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KTCC News30 articles
Utilities Sector Surges on Falling Bond Yields, Key Fed Data Ahead
The utilities sector outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) climbing 2.8% to $46.50 as Treasury yields declined following mild inflation figures. Key earnings and regulatory approvals bolstered individual stocks.
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.
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.
Quantum Computing Stocks Rally Ahead of Key Earnings Reports
Quantum computing equities advanced Friday, led by Rigetti Computing and IonQ, as investors looked past a downgrade and toward upcoming quarterly results. Markets are closed Monday for the holiday.
Tech Sell-Off Deepens Ahead of Key Fed, Nvidia Events
Major technology stocks retreated sharply ahead of the holiday weekend, with Apple and Nvidia posting significant losses. The sell-off reflects growing investor anxiety over massive AI investments and margin pressures.
Costco Shares Approach $1,000 Ahead of Key March Earnings
Costco Wholesale shares gained 2% to close near $1,018, outperforming retail peers ahead of the Presidents Day market closure. The next major catalyst is the company's earnings and sales report scheduled for March 5.
Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile
Bitcoin declined 0.9% to $69,029 over the weekend, with ether dropping 3.4% to $2,006. Trading in U.S. spot bitcoin ETFs resumes Tuesday after the Presidents Day holiday.
Instacart Parent Soars on Strong Guidance, Eyes Key Catalysts Ahead
Maplebear Inc, parent of Instacart, closed up 9.2% at $36.30 following an upbeat quarterly forecast. The company reported a 14% rise in Q4 gross transaction value to $9.85 billion.
JPMorgan Lawsuit Advances as Judge Allows Key Cash-Sweep Claims
JPMorgan Chase shares held steady at $302.55 as a Manhattan judge allowed central cash-sweep breach-of-contract claims to move forward. The bank faces scrutiny over the interest rates paid on customer idle cash.
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.
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.
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.
Robinhood's January Metrics, Product Keynote to Guide Volatile Stock
Robinhood Markets shares closed sharply higher Friday but face a key test with January metrics due next week and a product keynote in March. The stock remains sensitive to retail trading and crypto volatility.
Apple Shares Slide on Regulatory Pressure and AI Delays Ahead of Key Week
Apple shares declined 2.3% to $255.78 Friday, marking a two-day drop exceeding 7% following an FTC warning letter and reported delays in AI-powered Siri features. The stock heads into the Presidents Day break having wiped out its 2026 gains.
Nvidia Shares Dip Ahead of Key Earnings Report, CEO Cancels India AI Summit
Nvidia shares declined on Friday, with the AI chip leader set to report quarterly earnings on February 25. CEO Jensen Huang has canceled his scheduled appearance at next week's India AI Impact Summit.
Joby Aviation Faces Key Week as Toyota Deepens Ties, Insiders Plan Sales
Joby Aviation shares closed at $9.90 ahead of the holiday break, with Toyota reportedly weighing a larger production partnership. Multiple executives have filed notices for potential stock sales.
Realty Income Nears 52-Week High Ahead of Key Earnings Report
Realty Income shares gained 1.36% to $65.66, nearing a 52-week high, as softer inflation data boosted rate-sensitive REITs. The company reports earnings on February 24.
PepsiCo Shares Dip Ahead of Key Investor Conference
PepsiCo shares fell 0.8% to $165.94 Friday as markets prepared for a holiday closure. Attention shifts to the company's Feb. 18 presentation at the Consumer Analyst Group of New York conference.
Coca-Cola Shares Dip Ahead of Key CAGNY Strategy Update
Coca-Cola shares edged lower Friday before a holiday break, with markets closed Monday. Investors are focused on the company's upcoming CAGNY conference presentation for strategic updates.
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.
Honeywell Declares Dividend, CEO Converts RSUs Ahead of Key Conferences
Honeywell International's board declared a $1.19 per share quarterly dividend payable in March, while CEO Vimal Kapur converted 2,742 restricted stock units. The stock rose 0.65% to $241.38 on Friday.
Coca-Cola Shares Dip Ahead of Key CAGNY Presentation
Coca-Cola shares declined slightly on Friday, with markets closed Monday for Presidents Day. Investors are focused on the company's upcoming presentation at the Consumer Analyst Group of New York conference.
PepsiCo Shares Dip Ahead of Key Investor Conference
PepsiCo shares fell 0.75% to $165.94 Friday, extending losses ahead of a long weekend. Investors await the company's Feb. 18 CAGNY conference for updates on pricing and cost initiatives.
Bank of America Shares Stabilize After Volatile Week; Key Data Ahead
Bank of America stock closed nearly flat at $52.55 following a sharp drop, as markets prepare for a holiday closure and key economic releases.
CoreWeave CEO Sells $7.7M in Shares Ahead of Key AI Earnings
CoreWeave's CEO sold $7.7 million in shares under a prearranged trading plan. The company's stock edged higher as markets prepare for a holiday closure and upcoming earnings from AI leaders.
Merck Shares Gain on Deutsche Bank Upgrade Ahead of Key Cancer Data
Merck shares advanced following a Deutsche Bank upgrade to Buy and a raised price target, with investors focused on upcoming oncology data at the ASCO GU symposium.
Lilly Builds $1.5B Obesity Pill Inventory Ahead of Key FDA Decision
Eli Lilly shares gained as the pharmaceutical giant disclosed a $1.5 billion inventory build for its experimental oral obesity treatment ahead of an anticipated FDA decision in April.
Walmart Gains as KeyBanc Boosts Target Ahead of Q4 Report
Walmart shares advanced Friday following a price target increase from KeyBanc Capital Markets. The retailer is set to report fourth-quarter results on February 19.
Anglo American Shares Slip Ahead of Key Results, De Beers Sale in Focus
Anglo American shares declined 2.3% to £35.84, underperforming the FTSE 100. CEO Duncan Wanblad emphasized selling De Beers as a top priority due to persistent diamond market weakness.
Rocket Lab Shares Slide Amid Space Sector Sell-Off, Key Test and Earnings Ahead
Rocket Lab shares dropped 5.2% amid a broader space stock sell-off. Investors are focused on an upcoming hypersonic test and the company's February 26 earnings report.