RTX stock price rises on Raytheon drone-swarm defense test, even as market slips
RTX shares climbed 2.3% to $201 Thursday afternoon, outperforming a falling S&P 500. Raytheon demonstrated a
Wells Fargo stock drops again as WFC slides with banks ahead of Friday CPI
Wells Fargo shares fell 2.7% to $86.53 Thursday afternoon, underperforming U.S. financial stocks ahead of Friday’s inflation data. The Financial Select Sector SPDR Fund dropped 1.5%, while the S&P 500 ETF slipped
Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns
Citigroup shares dropped 4.2% to $112.45 in Thursday afternoon trading, extending losses as U.S. bank stocks slid ahead of Friday’s CPI data.
Costco stock jumps near $1,007 as traders brace for CPI and March earnings
Costco shares climbed 2.9% to $1,006.71 on Thursday, outperforming most large retailers as tech stocks slid. Investors are watching Friday’s U.S. CPI
Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus
Thermo Fisher shares fell 4.3% to $504.53 Thursday afternoon, extending a recent slide. The company expects to settle a $3.8 billion debt
Johnson & Johnson stock bucks tech-led selloff — here’s what moves JNJ next
Johnson & Johnson shares climbed 1.7% to $244.97 Thursday afternoon, outperforming a falling S&P 500. The company reported 2025 sales rose 6%
Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus
Chevron shares fell 1.4% to $183.25 as oil prices dropped sharply after the IEA flagged weaker demand and rising supply. Exxon Mobil and BP U.S. shares also declined, tracking crude. Chevron was named winning bidder for Libya’s Sirte S4 exploration license, pending a production-sharing agreement. Venezuela may grant Chevron and Repsol new oil blocks this week, according to Bloomberg sources.
AT&T stock price climbs as telecoms buck tech slump ahead of U.S. CPI
AT&T shares rose 2.1% to $29.06 Thursday afternoon, outperforming a falling market as investors shifted from tech stocks ahead of Friday’s U.S.
AbbVie stock jumps as Botox Medicare lawsuit puts Washington back in focus
AbbVie shares rose nearly 3% after the company sued U.S. health agencies to block Medicare price controls for Botox. The lawsuit argues
CoreWeave stock price flips higher after a 5% dip as AI nerves hit tech
CoreWeave shares rose 0.2% to $95.36 after swinging between $90.38 and $97.67, with 15.3 million shares traded. SEC filings showed insider selling,
IBM stock sinks as investors demand “prove it” results on AI spending
IBM shares fell 4.5% to $260.66 in Thursday afternoon trading, with volume at 8.5 million, as tech stocks broadly declined. The drop
Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs
Ford projected 2026 adjusted EBIT of $8 billion to $10 billion after posting a $8.2 billion net loss in 2025, citing electric-vehicle charges and higher costs. The company expects $5 billion to $6 billion in adjusted free cash flow and $9.5 billion to $10.5 billion in capital spending this year. Ford’s EV unit lost $4.8 billion in 2025. Shares rose about 1% to $13.98 in afternoon trading.
Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell
Coinbase shares fell 8% to $140.95 Thursday afternoon ahead of its fourth-quarter results, due after the market close. Analysts cited weak crypto prices and trading volumes, with Monness, Crespi, Hardt downgrading the stock to “tactical sell.” Bitcoin dropped 2.2% to $65,644. Investors await updates on trading fees and stablecoin-driven revenue.
Lumentum stock price rises as tech slips, with CEO filing and investor talks in focus
Lumentum shares climbed 3% to $591.49 Thursday, defying declines in major U.S. tech indexes. CEO Michael Hurlston had 20,169 shares withheld at $551.99 to cover taxes on vested stock awards, according to an SEC filing. Management is set to appear at Susquehanna and Morgan Stanley investor conferences later this month and in early March.
GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters
GE Vernova shares slipped 0.6% to $819.07 Thursday, pulling back after hitting a 52-week high the previous day. The company recently raised its 2026 revenue outlook to up to $45 billion and completed a $5.3 billion buyout of transformer-maker Prolec GE. Orders last quarter jumped 65% to $22.2 billion. Broader markets fell, with the Nasdaq down 1.6% in afternoon trading.
