After Hours Report

The S&P 500 (-0.3%), Nasdaq Composite (-0.6%), and DJIA (+0.1%) finished mostly lower today as mega-cap and tech names saw their recent rebound efforts modestly stalled, while early strength in the broader market succumbed to some afternoon selling pressure. 

The DJIA's modest gains were enough to secure record highs for the third consecutive session. 

While sector strength tilted positive for most of the session, it was eroded somewhat in the afternoon, with just five S&P 500 sectors finishing higher.  Losses were relatively modest across the six sectors that finished lower, though weakness in some of the market's weightiest names pressured the major averages. 

The communications services sector (-0.8%) finished with the widest loss as Alphabet (GOOG 318.63, -5.77, -1.78%) and Meta Platforms (META 670.72, -6.65, -0.98%) both finished lower. 

The financials sector (-0.8%) finished similarly as major banking and financial services names lagged today. 

Meanwhile, the consumer staples sector (-0.7%) faced a combination of weakness from this morning's economic data and earnings releases.  Walmart (WMT 126.70, -2.32, -1.80%) and Costco (COST 971.23, -26.36, -2.64%) finally faced some pressure after an exceptional start to the year following a flat December retail sales report (Briefing.com consensus 0.4%). 

Coca-Cola (KO 76.82, -1.16, -1.48%) finished modestly lower after beating EPS estimates but missing on revenues. 

The top-weighted information technology sector (-0.6%) finished at session lows after spending the first half of the session with modest gains. Datadog (DDOG 129.67, +15.66, +13.74%) was an earnings standout, and software names tracked higher for most of the session, but the iShares GS Software ETF (IGV) finished just 0.4% higher after holding a significantly higher gain. 

Microsoft (MSFT 413.27, -0.33, -0.08%) was unable to maintain its early strength, while NVIDIA (NVDA 188.54, -1.50, -0.79%) and Apple (AAPL 273.68, -0.94, -0.34%) added to the day's mega-cap weakness that saw the Vanguard Mega Cap Growth ETF finish 0.4% lower. 

The PHLX Semiconductor Index (-0.7%) finished even lower, pressured by sharp retreats across memory storage names such as Western Digital (WDC 262.56, -23.43, -8.19%) and Sandisk (SNDK 541.64, -41.76, -7.16%). 

While growth stocks largely underwhelmed today, there were a few defensive and cyclical pockets of the market that outperformed. 

The utilities sector (+1.6%) finished with the widest gain as all but one of its components finished higher. Vistra Corp. (VST 159.58, +6.61, +4.32%) led the advance after receiving an upgrade to Buy from Hold from Jefferies. 

Meanwhile, the real estate sector (+1.4%) traded higher as the House passed a bipartisan bill to reduce regulations and increase housing supply. 

The materials sector (+1.3%) also charted a gain wider than 1.0% due to strong performances from chemical stocks. 

Though the consumer discretionary sector (+0.5%) finished with only about half of its earlier strength, it still notched a solid gain due to solid post-earnings performances from Marriott (MAR 359.35, +28.14, +8.50%) and Hasbro (HAS 104.00, +7.24, +7.48%), along with strength in its homebuilder components. 

Amazon (AMZN 206.90, -1.82, -0.87%) traded modestly higher for much of the session but was unable to secure its first higher finish following its earnings report last Thursday afternoon. 

Outside of the S&P 500, the Russell 2000 (-0.3%) and S&P Mid Cap 400 (-0.1%) also ceded their early gains. 

All told, today's session started as a modest extension of the recent rebound effort, and while select pockets of the market finished with nice gains, weakness in mega-cap and tech spaces resulted in a mostly lower finish for the major averages. Action at the index level was still subdued as the market awaited its next catalyst in the form of more earnings and tomorrow's release of the January employment situation report. 

U.S. Treasuries registered gains in the overnight session, comforted by the calm seen in Japan's bond market despite speculation that the LDP's commanding victory in last weekend's snap election could stoke additional fiscal stimulus. Those gains persisted into today's cash session, courtesy mostly of a weak retail sales report for December and the recognition that employment costs moderated in Q4. The 2-year note yield settled down three basis points to 3.45%, and the 10-year note yield settled down five basis points to 4.15%. 

