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Western Digital Shares Dip Ahead of Key Fed Data and Inflation Report
Western Digital shares declined 0.9% to $281.58 on Friday amid light trading volume. Investors await Federal Reserve minutes and inflation data this week while monitoring company developments.
J&J Stock Dips After $250K Talc Verdict, Eyes on Appeal and Dividend
Johnson & Johnson shares declined 0.45% Friday following a $250,000 verdict in a talc litigation case. The company intends to appeal, with markets closed Monday for the holiday.
Arista Networks Surges on Strong AI Outlook, Memory Costs a Concern
Arista Networks shares climbed 4.8% Friday following an upbeat revenue forecast and strong quarterly results, fueled by AI infrastructure demand, even as rising memory costs pressure margins.
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
Netflix Shares Rebound Amid Escalating Warner Bros. Takeover Battle
Netflix shares recovered Friday, closing higher after recent declines as Paramount escalates its campaign against Netflix's Warner Bros. agreement through policy appointments and boardroom maneuvering.
Intel's Neutral Rating Highlights 'Show Me' Turnaround Challenge Ahead of Key Week
Intel stock closed slightly higher Friday after D.A. Davidson started coverage with a Neutral rating and $45 price target, labeling the chipmaker's recovery a 'show me' story. Trading resumes Tuesday post-holiday with Fed minutes and chip demand signals in focus.
Microsoft, Aramco Forge AI Alliance, Set 2026 Saudi Azure Launch
Microsoft and Saudi Aramco have agreed to collaborate on industrial artificial intelligence projects and workforce development. The tech giant confirmed its Saudi Arabia East Azure cloud region will commence operations in late 2026.
Shopify's $2B Buyback Amid AI Commerce Debate
Shopify unveiled a $2 billion share buyback following robust Q4 earnings, but Wall Street remains divided on how AI-driven 'agentic commerce' will affect the company's future.
AppLovin Shares Rebound on Strong Q4, Analysts Adjust Targets Amid AI Concerns
AppLovin shares climbed 6.4% to $390.55 on Friday, rebounding from Thursday's decline after reporting strong fourth-quarter results. Analysts adjusted price targets amid ongoing concerns about artificial intelligence's impact on the ad-tech sector.
Cisco Recovers After Margin Warning; AI Demand Faces Cost Test
Cisco shares rose 2.5% to $76.85, recovering some losses after a 10% plunge triggered by weaker-than-expected gross margins. The company reported $15.3B in revenue and $2.1B in AI infrastructure orders.