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GANX News30 articles
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.
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.
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.
Spotify Shares Gain Ahead of Holiday Break Amid AI Market Tensions
Spotify shares advanced 2.8% Friday, closing at $458.34, while broader markets were mixed. Investors are navigating concerns over AI's impact on tech stocks ahead of a holiday-shortened week.
Qualcomm Gains Ahead of Holiday, Memory Shortage Weighs on Outlook
Qualcomm shares advanced 1.6% Friday, closing at $140.70 with 13.1 million shares traded. Markets are closed Monday for Presidents Day, with focus on persistent memory-chip shortages impacting smartphone chipmakers.
AbbVie Gains Ahead of Holiday; Investors Eye Pipeline and Pricing
AbbVie shares advanced 1.8% to $231.50 in Friday's session, outpacing peers. Trading volume was elevated as investors assess the company's strategic pivot and regulatory challenges.
Lam Research Gains as Chip Equipment Sector Rallies on Applied Materials Outlook
Lam Research shares advanced Friday, mirroring a sector-wide rally after Applied Materials issued an upbeat outlook. Markets are closed Monday for Presidents Day, shifting focus to upcoming economic data.
ServiceNow Gains on Inflation Data, Insider Moves and Leadership Shift in Focus
ServiceNow shares climbed 3.6% to $107.08 Friday, buoyed by a softer U.S. inflation report. Investors are monitoring insider transactions, a leadership transition, and the company's financial targets.
Real Estate ETFs Gain as Inflation Eases, Fed Minutes Loom
Real estate investment trusts and related ETFs advanced Friday as Treasury yields declined following lower-than-expected inflation figures. Investors now await Federal Reserve meeting minutes and key economic data.
Industrial Sector Gains on Inflation Data Ahead of Key Fed, PCE Reports
Industrial stocks advanced Friday, with the XLI ETF climbing 0.82% after cooler-than-expected inflation data. Focus now shifts to Federal Reserve minutes and the PCE inflation gauge due this week.
Materials Sector Gains on Inflation Data, Steel Slumps on Tariff Fears
The materials sector advanced Friday as a cooler inflation reading boosted sentiment, though steel and aluminum stocks retreated amid renewed tariff concerns. Copper prices held firm despite a significant build in exchange inventories.
Caterpillar Shares Gain Amid Insider Sale, Tariff Warning Ahead of Holiday
Caterpillar shares advanced 2.1% to $774.20 Friday following its annual report filing and an insider transaction, while management highlighted tariff headwinds and data-center demand.
Cloud ETFs Gain on Softer Inflation Data Ahead of Holiday
Cloud-focused exchange-traded funds advanced roughly 2.6% on Friday, led by the First Trust Cloud Computing ETF (SKYY), following softer U.S. inflation figures and a dip in Treasury yields. Trading resumes Tuesday after the Presidents Day holiday.
Communication Sector Stalls as Ad Worries Offset Gains
Communication services stocks lacked momentum entering a holiday-shortened week, with the sector's main ETF finishing essentially unchanged. Heavyweight internet stocks declined while telecom and media names provided some support.
Data Center Stocks Split as Nvidia Dips, Dell and Arista Gain Ahead of Key Data
Data center stocks showed mixed performance Friday, with Nvidia declining 2.2% while Dell and Arista Networks gained over 4%. Markets await Walmart earnings and critical economic data.
XRP Gains on Holiday Trading as Market Awaits Fed Minutes
XRP advanced 3.3% to approximately $1.52 during Sunday's limited trading session, while Bitcoin maintained levels near $69,000. Market participants are focusing on upcoming Federal Reserve minutes and inflation indicators.
Natural Gas Futures Gain as Traders Monitor Weather and LNG Exports
Natural gas prices advanced Friday as traders assessed late-February weather outlooks and stable LNG export activity. The U.S. gas rig count rose by three to 133 last week.
Salesforce Gains Ahead of Holiday, Investors Eye Key Earnings Report
Salesforce shares advanced 2.31% on Friday, offering a reprieve after a volatile period. Markets are closed Monday for the holiday, with the company's fiscal Q4 and full-year 2026 results due after the bell on February 25.
Palantir Gains on Defense Cloud Clearance, Faces Valuation Scrutiny
Palantir shares advanced 1.8% to $131.41 Friday following a key Defense Information Systems Agency authorization for its federal cloud service. Trading volume hit 49 million shares in a volatile session as investors balanced defense contract momentum with renewed valuation concerns.
MP Materials Gains Ahead of Holiday, Eyes Earnings and China Policy
MP Materials shares climbed 1.3% to $58.03 Friday, rebounding from a 5.4% drop. Markets are closed Monday for the holiday, with Q4 earnings and a China policy update next on the calendar.
Figma Shares Gain Ahead of Q4 Earnings Report
Figma shares advanced 2.3% to $22.53 on Friday ahead of the company's upcoming fourth-quarter earnings report scheduled for February 18.
Kraft Heinz Stock Gains Despite Downgrades, Capex Hike
Kraft Heinz stock closed higher Friday, overcoming analyst downgrades and a negative credit outlook after the company paused its breakup strategy and increased its capital expenditure forecast for 2026.
Salesforce Gains Ahead of Earnings as Investors Eye AI Monetization
Salesforce shares advanced as markets prepared for a holiday break, with attention turning to the company's upcoming quarterly results and AI strategy.
Chipotle Shares Gain After Major Investor Reveals 7.7% Stake
Chipotle Mexican Grill shares advanced 1.3% Friday, ending a three-day decline, following a regulatory filing showing Capital World Investors acquired a 7.7% stake. The company anticipates 1-2% menu price increases this year.
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.
KLA Announces $400M India R&D Campus, Stock Gains Ahead of Holiday
KLA Corp shares advanced Friday following news of a major R&D investment in India. The chip equipment maker plans to invest up to $400 million over a decade in a new Chennai campus.
CrowdStrike Gains on HSBC Upgrade Ahead of Earnings
CrowdStrike shares climbed 4.4% Friday following an upgrade to buy by HSBC, which set a $446 price target. Trading volume exceeded the 50-day average.
Vertiv Gains Investment-Grade Rating After Strong Earnings
Vertiv Holdings shares eased slightly Friday but posted a nearly 20% weekly gain after S&P upgraded its credit rating to investment-grade BBB- on strong earnings and surging orders.
Boeing Gains on Defense Contracts, Supplier Progress Amid FAA Scrutiny
Boeing shares advanced Friday as new defense awards and supplier quality improvements offset regulatory attention on older 737 aircraft inspections.
Chevron Gains as U.S. Eases Venezuela Sanctions; OPEC+ Meeting Looms
Chevron shares advanced Friday following eased U.S. sanctions on Venezuela's energy sector. Oil prices posted modest gains ahead of a key OPEC+ meeting scheduled for March 1.