After Hours Report

The stock market had an eventful start to the week, with the S&P 500 (+0.8%), Nasdaq Composite (+1.4%), and DJIA (+0.5%) rebounding from sharp early losses as oil prices made a decisive move lower this afternoon amid geopolitical developments in Iran.

Oil surged past $100 per barrel this morning, testing the $120 mark and prompting the major averages to open with losses wider than 1%. The Nasdaq Composite briefly moved below its 200-day moving average (22,101.90).

Oil stabilized around the $100 mark following headlines that the G7 will meet again tomorrow to discuss a release of global oil stockpiles to combat the surge in prices. CNBC reported that the meeting will occur tomorrow morning, with talks among G7 nations currently "positive" around a release.

The major averages spent much of the session trading with more modest losses, though weakness remained relatively broad-based. 

Crude oil futures finished today's session $3.87 higher (+4.3%) at $94.73 a barrel, though another price swing remained in store. President Trump told CBS News in a phone interview that the war in Iran "could be over soon" as the U.S. is very far ahead of his initial 4-to-5-week estimated time frame. Additionally, President Trump noted that ships are moving through the Strait of Hormuz, though he is considering "taking it over."

Oil prices fell below their flatlines, sending stocks higher in broad fashion. As of just before 4:30 p.m. ET, crude oil is currently trading $5.56 (-6.1%) lower at $85.34 a barrel. 

Nine S&P 500 sectors would finish with gains, leaving just the energy (-0.4%) and financials (-0.5%) sectors in negative territory. 

While the energy sector moved lower amid the decrease in oil prices, the financials sector was a laggard throughout the session and finished well above its session lows. Insurance names such as Arthur J. Gallagher (AJG 217.78, -10.35, -4.54%) were among the worst performers, while major banking names put up mixed performances. 

Meanwhile, the top-weighted information technology sector (+1.8%) posted the widest gain. The sector held a modest gain for much of the session even while the broader market traded lower, supported by strength in its semiconductor components. NVIDIA (NVDA 182.65, +4.83, +2.72%) was a mega-cap standout, while memory storage names such as Sandisk (SNDK 588.73, +61.40, +11.64%) posted the widest gains, helping the PHLX Semiconductor Index finish 3.9% higher. 

Elsewhere, the communication services sector (+1.1%) also notched a solid gain as Alphabet (GOOG 306.01, +7.71, +2.58%) provided strong leadership. 

Live Nation (LYV 165.80, +9.67, +6.19%) topped the sector's leaderboard after the company reached a settlement with the Department of Justice in an antitrust case that will allow the company to keep Ticketmaster. 

The health care sector (+0.9%) rounds out the top three performing sectors, supported by broad strength in its components and a strong performance from Moderna (MRNA 55.74, +3.22, +6.13%). 

Though not components of the sector, Hims & Hers Health (HIMS 22.16, +6.42, +40.79%) traded sharply higher today after confirming a strategic pivot for its U.S. weight-loss business that entails bringing FDA-approved Wegovy and Ozempic (semaglutide) medications onto its telehealth platform and moving away from broadly marketed compounded GLP-1 products, a shift that resolves a legal dispute with Novo Nordisk A/S (NVO 39.78, +1.20, +3.11%) and expands patient access.

Meanwhile, the Russell 2000 (+1.1%) and S&P Mid Cap 400 (+1.0%) notched solid gains of their own, surging higher as oil prices fell this afternoon. 

Altogether, the broader market made an impressive intraday move as oil prices stabilized and then moved lower this afternoon. While the geopolitical backdrop remains fluid, the market will look for further color from tomorrow's Group of Seven energy meeting, where officials are expected to discuss a potential coordinated release of global oil stockpiles. At the same time, developments surrounding the situation in Iran remain a key driver of price action. Ideally for equities, oil prices will continue to move lower in the near term before the recent spike begins to meaningfully weigh on corporate margins or feed through into broader inflation pressures.

There was no economic data of note today. 