• S&P Mid Cap 400: +8.6% YTD
• Russell 2000: +8.0% YTD
• DJIA: +4.4% YTD
• S&P 500: +1.4% YTD
• Nasdaq Composite: -0.6% YTD

Reviewing today's data:

• January NFIB Small Business Optimism 99.3; Prior 99.5
• December Retail Sales 0.0% (Briefing.com consensus 0.4%); Prior 0.6%, December Retail Sales, ex-auto 0.0% (Briefing.com consensus 0.4%); Prior was revised to 0.4% from 0.5%
  • The key takeaway from the report is that spending on goods was down across most discretionary categories following some decent-sized gains in November. That will foment some concern about consumer spending fatigue at the end of last year, which of course included the holiday shopping period.
• Q4 Employment Cost Index 0.7% (Briefing.com consensus 0.8%); Prior 0.8%
  • The key takeaway from the report is that there was some moderation in employment costs on a year-over-year basis that will help temper inflation worries.
• December Import Prices 0.1%
• December Import Prices ex-oil 0.4%
• December Export Prices 0.3%
• December Export Prices ex-ag. 0.3%
• November Business Inventories 0.1% (Briefing.com consensus 0.2%); Prior was revised to 0.2% from 0.3%

Overseas:

• Europe: DAX -0.1%, FTSE -0.3%, CAC +0.1%
• Asia: Nikkei +2.3%, Hang Seng +0.6%, Shanghai +0.1%

Commodities:

• Crude Oil -0.32 @ 64.01
• Nat Gas -0.02 @ 3.12
• Gold -51.00 @ 5027.50
• Silver -2.25 @ 80.15
• Copper -0.06 @ 5.90

After-Hours Spotlight:

• Astera Labs (ALAB) beats by $0.06, beats on revs; guides Q1 EPS above consensus, revs above consensus; names new CFO...ALAB -10.5%
• Angi Inc. (ANGI) misses by $0.17, misses on revs...ANGI -21.4%
• Cloudflare (NET) beats by $0.01, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY26 EPS below consensus, revs above consensus...NET +10.0%
• Diodes (DIOD) beats by $0.06, beats on revs; guides Q1 revs above consensus...DIOD +10.5%
• Ford Motor (F) misses by $0.05, beats on revs; provides FY26 guidance...F +0.4%
• Freshworks (FRSH) beats by $0.03, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY26 EPS below consensus, revs above consensus...FRSH -6.9%
• Gilead Sciences (GILD) beats by $0.05, beats on revs; guides FY26 EPS in-line...GILD -3.2%
• Klaviyo (KVYO) beats by $0.02, beats on revs; guides Q1 revs above consensus; guides FY26 revs above consensus...KVYO +6.5%
• Lattice Semi (LSCC) reports EPS in-line, beats on revs; guides Q1 EPS above consensus, revs above consensus...LSCC +7.7%
• Lyft (LYFT) reports Q4 results, misses on revs, Gross Bookings up 19%; Guides Q1 Gross Bookings in-line, adjusted EBITDA below consensus at midpoint of range, and announces new $1.0 bln share repurchase program...LYFT -14.8%
• Mattel (MAT) misses by $0.15, misses on revs; guides FY26 EPS below consensus, revs in-line; to acquire full ownership of Mattel163 Mobile Games Studio; announces licensing deal with Paramount for Teenage Mutant Ninja Turtles brand; announces $150 mln of strategic investments in 2026...MAT -25.2%
• MNTN, Inc. (MNTN) beats by $0.19, beats on revs; guides Q1 revs below consensus; guides FY26 revs in-line...MNTN +39.6%
• Pegasystems (PEGA) beats by $0.03, beats on revs; guides FY26 EPS above consensus, revs above consensus...PEGA -7.4%
• Robinhood Markets (HOOD) beats by $0.03, misses on revs...HOOD -6.8%
• Teradata (TDC) beats by $0.18, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY26 EPS above consensus, revs above consensus...TDC +14.4%