Carvana stock (CVNA) falls again after court order as earnings loom
Carvana shares dropped 4.9% to $346.36 Thursday, extending losses after a U.S. court ordered the company to produce withheld email attachments in ongoing securities litigation. The order, signed Feb. 10, compels disclosure of communications tied to DriveTime. Investors remain cautious ahead of Carvana’s Feb. 18 earnings report. Executive Thomas Taira sold 1,047 shares on Feb. 9, SEC filings show.
Western Digital stock jumps above $300 intraday as AI storage winners buck tech selloff
Western Digital shares jumped 7.3% to $293.84 Thursday, briefly topping $300, as Seagate rose 8.7% and major U.S. indexes fell. The gains followed Western Digital’s AI-focused product roadmap and a $4 billion buyback announcement. NetApp and Pure Storage dropped. Investors await Friday’s U.S. CPI report.
Applied Materials stock slides on $252.5 million China export settlement as earnings loom
Applied Materials shares fell 3% after agreeing to pay $252.5 million to settle U.S. export-control violations tied to unlicensed chipmaking tool shipments to China. The Commerce Department said the penalty is its second-largest ever. DOJ and SEC closed their reviews without enforcement. Investors await earnings and guidance on China exposure.
Spotify stock slips 7% as post-earnings rally fades and analysts trim targets
Spotify shares fell 7.3% to $451.47 on Thursday, reversing gains from an earlier earnings rally. The stock swung between $438.07 and $489.10 as investors weighed AI spending and streaming economics. Spotify reported 751 million monthly active users and 290 million premium subscribers for the December quarter. Markets await further strategy details at Spotify’s May 21 Investor Day.
Schwab stock wobbles as CEO pushes back on AI threat; here’s what Wall Street is watching next
Charles Schwab shares fell 0.7% to $94.81 midday Thursday, extending losses after an AI-driven selloff hit brokers earlier in the week. CEO Rick Wurster said the market is “missing” Schwab’s AI strengths. The stock traded between $92.84 and $96.27. Schwab’s January activity report is due Feb. 13 before the market opens.
Heating Oil Price Slides Nearly 3% as IEA Demand Cut Hits Crude, Distillates in Focus
U.S. heating oil futures dropped 2.7% Thursday, with the front-month contract down 6.56 cents at $2.3748 a gallon by midday. Distillate fuel oil stocks fell 2.7 million barrels to 124.7 million last week, including a 2.1 million-barrel drop on the East Coast. Crude and product prices tracked a broader oil selloff after the IEA cut its 2026 demand outlook.
Gasoline prices drop hard as U.S. fuel stocks rise again; refiner shares slide
U.S. RBOB gasoline futures dropped 3.4% to $1.9118 a gallon Thursday as crude prices fell and gasoline inventories rose by 1.2 million barrels. Shares of Valero, Marathon Petroleum, and Phillips 66 declined in midday trading. The market awaits the next EIA inventory report on Feb. 19 for signals on demand and refinery activity.
Oil prices slide after IEA trims 2026 demand view, pulling Brent back under $70
Oil prices fell over $1 a barrel Thursday after the International Energy Agency cut its 2026 demand growth forecast and projected a supply surplus. Brent crude dropped $1.26 to $68.14, WTI fell $1.24 to $63.39. U.S. crude inventories rose by 8.5 million barrels last week. OPEC+ will meet March 1 to discuss output policy for April.
XRP price today: $1.35 in focus after Ripple’s Aviva deal and a Binance RLUSD update
XRP fell 0.4% to $1.35 Thursday, down 35% over the past month, as Ripple announced Aviva Investors will tokenise fund structures on the XRP Ledger. Binance opened RLUSD deposits on XRPL. Traders focused on Friday’s U.S. CPI report, seen as a key test for risk assets.
Natural gas prices jump after EIA storage draw — what traders are watching next
U.S. natural gas futures rose 2.6% to $3.241/mmBtu Thursday after the EIA reported a 249 billion cubic feet storage withdrawal, leaving stocks at 2,214 Bcf—below last year and the five-year average. Traders cited shifting weather forecasts and storage data as key market drivers.
Gold price slips as U.S. jobs surprise cools Fed cut bets; traders eye Friday CPI
Spot gold slipped 0.4% to $5,059.87 an ounce Thursday after strong U.S. jobs data trimmed hopes for near-term Fed rate cuts. April U.S. gold futures fell 0.3%. Tensions with Iran limited further losses. Investors await Friday’s U.S. CPI report for direction.
