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Salesforce Gains Ahead of Holiday, AI Acquisition and Earnings in Focus
Salesforce shares closed at $189.72, up 2.3%, with heavy trading volume ahead of the market holiday. The company's recent AI acquisition and cost discipline are under scrutiny as investors await quarterly results.
Robinhood's February Metrics in Focus Amid Bitcoin Volatility
Robinhood Markets will report its January monthly metrics on February 19, following a holiday-shortened week. The update comes as Bitcoin pulls back from recent peaks, potentially impacting the platform's crypto-related revenue.
Lilly's Retevmo Hits Trial Goal in Early Lung Cancer, Stock Reaction Awaited
Eli Lilly announced positive Phase 3 results for Retevmo in early-stage RET fusion-positive non-small cell lung cancer. U.S. market closure delays stock reaction until Tuesday.
Exxon Mobil Faces Mixed Signals as Oil Prices Edge Up Ahead of Market Reopening
Exxon Mobil shares closed at $148.45 Friday, down 1%, with markets closed Monday. Oil prices rose slightly as traders eye U.S.-Iran talks and OPEC+ signals, while refinery safety incident and ongoing litigation present company-specific headwinds.
UnitedHealth Rallies Ahead of Key Medicare Decision
UnitedHealth Group shares closed 3.1% higher at $293.19 on Friday, marking a three-day rally. Investors are now focused on the upcoming final 2027 Medicare Advantage rate decision.
J&J Shares Face Post-Holiday Pressure After Latest Talc Verdict
Johnson & Johnson shares closed lower Friday after a jury found the company liable in a baby powder cancer case, awarding $250,000. Investors await Tuesday's trading after the holiday, with the ex-dividend date approaching.
Arista CEO Warns of Severe Memory Cost Pressures Amid AI Boom
Arista Networks CEO Jayshree Ullal highlighted worsening memory shortages and 'horrendous' component costs, citing intense AI data center demand. The company reported strong Q4 results and provided an upbeat Q1 revenue outlook.
Walmart Approaches Record High Ahead of Q4 Earnings, First Under New CEO
Walmart shares closed at $133.89, up 0.2%, pushing its market value to approximately $1.07 trillion. The retailer reports fourth-quarter results Thursday, marking the first earnings release under new CEO John Furner.
Oracle's $50B Cloud Funding Plan in Focus as Shares Rise Ahead of Holiday
Oracle shares gained 2.34% to close at $160.14 on Friday before U.S. markets closed for Presidents Day. Investors are assessing the company's plan to raise up to $50 billion next year to expand cloud infrastructure capacity.
Cisco's AI Chip Push Confronts Profit Margin Pressure
Cisco shares will resume trading Tuesday after a volatile week, with its new AI networking chip announcement overshadowed by a gross margin miss and rising component costs.
Intel's Turnaround Faces Scrutiny as Analyst Calls It a 'Show Me' Story
Intel shares edged higher ahead of the holiday, but a new Neutral rating highlights concerns over its ambitious turnaround plan. The company is expanding into AI chips and foundry services to regain momentum.
Warner-Paramount Talks Rekindle, Casting Shadow Over Netflix Deal
Netflix shares closed at $76.87, up 1.3%, ahead of a holiday-shortened week. Renewed discussions between Warner Bros Discovery and Paramount introduce potential complications for Netflix's deal.