Fair Value for Wednesday, February 11:

• S&P 500: 6,961
• Nasdaq 100: 25,210
• DJIA: 50,265

For a full rundown of today's market and after hours developments, see Live In Play

• Earnings/Guidance (Full Earnings Calendar):
  • Aecom Tech (ACM) beats by $0.12, raises FY26 EPS guidance
  • Amentum Holdings (AMTM) beats by $0.02, misses on revs; reaffirms FY26 EPS guidance, revs guidance
  • Amkor (AMKR) beats by $0.25, beats on revs; guides Q1 EPS in-line, revs above consensus
  • Aramark (ARMK) beats by $0.01, beats on revs; reaffirms FY26 EPS guidance, revs guidance
  • Arch Capital (ACGL) beats by $0.39
  • Assoc Banc-Corp (ASB) reaffirms FY26 guidance for certain metrics in slide presentation
  • AstraZeneca (AZN) beats by $0.01, reports revs in-line
  • Axalta Coating Systems (AXTA) misses by $0.01, reports revs in-line; guides Q1 EPS below consensus; guides FY26 EPS in-line
  • Barclays PLC (BCS) reports FY25 results; reaffirms 2026 targets; introduces 2028 outlook
  • Blackbaud (BLKB) beats by $0.03, reports revs in-line; guides FY26 EPS above consensus, revs in-line
  • BP (BP) reports EPS in-line, beats on revs; suspends buyback; proposes dividend raise
  • Bread Financial (BFH) provides performance update for January 2026; End-of-period credit card and other loans of $18.4 bln vs. $18.4 last year; Delinquency rate of 5.9% versus 6.1% last year
  • Brixmor Property (BRX) beats by $0.01, beats on revs; guides FY26 FFO in-line
  • Cincinnati Fincl (CINF) beats by $0.47, beats on revs
  • Coca-Cola (KO) beats by $0.02, misses on revs; Issues FY26 outlook, expects to deliver organic revenue growth of 4-5%
  • Columbus McKinnon (CMCO) beats by $0.04, beats on revs; withdraws guidance given recently completed Kito Crosby acquisition and pending divestiture of its U.S. power chain hoist and chain operations
  • Consensus Cloud Solutions (CCSI) beats by $0.11; beats on revs; sees Q1, FY26 EPS and revs in-line
  • Corebridge Financial (CRBG) beats by $0.11
  • Credo Technology Group (CRDO) guides JanQ and AprQ revenue well above consensus
  • CVS Health (CVS) beats by $0.09, beats on revs; guides FY26 EPS in-line
  • Datadog (DDOG) beats by $0.04, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY26 EPS below consensus, revs below consensus
  • Driven Brands (DRVN) announces new segment reporting following the sale of its International Car Wash Business; recasts previously reported quarterly segment financial information for the first three quarters of FY25
  • Duke Energy (DUK) beats by $0.01; guides FY26 EPS in-line
  • DuPont (DD) beats by $0.03, reports revs in-line; guides Q1 EPS in-line, revs in-line; guides FY26 EPS above consensus, revs above consensus
  • Entegris (ENTG) beats by $0.03, beats on revs; guides Q1 EPS above consensus, revs mostly above consensus
  • Ferrari (RACE) beats by €0.05, beats on revs
  • Fiserv (FISV) beats by $0.09, beats on revs; guides FY26 EPS in-line
  • Goodyear Tire (GT) misses by $0.10, beats on revs
  • Harley-Davidson (HOG) misses by $1.37, misses on revs; provides FY26 outlook
  • Hasbro (HAS) beats by $0.57, beats on revs; Sees FY26 revenue up 3-5% in constant currency, Announces $1 bln share repurchase program
  • Himalaya Shipping Ltd. (HSHP) reports Q4 results and Jan commercial updates
  • Honda Motor (HMC) reports nine-month results; reaffirms outlook
  • ICHOR Corporation (ICHR) beats by $0.07, beats on revs; guides Q1 EPS above consensus, revs above consensus
  • Incyte (INCY) misses by $0.11, beats on revs
  • InMode (INMD) beats by $0.04, beats on revs; guides FY26 EPS below consensus, revs below consensus
  • Jumia (JMIA) reports Q4 results; priority is achieving Adjusted EBITDA breakeven and positive cash flow in the fourth quarter of 2026
  • Kilroy Realty (KRC) misses by $0.02, reports revs in-line; guides FY26 FFO in-line
  • KT (KT) reports Q4 results
  • Manitowoc (MTW) misses by $0.01 (two estimates), beats on revs; guides FY26 EPS in-line, revs in-line
  • Marriott (MAR) misses by $0.02, reports revs in-line; guides Q1 EPS above consensus; guides FY26 EPS in-line
  • Masco (MAS) beats by $0.03, misses on revs; guides FY26 EPS in-line; authorizes new $2 bln share repurchase program
  • Medpace (MEDP) beats by $0.48, beats on revs; guides FY26 EPS above consensus, revs in-line