U.S. Treasuries started the new week with a continuation of the recent volatility, but an intraday bounce saved the long bond from another lower finish while 5s and shorter tenors added to last week's losses. The 2-year note yield settled up three basis points to 3.59%, and the 10-year note yield finished unchanged at 4.14%. 

• S&P Mid Cap 400: +4.2% YTD
• Russell 2000: +2.9% YTD
• DJIA: -0.7% YTD
• S&P 500: -0.7% YTD
• Nasdaq Composite: -2.4% YTD

Overseas:

• Europe: DAX -0.8%, FTSE -0.3%, CAC -1.0%
• Asia: Nikkei -5.2%, Hang Seng -1.4%, Shanghai -3.5%

Commodities:

• Crude Oil +3.87 @ 94.73
• Nat Gas -0.06 @ 3.13
• Gold -46.80 @ 5112.50
• Silver +0.32 @ 84.71
• Copper +0.02 @ 5.83

After-Hours Spotlight:

• Amplify Energy (AMPY) announces fourth quarter and full year 2025 results; provides update on strategic initiatives and 2026 development plans...AMPY -6.7%
• Casey's General (CASY) beats by $0.50, misses on revs, Inside same-store sales increased 4.0%; Issues FY26 Outlook, expects inside same-store sales to increase 3.5-4.5%... CASY -2.8%
• FreightCar America, Inc. (RAIL) Reports Fourth Quarter and Full Year 2025 Results...RAIL -21.1%
• Hewlett Packard Enterprise (HPE) beats by $0.06, reports revs in-line; guides Q2 EPS in-line, revs above consensus; raises FY26 EPS guidance, reaffirms FY26 revs guidance...HPE +2.1%
• LifeMD (LFMD) beats by $0.03, beats on revs; guides Q1 revs below consensus; guides FY26 revs in-line...LFMD +8.4%
• Repay Holdings (RPAY) misses by $0.02, beats on revs; guides FY26 revs above consensus...RPAY +6.0%
• Vail Resorts (MTN) misses by $0.28, misses on revs...MTN -1.9%
• Voyager Technologies (VOYG) reports EPS in-line, misses on revs; guides FY26 revs in-line...VOYG +0.2%
• Yext (YEXT) beats by $0.01, misses on revs...YEXT -4.2%

Fair Value for Tuesday, March 10:

