Earnings
Southwest Airlines reported solid fourth-quarter results and issued 2026 earnings guidance well above expectations, as its shift to assigned seating and new fees reshapes the airline’s revenue model.
Macro
Gold prices fell sharply after hitting record highs as investors locked in gains, triggering broad declines across precious metals even as prices remained strong for the month amid economic and geopolitical uncertainty.
Earnings
Royal Caribbean shares jumped after the cruise operator issued 2026 earnings guidance above expectations, supported by record booking momentum despite fourth-quarter results coming in line.
Earnings
Earnings from Meta and Microsoft revealed a split market reaction, as investors rewarded clearer links between AI spending and near-term profits while questioning paths with heavier capital intensity.
Earnings
Tesla reported its first annual revenue decline as earnings topped estimates and management outlined a sharper shift toward artificial intelligence, robotics, and large-scale investment beyond its core auto business.
Earnings
Caterpillar posted stronger-than-expected fourth-quarter earnings as demand tied to AI data center power needs drove sales, with investors weighing solid results against cautious 2026 margin guidance.
Earnings
Microsoft topped revenue and earnings estimates, but shares fell as investors focused on cloud growth moderation and the rising cost of artificial intelligence infrastructure.
Earnings
Meta shares jumped after strong earnings highlighted how artificial intelligence investments are driving advertising growth and near-term revenue momentum.
Earnings
Earnings from major defense contractors delivered mixed signals, with RTX and General Dynamics beating quarterly expectations, while Northrop Grumman’s forward outlook tempered enthusiasm despite strong results.
Earnings
Starbucks reported stronger-than-expected quarterly sales driven by higher customer traffic, but earnings fell short as labor costs, coffee prices, and tariffs continued to pressure profitability.
Earnings
ASML reported record orders and raised its outlook as AI-driven chip demand stayed strong, while Texas Instruments’ upbeat forecast reinforced signs of improving conditions across the semiconductor sector.
Price Action
Seagate Technology shares jumped Wednesday as a strong earnings beat and upbeat outlook drove buying interest, lifting related storage and memory names and highlighting how investors reacted to AI-driven demand signals