  • onsemi (ON) beats by $0.02, reports revs in-line; guides Q1 EPS in-line, revs in-line
  • Oscar Health (OSCR) misses by $0.35, misses on revs; guides FY26 revs in-line
  • Philips (PHG) reports Q4 results, beats on revs; provides outlook
  • Principal Fincl (PFG) misses by $0.04; guides FY26 EPS below consensus; increases dividend
  • Quest Diagnostics (DGX) beats by $0.05, beats on revs; guides FY26 EPS above consensus, revs above consensus
  • S&P Global (SPGI) misses by $0.03, reports revs in-line; guides FY26 EPS below consensus
  • Saia (SAIA) misses by $0.13, beats on revs
  • Silvercorp Metals (SVM) reports Q3 results
  • Simpson Manufacturing (SSD) beats by $0.13, beats on revs
  • Spotify (SPOT) beats by €1.69, reports revs in-line; guides Q1 revs below consensus
  • Taiwan Semiconductor Manufacturing (TSM) reports Jan revs increased 36.8% yr/yr
  • Titan Mining (TII) delivers record zinc production in 2025 and provides guidance for 2026
  • Trimble (TRMB) beats by $0.04, beats on revs; guides Q1 EPS in-line, revs in-line; guides FY26 EPS in-line, revs in-line
  • UDR (UDR) misses by $0.02, reports revs in-line; guides Q1 FFO in-line; guides FY26 FFO in-line; Increases annualized dividend by 1.2% to $1.74/share
  • Upwork (UPWK) beats by $0.05, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; guides FY26 EPS in-line, revs in-line
  • Vestis (VSTS) beats by $0.04, reports revs in-line; reaffirms FY26 revs guidance
  • Wesco (WCC) misses by $0.49, reports revs in-line; guides FY26 EPS in-line, revs in-line
  • XPLR Infrastructure (XIFR), LP reports Q4 (Dec) results
  • Xylem (XYL) beats by $0.01, beats on revs; guides FY26 EPS in-line, revs below consensus; raises dividend
  • Zimmer Biomet (ZBH) beats by $0.02, reports revs in-line; guides FY26 EPS below consensus, revs below consensus
  • ZoomInfo (GTM) beats by $0.04, beats on revs; guides Q1 EPS in-line, revs in-line; guides FY26 EPS in-line, revs in-line
• General News
  • Republicans are preparing a continuing resolution on DHS funding, but passage is not guaranteed, according to Politico
  • House Democrats will force a vote Wednesday to revoke President Trump's tariffs on Canada, but the vote is largely symbolic because President Trump will veto it, according to Politico
  • House passes bipartisan bill to reduce regulations and increase housing supply. The Senate will likely make changes to the bill, according to The Hill
  • The White House wants data center agreements with technology companies so energy prices do not increase for consumers, according to Politico
  • The Trump administration plans to remove the legal basis for federal greenhouse gas regulation this week, according to WSJ
  • The Pentagon will review the performance of major defense contractors, according to WSJ
  • The House Judiciary Committee subpoenaed eight health insurers, according to Axios
  • The Trump administration nearing "total victory" in removing climate change regulations, according to NY Times
  • President Trump in an interview says he might send another aircraft carrier to Middle East if talks with Iran fail, according to Axios
  • Alphabet (GOOG): UK CMA is seeking views on commitments given by Google in respect of app review, app ranking and use of data
  • Alphabet (GOOG): EU Commission approves Google's acquisition of Wiz
  • Amazon (AMZN) talking about an artificial intelligence marketplace with publishers, according to The Information
  • Americas Silver (USAS) entered into a definitive agreement with United States Antimony (UAMY) forming a Joint Venture
  • Apartment Investment & Mgmt (AIV) declares initial liquidating distribution and provides updates on pending transactions
  • Apple (AAPL): UK CMA is seeking views on commitments given by Apple in respect of app review, app ranking, use of data and to enable developers to request interoperable access to features and functionality within Apple’s operating system
  • ArcelorMittal (MT) confirms the construction of an electric arc furnace at its steelmaking site in Dunkirk – a strategic €1.3 bln investment which marks a major step in the decarbonisation of ArcelorMittal’s steel production in France
  • Arch RoamRight (ACGL) announces a collaboration with Tern, the all-in-one operating platform for travel businesses