• S&P 500: 6,801
• Nasdaq 100: 24,994
• DJIA: 47,773

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

• Earnings/Guidance (Full Earnings Calendar):
  • ArcBest (ARCB) provides an update on the most recent information related to its Q1 financial results and business trends
  • BETA Technologies (BETA) misses by $1.50, beats on revs; guides FY26 revs above consensus
  • Korn/Ferry (KFY) beats by $0.04, beats on revs; guides Q4 EPS in-line
  • Sezzle (SEZL) reaffirms FY26 guidance in presentation
  • Signet Jewelers (SIG) provides Q4 guidance update ahead of investor meetings
• General News
  • Iran names Mojtaba Khamenei as the new Supreme Leader, according to NBC News
  • Israel strikes major fuel depots in Iran as President Trump considers widening strikes. The UAE and Kuwait reduced oil production as the Strait of Hormuz remains nearly closed, according to Bloomberg
  • President Trump says there is no timetable for the Iran war, telling reporters, "I never project that, whatever it takes", according to CBS News
  • Iranian President Masoud Pezeshkian apologized to Gulf states for strikes and will seek to deescalate tensions. Iran rejects calls to surrender, according to Politico
  • G7 to discuss joint release of energy reserves, according to FT
  • The U.S. and Israel are considering sending in special forces to seize Iran's nuclear stockpiles, according to Axios
  • President Trumps says he "concluded a very good meeting with the largest U.S. defense manufacturing companies where we discussed production and production schedules. they have agreed to quadruple production of the 'exquisite class' weaponry"
  • An Iranian drone damaged a desalination plant in Bahrain, according to WSJ
  • President Trump says he will not sign any other legislation until “Save America Act” (voting reform bill) is passed by the Senate
  • The Trump administration drafts new rules for civilian artificial intelligence contracts, according to FT
  • China is warning of global chip shortages, according to Reuters
  • President Trump's sons are backing a drone company, Powerus, according to WSJ
  • Dr. Vinay Prasad will leave FDA, according to WSJ
  • The House is expected to make changes to the housing affordability bill, according to Politico
  • Long lines are occurring at airports due to the DHS shutdown, according to NY Times
  • Iran says oil prices could reach $200/barrel if U.S. and Israel attacks on Iran’s energy infrastructure continue, according to WSJ
  • FDA takes further steps to streamline biosimilar development and make medicines more affordable
  • President Trump weighs measures to curb oil prices as Iran conflict drives crude above $100/barrel, according to Reuters
  • Airbus reports February deliveries of 35
  • Israel officials growing concerned about escalating attacks on Iran and suggesting possible off-ramps, according to Washington Post
  • OpenAI to acquire AI Security Firm Promptfoo to strengthen safeguards for AI Agents, according to Bloomberg
  • Anthropic files lawsuit to block Pentagon blacklisting, according to Reuters
  • President Trump in an NBC News interview says that it is too early to discuss seizing Iranian oil, but he doesn't rule it out; says Iran made a "big mistake" selecting Motjaba Khamenei as leader and adds “I don’t know if it’s going to last"
  • Lebanese government proposing direct negotiations with Israel to end Iran war, according to Axios
  • Airlines reviewing growth plans amid Iran war, according to Bloomberg
  • Abeona Therapeutics (ABEO) Provides Business Update Highlighting Building Momentum in ZEVASKYN Commercial Launch
  • Amazon (AMZN) posts blog titled "Beyond payments: How Amazon Pay became India's financial companion"
  • Apple (AAPL) will likely release new higher end devices under "Ultra" brand, including a $2000 foldable iPhone, according to Bloomberg
  • Apple (AAPL) delays Smart Home display launch, according to Bloomberg
  • Applied Optoelectronics (AAOI) lands major hyperscaler order for next-gen AI networking optics
  • Archer Aviation (ACHR) announces that the US Department of Transportation and Federal Aviation Administration have selected its partners in Texas, Florida and New York to participate in the White House’s eVTOL Integration Pilot Program
  • AstraZeneca’s (AZN) Enhertu gains FDA priority review for earlier-stage breast cancer use
  • AT&T (T) CFO to update investors at Deutsche Bank Telecom Conference
