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Danaher Shares Extend Decline Ahead of Key Fed, Economic Data
Danaher shares dropped 1.1% Friday, continuing a two-session decline. Trading volume was active as markets prepare for a holiday closure and a data-heavy week ahead.
IREN Gains Entry into MSCI USA Index Amid AI Pivot
IREN Limited is set to join the MSCI USA Index after the market closes on February 27, a move that could drive passive fund buying. The company's shares rose 2.85% on Friday, boosting its market capitalization to approximately $13.7 billion.
Merck Shares Surge to 52-Week High on Deutsche Bank Upgrade
Merck shares climbed to a 52-week high following an upgrade from Deutsche Bank, which raised its price target to $150. The company is set to present new bladder and kidney cancer data later this month.
Schwab Shares Dip on Mixed January Flows Ahead of Fed Minutes
Charles Schwab shares declined 1.4% to $93.72, underperforming the broader market, after reporting strong client inflows but a drop in sweep cash. Markets are closed Monday for the holiday.
DoorDash Shares Hold $160 Ahead of Q4 Earnings Report
DoorDash shares closed at $160.34 Friday, showing relative stability after a sharp decline. The company reports fourth-quarter earnings after markets close on Wednesday.
C.H. Robinson Recovers as Insiders Buy After AI-Driven Selloff
C.H. Robinson stock rose 4.9% on Friday, recovering from a steep selloff sparked by concerns over AI technology in freight brokerage. Company insiders bought shares after the decline.
Analog Devices Nears 52-Week Peak on Barclays Upgrade Ahead of Earnings
Analog Devices shares climbed 1.73% to $337.10 on Friday, approaching a 52-week high, following an upgrade by Barclays. The firm anticipates quarterly results on February 18.
McDonald's Shares Dip After Recent High; Analysts Boost Targets on Value, Digital Strategy
McDonald's shares fell 1.36% to $327.58 Friday, partially reversing prior gains. Analysts at Argus and Jefferies raised price targets, highlighting value offerings and digital initiatives.
AT&T Shares Dip Ahead of Fed Minutes, Telecoms Mixed
AT&T shares closed lower Friday, trimming weekly gains as investors positioned for key economic data. The telecom giant recently closed a $5.75 billion fiber acquisition.
Dell Stock Rebounds Ahead of Earnings Amid Chip Supply Concerns
Dell Technologies stock gained 4.1% Friday, partially recovering from Thursday's sharp decline triggered by Lenovo's warning about memory-chip shortages. Trading volume was elevated as markets prepare for Dell's upcoming earnings release.
Ford Shares Approach 52-Week Peak Ahead of Holiday-Shortened Week
Ford Motor closed Friday at $14.12, up 0.9%, bringing its weekly gain to about 2.3%. The stock now sits roughly 2.6% below its 52-week high of $14.50.