  • Azenta (AZN) announces a strategic partnership with Frontier Space, a pioneer in commercial space-based research systems, to conduct cutting-edge scientific experiments in space
  • Baidu (BIDU) expands Apollo Go overseas with autonomous Uber launch in Dubai
  • Blackstone (BX) aiming to increase stake in Anthropic to $1 bln, according to Bloomberg
  • Boeing (BA) planning to open another production line this summer for 737, according to Reuters
  • Boeing (BA) reports January orders data; January 2026 deliveries: 19 deliveries to 15 customers; January 2026 gross orders: 49
  • Braskem SA (BAK) and and Petrobras (PBR) disclose contract terms
  • Canadian Solar (CSIQ) filed with the SSE its progress announcement on related party transactions—execution of lease agreements between subsidiaries and related parties
  • Celanese (CE) raises acetic acid, VAM and derivative prices across Western Hemisphere
  • Cisco (CSCO) broadens AgenticOps, security, and AI networking platform
  • Cognizant Tech (CTSH) is collaborating under a three-year strategic agreement with DAMAC Group
  • Coherent (COHR): Bain Capital aiming to offer an unregistered block of Coherent shares, according to Bloomberg
  • CSX (CSX) announces $670 mln locomotive fleet upgrade with Wabtec (WAB)
  • Designer Brands (DBI) discloses that it and Worldpay entered into an amendment pursuant to which the January 2026 termination notice was withdrawn and Worldpay agreed to continue to provide the company with Services for a transition period
  • Elevra Lithium (ELVR) outlines potential Canadian offtake for spodumene concentrate with supply agreement with Mangrove Lithium
  • Evommune (EVMN) announces top-line Data from Phase 2a proof-of-concept trial of EVO301 in moderate-to-severe atopic dermatitis
  • Farmers National (FMNB) and Middlefield Banc Corp. (MBCN) announce shareholder approvals for merger; merger is expected to be completed during the first quarter of 2026
  • Forrester Research (FORR) announces a workforce reduction of approximately 8% across various geographies and functions; Also plans to close certain smaller offices both inside and outside the United States
  • Fortuna Silver Mines (FSM) advances Diamba Sud toward development decision
  • Fox Corporation's (FOXA) Red Seat Ventures acquires Supercast, a subscription platform for podcast creators
  • Fox Factory Holding (FOXF) announces strategic board refresh
  • Galaxy Digital (GLXY) announces today that, in connection with the up to $200 million share repurchase program approved by the Board of Directors on February 6, 2026, the Toronto Stock Exchange has accepted the Company's Notice of Intention to Make a Normal Course Issuer Bid
  • Glacier Bancorp (GBCI) announces CFO transition Ron Copher to retire after 20 years with company
  • GlaxoSmithKline (GSK) advances RSV vaccine toward first adult approval in China
  • Grupo Aeroportuario Del Sureste (ASR) announces that passenger traffic for January 2026 reached a total of 6.7 million passengers, representing an increase of 3.6% compared to January 2025
  • Hasbro (HAS) announces new multi-year licensing partnership with Warner Bros. Discovery Global Consumer Products, making Hasbro the global primary toy licensee for Harry Potter
  • IBM (IBM) introduces autonomous storage with new flashsystem portfolio powered by agentic AI
  • Interactive Brokers (IBKR) announces the launch of Coinbase Derivatives (COIN), LLC nano Bitcoin and nano Ether futures contracts for trading on the IBKR platform
  • Intercontinental Exchange (ICE) announces that the European Securities and Markets Authority has granted recognition to ICE Benchmark Administration Limited as a third-country benchmark administrator under Article 32 of the EU Benchmarks Regulation
  • Jacobs Solutions (J) awarded a contract under the U.S. Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense indefinite-delivery/indefinite-quantity contract, which has a ceiling value of $151 billion
  • JetBlue Airways (JBLU) and United Airlines (UAL) announce the roll out of the next major customer benefit from their Blue Sky collaboration
  • Keysight (KEYS) announces SOS Enterprise, an advanced edition of its engineering data management platform
  • Kyivstar Group (KYIV) to expand digital healthcare offering in Ukraine with Tabletki.ua acquisition for $160 mln