  • Benitec Biopharma (BNTC) Announces Positive Interim Phase 1b/2a Results for High Dose BB-301 and Continued Durable Improvements for Low Dose BB-301 Treatment at the 2026 Muscular Dystrophy Association Clinical & Scientific Conference
  • BETA Technologies (BETA) selected to begin U.S. Aircraft deliveries through FAA’s eVTOL Integration Pilot Program
  • Bombardier (BDRBF) Global 6500 aircraft has been acquired by the National Research Council of Canada to support advanced research and development activities for the defence and dual-use sectors
  • Borr Drilling (BORR) rigs placed on standby amid Arabian Gulf hostilities
  • Bristol-Myers (BMY) receives FDA approval of Sotyktu for psoriatic arthritis
  • Bristol-Myers (BMY) announces positive phase 3 results from the successor-2 study of oral mezigdomide in relapsed or refractory multiple myeloma
  • Cannae Holdings (CNNE) authorizes a new stock repurchase program under which the company may repurchase up to 10 mln shares of common stock
  • Castle Biosciences (CSTL): DecisionDx-Melanoma’s i31-SLNB: Report from the Largest Prospective Multicenter Study to Date Confirms 2.6% Nodal Positivity in Patients Predicted to Have Less Than 5% Risk
  • Cboe Global Markets (CBOE) to launch BITVX, A new volatility index based on IBIT (IBIT) Options
  • Charles Schwab (SCHW) Trading Activity Index (STAX) increased to 57.32 in February, up from its score of 49.96 in January
  • CrowdStrike (CRWD) files lawsuit against AiStrike, according to Reuters
  • CSL Limited (CSLLY) broke ground for the expansion of its state-of-the-art manufacturing facility in Kankakee, Illinois
  • Cushman & Wakefield (CWK) has arranged $72 million in acquisition financing on behalf of Camber Real Estate Partners for an institutional quality industrial portfolio located in the Baltimore MSA
  • Dianthus Therapeutics (DNTH) announces early GO decision following interim responder analysis in phase 3 captivate trial of claseprubart in chronic inflammatory demyelinating polyneuropathy
  • Dyne Therapeutics (DYN) reports new positive cardiopulmonary results from DELIVER Trial of Z-Rostudirsen in Duchenne Muscular Dystrophy
  • Dyne Therapeutics (DYN) reports initiation of Phase 3 HARMONIA Trial of Z-Basivarsen in Myotonic Dystrophy Type 1
  • Embraer SA (EMBJ) completes share buyback program ahead of schedule
  • Fluor (FLR) announces board leadership transition and director appointment
  • FTI Consulting (FCN) elects Angela Nam as Chief Financial Officer, effective May 1, 2026
  • General Dynamics (GD) increases quarterly dividend to $1.59/share from $1.50/share
  • GlaxoSmithKline (GSK) monetizes liver drug asset with global licensing deal
  • Gulfport Energy (GPOR) announces that John Reinhart, President, Chief Executive Officer and Director, has elected to depart the company and resign from the Board of Directors, effective immediately
  • Huize (HUIZ) discloses that COO Li Jiang tendered his resignation to the board of directors
  • HUTCHMED (HCM) halts TAZVERIK sales in China following global safety withdrawal
  • ImmunityBio (IBRX) Announces Resubmission of Supplemental BLA to the FDA for ANKTIVA® Plus BCG in BCG-Unresponsive NMIBC with Papillary Disease Following Agency Review of Additional Data
  • Incyte (INCY) announces the European Commission approval of Zynyz in combination with carboplatin and paclitaxe
  • Intel (INTC) launches Core Series 2 processors for industrial edge computing, unveils healthcare-focused Edge AI suite at Embedded World 2026
  • Ipsen S.A. (IPSEY) withdraws Tazverik across all markets following safety concerns
  • Jefferies (JEF) discloses facts about Western Alliance (WAL) and Western Alliance’s loan solely against First Brands receivables
  • Keysight (KEYS) showcases solutions accelerating AI infrastructure at OFC 2026
  • Klaviyo (KVYO) and Shopify (SHOP) deepen integration to accelerate global commerce growth; expanded interoperability helps enterprises better unify customer data across regions and deliver consistent, localized experiences worldwide
  • Korro Bio (KRRO) enters into a subscription agreement for a private investment in public equity financing that is expected to result in gross proceeds of approximately $85 mln
  • Lamb Weston (LW): Starboard Value builds stake in Lamb Weston, according to WSJ
  • Lamb Weston (LW): Starboard Value LP, significant stockholders of the company, deliver a letter to company's CEO and Board of Directors
  • Lantheus Holdings (LNTH) announces FDA approval of PYLARIFY TruVu (piflufolastat F 18) injection
  • Live Nation (LYV): NY AG Letitia James releases statement on Live Nation trial
