U.S. Movers: Costco Wholesale, DR Horton

Jan 21, 2025
Scott Peters
Costco Wholesale workers' union voted to strike at the end of January if wage negotiations fail. D.R. Horton reported a decrease in revenue and earnings in the fourth quarter.

COST DHI
Bank of America and Morgan Stanley reported higher-than-expected revenue and earnings, driven by an increase in fixed income revenue, investment banking fees, and net interest income. TSMC said quarterly profit soared to a record high.

BAC MS TGT UNH TSM
KB Home reported stronger-than-expected fourth quarter results, and home backlog surged. Signet Jewelers tightened its sales range and lowered its same-store sales outlook in the fourth quarter, following weak holiday-period sales.

KBH SIG IAC JPM WFC C
Pershing Square offered to acquire the real estate company Howard Hughes Holdings. Moderna lowered its 2025 revenue range by one billion dollars. Abercrombie & Fitch's holiday sales outlook disappointed some investors.

AEO ANF LULU HHC MRNA
Delta Air Lines guided higher revenue, pre-tax earnings, and free cash flow in 2025. Walgreens reported better-than-expected earnings in the latest quarter. TSMC reported record revenue in 2024, boosted by demand for artificial intelligence-linked advanced chips.

DAL TSM WBA

U.S. Movers: AAR Corp, Cal-Maine Foods

Jan 8, 2025
Scott Peters
Cal-Maine Foods reported a sharp jump in quarterly sales after the net average selling price for eggs soared. AAR Corp. reported a strong increase in sales in its latest quarter.

CALM AIR
Getty Images agreed to acquire Shutterstock for $3.7 billion and offered three options for shareholders to receive payment. Stryker is in advanced talks to acquire Inari Medical for $4.9 billion. Ulta Beauty lifted its fourth quarter outlook.

NVDA GETY ULTA NARI SYK


U.S. Movers: FedEX, Nike

Dec 20, 2024
Scott Peters
FedEx reported flat revenue and a decline in earnings in its latest quarter and announced its plans to separate its freight business. Nike said higher promotional incentives are likely to negatively impact its gross margins in the current quarter.

FDX NKE
Lamb Weston swung to a quarterly loss after production volumes fell and manufacturing costs rose. Micron Technology offered a weaker-than-expected outlook for the current quarter. Darden Restaurants raised its annual estimate after reporting higher revenue and earnings in its latest quarter.

DRI LW MU
Birkenstock reported a surge in earnings after sales in Europe and Asia jumped. Merck signed a licensing deal with China-based Hansho Pharmaceuticals to develop and commercialize its experimental obesity drug. 

BIRK GIS JBL MRK
Crypto-linked stocks advanced after the bitcoin hit a new record high. Pfizer reiterated its annual earnings outlook as the company plans to pare back non-core businesses and repay debt. EVgo turned volatile after a key shareholder sold stocks at a discount.

PFE SEDG RCAT EVGO COIN MSTR AVGO PANW

U.S. Movers: Broadcom, RH

Dec 13, 2024
Scott Peters
Broadcom said AI revenue jumped more than three-fold in the latest fiscal year, driven by strong demand for its processor and networking portfolio. RH lifted its fourth quarter and full-year sales outlook.

U.S. Movers: Adobe, Chewy, Uber

Dec 12, 2024
Scott Peters
Adobe reported a rise in revenue and earnings in its fiscal fourth quarter and estimated a slower increase in revenue in the current quarter.

ADBE CHWY UBER
Dave & Buster's Entertainment announced the departure of its chief executive, and the company said its quarterly loss expanded. GE Vernova estimated higher revenues and free cash flows in 2024 and 2025.

GM PLAY M


Oracle said revenue growth in its latest quarter was driven by the sustained demand for its cloud services. MongoDB lifted its outlook for the current quarter. Vail Resorts increased its annual operating earnings range on the back of gains linked to asset sales. 

MDB ORCL MTN
Lululemon Athletica reported strong quarterly revenue and earnings growth, and the retailer held out for positive holiday sales. Ulta Beauty reported higher sales but a decline in earnings in the fiscal third quarter. GitLab announced the appointment of a new chief executive and strong quarterly results.

GTLB LULU ULTA