Earnings
Marvell Technology (MRVL) shares jumped after the semiconductor company reported stronger-than-expected quarterly results and raised its outlook, with artificial intelligence infrastructure demand driving significant growth in its data center business.
Earnings
Okta (OKTA) reported stronger-than-expected fourth-quarter earnings and revenue, sending the stock higher as investors reacted to momentum in new identity security products and enterprise deals. However, the company’s guidance pointed to slower growth ahead, highlighting a mixed outlook.
Earnings
Broadcom (AVGO) shares moved higher after the semiconductor giant reported strong quarterly results driven by surging artificial intelligence chip demand and issued a stronger-than-expected revenue outlook for the next quarter.
Earnings
Ross Stores (ROST) shares surged after the off-price retailer reported stronger-than-expected fourth-quarter results, highlighted by double-digit sales growth and robust comparable-store sales, while management projected continued expansion in sales and earnings.
Earnings
Best Buy (BBY) shares surged after the electronics retailer posted stronger-than-expected fourth-quarter profits, even as revenue and comparable sales declined and fiscal-year guidance came in below Wall Street forecasts.
Earnings
Target (TGT) shares moved higher after the retailer delivered a sizable fourth-quarter earnings beat and projected a return to sales growth in 2026, even as comparable sales fell for the 13th straight quarter.
Earnings
Norwegian Cruise Line (NCLH) shares fell sharply after the company missed revenue expectations and issued a weaker-than-expected 2026 profit forecast, overshadowing solid cost controls and occupancy gains.
Earnings
Nvidia (NVDA) shares dropped sharply even after delivering stronger-than-expected fourth-quarter results and issuing robust guidance, as broader AI trade concerns weighed on market reaction.
Price Action
CAVA (CAVA) surged after beating fourth-quarter expectations and guiding to stronger 2026 comparable sales, highlighting how quickly sentiment can shift in the fast-casual space when forward visibility improves.
Earnings
Home improvement demand showed signs of stabilization. Home Depot (HD) reported fourth-quarter results that exceeded Wall Street earnings expectations. The retailer also provided a cautious fiscal 2026 outlook as housing market pressures persist. Key Points * Adjusted EPS of $2.58 beat analyst estimates of $2.53 * Revenue declined 3.8%
Earnings
Domino’s (DPZ) reported fourth-quarter revenue above expectations and continued U.S. market share gains, lifting shares higher. Despite solid comparable sales growth and a 15% dividend increase, the stock remains near a two-year low amid broader restaurant sector caution.
Earnings
Opendoor (OPEN) reported fourth-quarter revenue of $736 million, topping Wall Street estimates despite a year-over-year decline. Stronger-than-expected results and operational progress helped lift shares, even as profitability challenges and housing market risks remain.