  • Meta Platforms (META) secures court backing to challenge Irish fine, according to Reuters
  • Methanex (MEOH) and Ørsted announce the launch of the United Kingdom’s first commercially ready biomethanol storage and supply service for shipping at the Port of Immingham
  • Microsoft (MSFT): The Trump administration will exempt Microsoft, Apple (AAPL), and Amazon (AMZN) from upcoming chip tariffs, according to FT
  • Moderna (MRNA) to enter into long-term strategic agreement with the Government of Mexico
  • Nebius Group N.V. (NBIS) confirms agreement to acquire Tavily to add agentic search to its AI cloud platform
  • Nektar Therapeutics (NKTR): New REZOLVE-AD maintenance data in atopic dermatitis demonstrate rezpegaldesleukin resulted in durable and new responses across key disease measurements with both monthly and quarterly dosing
  • Optex Systems (OPXS) has been awarded a new contract from a U.S. Government Prime Contractor, in support of a Night Vision Goggle system
  • Oracle (ORCL) expands Fusion Cloud with embedded AI agents across CX and supply chain
  • Parsons (PSN) secures a $91 million contract extension for the Overseas Security Installation Services (OSIS II) contract administered by the U.S. Department of State
  • Personalis (PSNL) announces Medicare coverage for the company’s NeXT Personal molecular residual disease test for surveillance of patients with Stage I to III non-small cell lung cancer
  • Quest Diagnostics (DGX) increases quarterly cash dividend 7.5% to $0.86/share from $0.80/share and increases the Company's share repurchase authorization by $1 bln
  • Qurate Retail Group (QVCGA) in discussions with creditors about a voluntary debt restructuring agreement, according to Bloomberg
  • REGENXBIO (RGNX) announces that the U.S FDA has issued a Complete Response Letter regarding its Biologics License Application for RGX-121 (clemidsogene lanparvovec) for the treatment of Mucopolysaccharidosis II, an ultra-rare neurodegenerative disease also known as Hunter syndrome
  • ReposiTrak (TRAK) announces its patent-pending system and methods for automated error detection and context-aware correction of food traceability data, to address average data error rates of 40% in all traceability records
  • Shoals Technologies (SHLS): Voltage Energy reaffirms market continuity and innovation after the ITC initial determination
  • Simulations Plus (SLP) extends FDA and NIEHS research collaborations on computational safety models
  • Smurfit Westrock plc (SW) announces that it will permanently close one of the paper machines at its La Tuque, Quebec, mill
  • Stellantis (STLA) considers exit from U.S. battery JV with Samsung as EV strategy faces $26 bln writedowns, according to Bloomberg
  • Stripe could be valued at $140 bln, according to Axios
  • Taiwan Semiconductor Manufacturing (TSM) adopted the Directors’ resolution for capital increase of not more than US$30 billion
  • Takeda Pharma (TAK) moves closer to first orexin-based treatment for narcolepsy type 1
  • Target (TGT) reshapes executive team under new CEO and reiterates Q4 outlook
  • Tesla (TSLA): The Trump administration will propose American buying requirements for charging stations, according to Reuters
  • TotalEnergies SE (TTE) aiming to take full control of Zeeland refinery in the Netherlands, according to Reuters
  • Udemy (UDMY) announces a strategic partnership with work AI leader, Glean; integration helps professionals lead AI transformation with real-time, context-aware learning
  • Vale S.A. (VALE) updates on asset freeze requests by authorities
  • Vertical Aerospace Group (EVTL) explores Saudi manufacturing and deployment pathway
  • Warby Parker (WRBY) appoints Adrian Mitchell as Chief Financial Officer, effective February 10
  • Warner Bros. Discovery (WBD) confirms receipt of further amended unsolicited tender offer from Paramount Skydance (PSKY)
  • Wesco (WCC) announces the upcoming retirement of Dave Schulz, Executive Vice President and Chief Financial Officer, and the appointment of Indraneel Dev as Executive Vice President and Chief Financial Officer
  • Wiley (WLY) and Virtusa announce a multi-year managed services partnership under which Virtusa will provide infrastructure and application services and support Wiley's strategic technology initiatives

