Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- Tesla (TSLA) reported upbeat Q4 earnings and revenue, noting that its Cybertruck is on track to begin production later this year [more]
- IBM (IBM) reported upbeat Q4 revenue, though it was reported that the company plans to cut about 3,900 jobs [more]
- Chevron (CVX) announced a $75B stock repurchase program and raised its quarterly dividend 6% [more]
- Meta (META) ended its suspension of Donald Trump's Facebook and Instagram accounts [more]
- MasterCard (MA) reported upbeat Q4 results [more]
2. WALL STREET CALLS:
- UBS downgraded Pfizer (PFE), says COVID estimates need to drop [more]
- Raymond James upgraded FibroGen (FGEN) to Outperform from Market Perform [more]
- Wedbush downgraded Carter's (CRI) to Neutral [more]
- Wells Fargo downgraded Hyatt Hotels (H) to Equal Weight [more]
- Walmart (WMT) upgraded to Buy from Neutral at Tigress Financial [more]
3. AROUND THE WEB:
- Meta is paying BuzzFeed (BZFD) to generate creator content for Facebook and Instagram, WSJ reports [more]
- Shell (SHEL) has launched a review of its U.K. and German energy retail businesses, Reuters reports [more]
- Viceroy is short Medical Properties (MPW), accuses company of "pervasive revenue round-robin scheme" [more]
- Confluent (CFLT) chief revenue officer Shurtz to leave company, The Information reports [more]
- Sony's (SONY) Jim Ryan met with EU's Margrethe Vestager over Microsoft's (MSFT) proposed takeover of Activision Blizzard (ATVI), Reuters says [more]
4. MOVERS:
- Qualtrics International (XM) and STMicroelectronics (STM) higher in New York after reporting quarterly results [more]
- DoubleVerify (DV) gains after being named to join the S&P 600 [more]
- Nucor (NUE) increases after reporting quarterly results and providing its outlook for Q1 [more]
- Paragon 28 (FNA) lower after announcing a 6.5M share offering [more]
- Sherwin-Williams (SHW) falls reporting quarterly results [more]
5. EARNINGS/GUIDANCE:
- Seagate (STX) reported upbeat Q2 results [more]
- Tractor Supply (TSCO) reported better-than-expected Q4 results [more]
- Comcast (CMCSA) reported upbeat Q4 earnings and revenue [more]
- American Airlines (AAL) reported better-than-expected Q4 earnings [more]
- JetBlue (JBLU) reported upbeat Q4 results but guided to worse-than-expected Q1 losses [more]
INDEXES:
The Dow rose 205.57, or 0.61%, to 33,949.41, the Nasdaq gained 199.06, or 1.76%, to 11,512.41, and the S&P 500 advanced 44.21, or 1.10%, to 4,060.43.