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Phillips 66 beats estimates as strong refining profits help offset lower midstream performance
Refining margins and throughput drive Phillips 66's Q4 profitPhillips 66's crude capacity utilization rose to 99% in Q4Analysts warn of lower utilization impacting Q1 estimatesBy Tanay Dhumal and Nicole Jao NEW YORK, Feb 4 (Reuters) - Phillips 66 PSX.N outperformed Wall Street expecta...Reuters
Wed, Feb 4
US STOCKS-Wall Street drops as AI worries hit tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportS&P 500 -0.64%, Nasdaq -1.74%, Dow +0.18%By Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks dropped on Wednesday, with losses...Reuters
Wed, Feb 4
CORRECTED-BREAKINGVIEWS-Walmart offers 13-digit ode to consistency
By Sebastian Pellejero NEW YORK, Feb 4 (Reuters Breakingviews) - Wall Street may worship disruption and the promise of new platforms that reshape how humans work, shop and think. Yet Walmart WMT.O has now crossed $1 trillion in market capitalization by stocking shelves better than its competitio...Reuters
Wed, Feb 4
Goldman Sachs slides on AI disruption fears
Shares of investment bank Goldman Sachs GS.N fall 4.03% to $901.54Analyst Brian Mulberry of Zacks Investment Management says GS pressure reflects two sentiment-driven fears: AI weighing on software valuations (GS software basket –6%) And concerns that legal/finance AI tools, e.g. Anthropic's Leg...Reuters
Wed, Feb 4
Veradermics soars in NYSE debut after upsized $256.3 million IPO
Shares of hair-restoration drug developer Veradermics MANE.N more than double in New York Stock Exchange debutStock opened for trading at $34 and rose as high as $40; last up 126.5% at $38.5MANE sold 15.1 million shares in an upsized IPO at $17 apiece to raise $256.3 millionIt had earlier planned on...Reuters
Wed, Feb 4
LIVE MARKETS-Wells bumps up Russell 2000 target
Nasdaq slides >1.5%, S&P 500 falls, Dow flatTech weakest S&P 500 sector; Energy leads gainersDollar gains; crude climbs >3%; gold declines; bitcoin falls ~3%US 10-Year Treasury yield edges down to ~4.27%Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Wed, Feb 4
Boston Scientific slides after quarterly sales of key products disappoint
Shares of medical device maker Boston Scientific BSX.N tumble 14% to $78.72 Stock set for its biggest pct fall in over 5 years, if losses hold BSX expects 2026 adjusted EPS of $3.43 to $3.49, the midpoint of which is below analysts' average estimate of $3.47 - LSEG-compiled dataSees net sal...Reuters
Wed, Feb 4
U.S. STOCKS ON THE MOVEx-IDEX Corp, Union Pacific, Qualcomm
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500, Nasdaq and the Dow fell, as the market still grappled with the selloff in some software and cloud stocks. .N At 13:30 EST, the Dow Jones Industrial Average .DJI was dow...Reuters
Wed, Feb 4
Dip-buyers go missing as software selloff slams stocks
Software sector sees worst selloff since 2022, few buyers emergeOptions traders show defensive stance, avoiding dip-buying in software sharesMicrosoft attracts buyers despite sector's bearish tone, short interest risesBy Saqib Iqbal Ahmed NEW YORK, Feb 4 (Reuters) - The software sector's ...Reuters
Wed, Feb 4
Why Powell Industries Surged Today
Key PointsPowell Industries came up short on revenue but handily beat on the bottom line in the December quarter. Its orders surged 63%. Powell is benefiting from the entire electricity delivery chain to AI data centers, from production to refining to electricity generation and delivery. 10 stocks w...The Motley Fool
Wed, Feb 4
Why 8x8 Stock is Skyrocketing Today
Key PointsManagement's fourth-quarter guidance came in well above Wall Street's forecasts.Despite the big jump, 8x8 trades at just 6.8 times forward earnings.10 stocks we like better than 8x8 › 8x8 (NASDAQ: EGHT) is having a fantastic day. Following a great earnings report, the cloud-based communica...The Motley Fool
Wed, Feb 4
Up Over 1,200% Since 2023, Is It Too Late to Buy Nvidia Stock?
Key PointsNvidia's revenue and earnings have exploded over the past few years.Wall Street expects another strong year in 2026. 10 stocks we like better than Nvidia › "The one that got away" stories are common in life. Whether you're talking about a past significant other, a big fish, or a stock, eve...The Motley Fool
Wed, Feb 4
2 Quantum Computing Stocks to Buy Hand Over Fist in February
Key PointsD-Wave uses its quantum systems to help companies optimize their workflows.IonQ could shrink quantum computers with its trapped-ion chips.Both companies could grow much larger as the quantum market expands.10 stocks we like better than D-Wave Quantum › Quantum computers could represent the...The Motley Fool
Wed, Feb 4
Cornerstone Buys $12 Million of VictoryShares Short-Term Bond ETF
Key PointsAcquired 245,676 shares of USTB; estimated trade size $12.5 million based on quarterly average price.Quarter-end position value rose by $12.51 million, reflecting both trading and price changes.Change represented a 1.95% increase in 13F reportable assets under management (AUM).Post-trade p...The Motley Fool
Wed, Feb 4
Why Boston Scientific Stock Plummeted Today
Key PointsBoston Scientific grew sales and adjusted earnings per share by 16% and 14% in the fourth quarter.However, the company's guidance underwhelmed the market.Ultimately, Boston Scientific's earnings were fine, and its future looks bright, making today's move seem like an overreaction.10 stocks...The Motley Fool
Wed, Feb 4
How OpenAI's Revenue Growth Could Make These 3 AI Infrastructure Stocks Winners in 2026
Key PointsOpenAI has struck several massive deals with chipmakers and cloud computing providers.These three stocks may have the most riding on OpenAI's success.Some of these stocks are riskier than others.10 stocks we like better than Microsoft › OpenAI expects its revenue to explode over the next f...The Motley Fool
Wed, Feb 4
