.

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AST SpaceMobile Shares Slide as European Satellite Service Launches
Technology Sarah Chen

AST SpaceMobile Shares Slide as European Satellite Service Launches

AST SpaceMobile shares declined sharply Friday, closing at $79.19, as Vodafone's European satellite venture commenced operations. Market focus shifts to the company's March 2 business update for launch timing details.

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KKR Shares Tumble Amid Private Credit Concerns, Investors Await CFO Remarks
Markets Daniel Marsh

KKR Shares Tumble Amid Private Credit Concerns, Investors Await CFO Remarks

KKR shares declined over 6% Friday following a dividend reduction and increased non-accruals at FS KKR Capital. The KBW Bank Index dropped 4.9% amid wider credit market anxieties.

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Synopsys Shares Slide on Outlook, China Concerns; Morgan Stanley Downgrades
Earnings James Calloway

Synopsys Shares Slide on Outlook, China Concerns; Morgan Stanley Downgrades

Synopsys shares declined sharply following its quarterly report, driven by concerns over China exposure and a slowdown in its core EDA business. Morgan Stanley downgraded the stock.

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CrowdStrike Shares Dip Ahead of Q4 Report Amid Product Launch, Analyst Target Cut
Earnings James Calloway

CrowdStrike Shares Dip Ahead of Q4 Report Amid Product Launch, Analyst Target Cut

CrowdStrike shares declined 2.39% to $371.98, ending a two-day rally. Jefferies reduced its price target to $500, while the company introduced its FalconID phishing-resistant MFA product ahead of quarterly results.

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Newmont Gains as Gold Nears $5,230, Bernstein Boosts Target to $157
Commodities Rebecca Torres

Newmont Gains as Gold Nears $5,230, Bernstein Boosts Target to $157

Newmont Corporation shares advanced nearly 2% to $130.00 on Friday, contrasting with broader market declines, as spot gold prices strengthened to approximately $5,230 per ounce. Analyst firm Bernstein upgraded the miner to Outperform and raised its price target significantly.

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ServiceNow Retreats After AI Workforce Launch; Focus Turns to Adoption Metrics
Technology Sarah Chen

ServiceNow Retreats After AI Workforce Launch; Focus Turns to Adoption Metrics

ServiceNow shares fell 1.18% to $108.01, giving back some of Thursday's 5% surge after unveiling new AI tools. Analysts highlight the shift from summarizing to action-taking AI but warn of implementation hurdles.

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Coinbase Shares Slide Amid Insider Sales, Broader Market Retreat
Crypto Sarah Chen

Coinbase Shares Slide Amid Insider Sales, Broader Market Retreat

Coinbase Global shares declined 2.88% to $175.85, pressured by insider selling disclosures and a risk-off market mood. The crypto exchange's stock traded over 11 million shares on Friday.

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SoFi Shares Tumble 7% Amid Inflation Jitters, Eyes on Fed and Jobs Data
Markets Daniel Marsh

SoFi Shares Tumble 7% Amid Inflation Jitters, Eyes on Fed and Jobs Data

SoFi Technologies shares dropped 7% to $17.76 Friday, pressured by hotter inflation data and shifting rate expectations. Traders now focus on upcoming U.S. jobs figures and the Federal Reserve's March policy meeting.

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Morgan Stanley Plunges 6% as Inflation, Credit Fears Rattle Financials
Markets Daniel Marsh

Morgan Stanley Plunges 6% as Inflation, Credit Fears Rattle Financials

Morgan Stanley shares tumbled 6.2% Friday, spearheading a decline in financial stocks amid persistent inflation worries and emerging credit anxieties. The broader market posted its worst monthly losses in a year.

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Duolingo Shares Plunge on Strategic Shift, Analyst Downgrades Mount
Earnings James Calloway

Duolingo Shares Plunge on Strategic Shift, Analyst Downgrades Mount

Duolingo shares tumbled 14% to $101 on Friday following a disappointing 2026 outlook and strategic pivot toward user growth, prompting several analyst downgrades ahead of Monday's trading session.

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Applied Optoelectronics Soars on Record Revenue, Bullish Data Center Outlook
Earnings James Calloway

Applied Optoelectronics Soars on Record Revenue, Bullish Data Center Outlook

Applied Optoelectronics shares skyrocketed 56.9% following a record quarterly performance and an upgraded revenue forecast, fueled by surging demand for high-speed data center optics.

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