• Upgrades:
  • Booking Holdings (BKNG) upgraded to Buy from Hold at Gordon Haskett; tgt $5440
  • Fluence Energy (FLNC) upgraded to Buy from Hold at Jefferies, tgt $24
  • Palantir Technologies (PLTR) upgraded to Buy from Neutral at Daiwa, tgt $180
  • Shopify (SHOP) upgraded to Buy from Neutral at MoffettNathanson, tgt $150
  • Sirius XM (SIRI) upgraded to Neutral from Underweight at JPMorgan, tgt $24
  • Snap (SNAP) upgraded to Buy from Neutral at Arete, tgt $7.30
  • Take-Two Interactive (TTWO) upgraded to Strong Buy from Outperform at Raymond James, tgt $285
  • Thomson Reuters (TRI) upgraded to Outperform from Sector Perform at RBC Capital, tgt $126
  • Vistra Energy (VST) upgraded to Buy from Hold at Jefferies, tgt $203
• Downgrades:
  • E.ON (EONGY) downgraded to Hold from Buy at Berenberg
  • Estée Lauder (EL) downgraded to Hold from Buy at HSBC, tgt $106
  • Kyndryl Holdings (KD) downgraded to Neutral from Buy at Guggenheim
  • Linde (LIN) downgraded to Hold from Buy at DZ Bank, tgt $460
  • monday.com (MNDY) downgraded to Neutral from Outperform at Robert W. Baird, tgt $90
  • monday.com (MNDY) downgraded to Hold from Buy at Loop Capital, tgt $80
  • Texas Roadhouse (TXRH) downgraded to Hold from Buy at Truist, tgt $188
  • Under Armour (UAA) downgraded to Sell from Neutral at Citigroup, tgt $6.20
  • Wingstop (WING) downgraded to Outperform from Strong Buy at Raymond James, tgt $325
  • Wingstop (WING) downgraded to Hold from Buy at TD Cowen, tgt $285
  • ZoomInfo Technologies (GTM) downgraded to Underperform from Market Perform at Citizens, tgt $6
• Others:
  • Microbot Medical (MBOT) initiated with a Buy at B. Riley, tgt $5
  • MillerKnoll (MLKN) initiated with an Outperform at William Blair
  • Orion Marine Group (ORN) initiated with a Buy at Roth Capital, tgt $17
  • Qualcomm (QCOM) resumed with an Underweight at Morgan Stanley, tgt $132
  • Remitly Global (RELY) initiated with a Buy at BofA Securities; tgt $18
  • Somnigroup (SGI) initiated with an Equal Weight at Stephens, tgt $89
  • Tyra Biosciences (TYRA) initiated with an Outperform at William Blair
  • Waters (WAT) resumed with a Buy at Citigroup, tgt $425
  • Waters (WAT) resumed with an Overweight at Barclays; tgt $400