ICON stock sinks nearly 40% after accounting probe pulls guidance; what investors watch next
ICON shares plunged 39% after the company disclosed an internal accounting investigation and withdrew 2025 guidance. The firm delayed its annual results to on or before April 30, citing possible revenue overstatements for 2023 and 2024. Evercore suspended coverage, while Leerink Partners downgraded the stock. About 14.6 million shares changed hands by midday Thursday.
Bank of America stock drops nearly 3% as CPI looms and rate bets shift
Bank of America shares dropped 2.8% to $52.32 in late-morning trading Thursday, tracking declines across major U.S. banks ahead of Friday’s inflation report. JPMorgan Chase, Wells Fargo, Citigroup, and Goldman Sachs also fell between 2.5% and 3.7%. Investors are adjusting positions as the Consumer Price Index data could shift Federal Reserve rate expectations. CEO Brian Moynihan this week reaffirmed targets for profit and net interest income growth.
JP Morgan stock price today: JPMorgan shares slide nearly 3% as banks sink ahead of CPI
JPMorgan shares fell 2.9% to $301.93 Thursday, leading declines in U.S. bank stocks as traders awaited Friday’s January CPI report. Bank of America dropped 3.3%, Citigroup 4.1%, and Wells Fargo 2.8%. Rate-cut bets eased after strong jobs data Wednesday. Investors also reacted to concerns over AI’s impact on financial sector fees.
T-Mobile stock jumps today as TMUS lifts 2027 cash outlook and ramps buybacks
T-Mobile US shares jumped 4.3% to $218.60 Thursday after the company raised its 2027 revenue and cash flow targets and said it would double first-quarter buybacks to as much as $5 billion. The company reported 962,000 postpaid phone net adds in Q4, but churn rose to 1.02%. T-Mobile also plans a euro-denominated bond offering. Management will stop reporting postpaid phone adds, shifting focus to account growth and ARPA.
Cisco stock slides nearly 11% after earnings as margin pressure spooks CSCO traders
Cisco shares fell about 11% to $76.21 Thursday after the company forecast lower gross margins for the next quarter despite raising its full-year revenue outlook. Second-quarter revenue rose 10% to $15.3 billion, but investors focused on margin pressure from rising memory costs. The drop weighed on other hardware stocks, including Arista, Dell, and HPE.
Strategy Inc (MSTR) stock slips as CEO pitches ‘Stretch’ preferred shares for Bitcoin funding
Strategy Inc shares fell 0.8% to $125.06 after CEO Phong Le said the company will shift funding from common equity to perpetual preferred shares. The firm recently bought 1,142 bitcoins for $90 million, bringing holdings to 714,644 coins. The next Stretch dividend record date is Feb. 15. Bitcoin rose about 1% to $67,099.
Netflix stock drops 5% as Warner deal pushback grows — what’s next for NFLX
Netflix shares fell 5.1% to $75.53 in late-morning Thursday trading amid uncertainty over its proposed deal with Warner Bros Discovery. Activist investor Ancora said it would oppose the Warner-Netflix deal and support Paramount’s rival bid. Paramount extended its $30-a-share cash offer and pledged to cover Warner’s $2.8 billion breakup fee to Netflix. Traders are watching shareholder votes and antitrust reviews.
Salesforce stock slides again: Cimulate AI commerce deal lands ahead of Feb. 25 earnings
Salesforce shares fell 1.6% to $182.12 Thursday morning, near a 52-week low and down nearly 30% from a month ago. The company agreed to acquire AI firm Cimulate, with terms undisclosed, and will report quarterly results on Feb. 25. Salesforce has not commented on reports of job cuts.
Intel stock price today: INTC slips as Rakuten AI telecom deal puts MWC in focus
Intel shares fell 0.9% to $47.87 Thursday morning, lagging gains in other chip stocks despite renewed focus on its telecom AI strategy. The stock moved between $47.44 and $48.95. Investors remain cautious, seeking proof that Intel’s network and edge efforts will generate real orders. Traders are watching Mobile World Congress in March for customer wins or deployment news.
Broadcom stock slips as UBS touts TPUs, Cisco raises AI networking stakes
Broadcom shares fell 1.1% to $338.84 Thursday morning after touching $346.23 earlier. UBS reiterated a Buy rating and $475 price target, citing accelerating demand for Broadcom’s TPU chips and projected $60 billion in AI revenue for 2026. Cisco launched new AI data center chips this week, intensifying competition. ByteDance is developing its own AI chip and has been linked to both Samsung and Broadcom.