HSBC Upgrade Lifts CrowdStrike Ahead of Key Earnings Report
Technology Sarah Chen

HSBC Upgrade Lifts CrowdStrike Ahead of Key Earnings Report

CrowdStrike shares climbed 4.4% to $429.64 Friday following an HSBC upgrade to 'buy' with a $446 price target. The cybersecurity firm reports earnings March 3 during a holiday-shortened trading week.

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PepsiCo Shares Dip Amid Price Cuts and Dividend Hike
Earnings James Calloway

PepsiCo Shares Dip Amid Price Cuts and Dividend Hike

PepsiCo shares declined 0.8% to close at $165.94 on Friday, diverging from a positive market trend. The company plans to lower U.S. snack prices by up to 15% and raised its annual dividend to $5.92 per share.

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Morgan Stanley Gains as Inflation Data Shifts Rate Outlook
Markets Daniel Marsh

Morgan Stanley Gains as Inflation Data Shifts Rate Outlook

Morgan Stanley shares advanced 1.8% to close at $171.15 on Friday, buoyed by revised interest rate forecasts following January's inflation report. The financial institution also announced preferred dividend payments and filed its quarterly 13F.

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Constellation Energy Soars on Grid Plan, Data Center Deals
Markets Daniel Marsh

Constellation Energy Soars on Grid Plan, Data Center Deals

Constellation Energy shares jumped 4.5% to $288.43, extending a 10% rally from early February. Trader focus is on a PJM Interconnection grid plan and new data-center power supply deals.

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Verizon Shares Dip Ahead of Holiday, Executives Report Stock Transactions
Markets Daniel Marsh

Verizon Shares Dip Ahead of Holiday, Executives Report Stock Transactions

Verizon shares declined 0.9% to $49.01 in Friday's session, underperforming major telecom peers. Recent SEC filings disclosed stock award vesting and related share disposals by several top executives.

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Thermo Fisher Shares Extend Slide Amid Clario Acquisition Financing
Markets Daniel Marsh

Thermo Fisher Shares Extend Slide Amid Clario Acquisition Financing

Thermo Fisher Scientific shares declined 0.98% to $504.82 on Friday, extending a recent downturn. The company has raised $3.8 billion in senior notes to partially fund its acquisition of clinical data firm Clario.

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GE Vernova Shares Dip Ahead of Holiday, Wind Losses Offset Grid Demand
Markets Daniel Marsh

GE Vernova Shares Dip Ahead of Holiday, Wind Losses Offset Grid Demand

GE Vernova shares declined 1.77% to $802.13 on Friday, retreating from recent highs ahead of the Presidents Day market closure. The company balances robust orders for gas turbines and grid infrastructure with persistent challenges in its wind segment.

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Chevron Advances on $270M Hong Kong Asset Sale, Energy Sector Gains
Markets Daniel Marsh

Chevron Advances on $270M Hong Kong Asset Sale, Energy Sector Gains

Chevron shares closed higher Friday following the sale of its Hong Kong fuel operations to Bangchak Corporation for $270 million. The energy sector posted gains alongside a modest rise in crude oil prices.

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Vertiv Shares Dip Ahead of Holiday as Investors Assess Record Backlog
Earnings James Calloway

Vertiv Shares Dip Ahead of Holiday as Investors Assess Record Backlog

Vertiv Holdings shares retreated 0.8% Friday, closing at $234.53, as investors digested the company's record $15 billion backlog and strong quarterly results ahead of the U.S. market holiday.

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Seagate Shares Dip Ahead of Holiday as $600M Debt Exchange Looms
Markets Daniel Marsh

Seagate Shares Dip Ahead of Holiday as $600M Debt Exchange Looms

Seagate Technology shares declined Friday, trailing storage sector peers, as the company moves forward with a plan to exchange $600 million in notes for cash and equity. Trading pauses for the Presidents Day holiday.

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Boeing Gains Ahead of Holiday as Production, Regulatory Updates Draw Focus
Markets Daniel Marsh

Boeing Gains Ahead of Holiday as Production, Regulatory Updates Draw Focus

Boeing shares advanced 1.5% to $242.96 Friday, outperforming broader aerospace and industrial indexes. Investors assessed new production timelines, supply chain progress, and a fresh FAA safety proposal.

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Bank of America Closes at $52.55 Ahead of Holiday, CEO Pay Rises to $41M
Markets Daniel Marsh

Bank of America Closes at $52.55 Ahead of Holiday, CEO Pay Rises to $41M

Bank of America ended Friday's session at $52.55, a marginal gain of 0.06%, following a week that saw shares decline roughly 7%. The bank's board approved a 17% increase in CEO Brian Moynihan's 2025 pay package, bringing his total compensation to $41 million.

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