• Econ Data (Wednesday):
  • 07:00 ET: MBA Mortgage Applications Index (prior -8.9%)
  • 08:30 ET: January nonfarm payrolls (Briefing.com consensus: 68K; prior 50K), nonfarm private payrolls (Briefing.com consensus: 60K; prior 37K), unemployment rate (Briefing.com consensus: 4.4%; prior 4.4%), avg. hourly earnings (Briefing.com consensus: 0.3%; prior 0.3%), and avg. workweek (Briefing.com consensus: 34.2; prior 34.2)
  • 10:30 ET: EIA crude oil inventories (prior -3.46M)
  • 14:00 ET: January Treasury Budget (Briefing.com consensus: -$190.0B; prior -$144.7B)

• Earnings:
  • Monday (Feb 9)
    • Pre-Market: APO BDX CLF CNA CURB DT EPC KD MNDY PGY SBH WAT
    • After-Hours: ACM AMKR AMTM ACGL BRX NTB CINF CMCO CRBG GT ICHR KRC MTW MEDP ON PFG SSD UDR UPWK VNO GTM
      
    Tuesday (Feb 10)
    • Pre-Market: ARMK AZN AXTA BLKB BP KO DDOG DUK DD ECL ENTG RACE FISV HOG HAS INCY INMD MAR MAS OSCR DGX SPGI SAIA SPOT TRMB VSTS WCC XIFR XYL ZBH
    • After-Hours: AKR AEIS ADC AIG ANGI AIZ ALAB BL LEU NET DEI DIOD EW EXEL F FRSH GILD GXO HIW HNGE NSP JHX KVYO LSCC LYFT MBC MAT MIR MNTN NMIH OI PEGA RPD RRR HOOD TDC UPST WPC WELL ZG
  • Wednesday (Feb 11)
    • Pre-Market: AEE AVTR BWA CHEF CLBT CRTO CVS GFS GNRC HLT HUM KHC KRNT LAD MCD MLM NI NNN NTES PAG PSN R RDWR SCI SHOP SITE SN SOLS SW TEX THC TMHC TMUS TSEM U VERX VRT WAB
      
    • After-Hours: ALB AM AMCX APP AR CFLT CGNX CPA CRK CSCO CW CXT CXW DAR EPRT EQIX FAF FCPT FSLY GFL GTY HUBS IFF INSP IRT LEG MFC MH MSA MSI NBIX NBR NE NWE PAYC PLMR PPC PRI QDEL QS QTWO ROL RYN STAG TYL VKTX WCN WTS
  • Thursday (Feb 12)
    • Pre-Market: AMG ALNY AEP AGIO BUD AVNT BAX BDC BIRK BTDR BRKR CBRE CHKP CNR CROX EEFT ETR EXC FTS GTES GEL GEO GVA HWM H HIMX IPGP IRDM IRM KIM LECO LNC LXP MTRN MLCO NVMI OPTU OGN PBF PCG PHIN QSR STNG SLVM TU TRU TNET TRN TRIP USFD UTZ VNT WST ZBRA ZTS
    • After-Hours: TXG AEM ABNB AMAT ANET AORT BIO BFAM CAE COHU COIN CRSR DXCM DKNG BROS ES EXPE FRT FLO FBIN MHK HR HTGC IR CART FROG KNSL PINS PCOR PSA RIVN ROKU RYAN SBRA TSLX SPSC SLF TOST TRUP TWLO RARE VRTX WYNN YELP
  • Friday (Feb 13)
    • Pre-Market: AAP ATMU CCJ CIGI ENB ESNT MGA MRNA SXT TRP WEN
    • After-Hours: None