  • LiveNation (LYV) is nearing a settlement with DOJ that will avoid the sale of Ticketmaster, according to Bloomberg
  • Live Nation (LYV) has reached a settlement with the United States Department of Justice in the antitrust lawsuit brought by the DOJ
  • Microsoft (MSFT): Frequency Holdings Inc. announces that its subsidiary ReachOut Digital Intelligence has been verified in the Microsoft AI Cloud Partner Program, positioning the Company to expand consulting and operational services around enterprise AI deployments built on the Microsoft Cloud
  • NetEase (NTES) to stop funding Nagoshi, according to Bloomberg
  • Nova (NVA) announces further high-grade gold discovered at RPM
  • NovaBridge (NBP) and Visara report results from VIS-101 Phase 2a Wet AMD Study
  • Novo Nordisk (NVO) aiming to sell weight loss drugs on Him & Hers (HIMS) platform, according to Bloomberg
  • NVIDIA (NVDA) supported Nscale reaches $14.6 bln valuation, according to CNBC
  • Oklo Inc. (OKLO) and Centrus Energy Corp. (LEU) announce that the companies have agreed to pursue discussions regarding a joint venture focused on deconversion services for high-assay low-enriched uranium and the advancement of related fuel-cycle technologies and supply cha
  • Pfizer (PFE) phase 2 study of trispecific antibody positive in moderate to severe atopic dermatitis
  • Plug Power (PLUG) to offer hydrogen electricity in a special auction, according to Bloomberg
  • Powell Inds (POWL) approves a three-for-one forward stock split of the company’s common stock
  • Precision BioSciences (DTIL) announces that the U.S. Food and Drug Administration has granted Fast Track designation to PBGENE-DMD for the treatment of Duchenne muscular dystrophy
  • Protalix BioTherapeutics (PLX) & Chiesi Global Rare Diseases announce EU approval of additional dosing regimen of every four weeks for Elfabrio
  • Pulse Biosciences (PLSE) Announces Clinical Data From nPulse Vybrance System First-In-Human Clinical Durability Study of Benign Thyroid Nodule Ablation
  • Rapport Therapeutics (RAPP) partners with Tenacia Biotechnology to monetize China rights and fund CNS pipeline
  • Regeneron Pharma (REGN) announces that Hansoh Pharmaceutical Group Company has disclosed positive topline data from Phase 3 trial n Chinese patients evaluating olatorepatide
  • Relmada Therapeutics (RLMD) reports 12-Month Phase 2 Interim Data for NDV-01 in Non-Muscle Invasive Bladder Cancer
  • Roblox (RBLX) announces two new strategic initiatives to facilitate the creation of novel games—a new wave of games that push the boundaries of genre, gameplay, and visual style to meet the demands of Roblox's rapidly expanding audience
  • Roche Hldg (RHHBY) reports Phase III breast cancer study misses primary endpoint
  • Samsung (SSNLF) considers AI deals to challenge Apple (AAPL), according to FT
  • Samsung (SSNLF) among companies that won Vera Rubin HBM4 slots, according to Ked Global
  • Savara (SVRA) Provides Regulatory Update on the MOLBREEVI Development Program in Autoimmune Pulmonary Alveolar Proteinosis
  • SEI Investments (SEIC) joins forces with IBM (IBM) to accelerate enterprise transformation through agentic AI and automation and modernize how it operates, innovates, and delivers value to clients—reinforcing the company's commitment to sustainable growth
  • SFL Corporation (SFL) announces $170 mln contract for semi-submersible rig Hercules
  • Shell (SHEL) to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners
  • Silvercorp Metals (SVM) files updated mineral resource estimate for Kyrgyzstan gold projects
  • Sonos (SONO): U.S. Appeals Court announces favorable ruling for SONO in patent case
  • STMicroelectronics (STM) ramps silicon photonics production to capture AI infrastructure growth
  • TEN, Ltd. (TEN) discloses that co-CFO Paul Durham has stepped down
  • Thermo Fisher Scientific (TMO): President Trump will visit a Thermo Fisher Scientific plant on Wednesday, according to Cleveland
  • Trevi Therapeutics (TRVI) announces completion of end-of-phase 2 meeting with the FDA, gaining alignment for its development program for idiopathic pulmonary fibrosis-related chronic cough; First pivotal trial is on track to initiate in the second quarter of 2026, with the second pivotal trial expected to initiate in the second half of 2026
  • United Therapeutics (UTHR) authorizes a new stock repurchase program of up to $2 bln over the next year; Also entered into ASR agreements with Citibank to implement an initial $1.5 bln ASR program
  • Vaalco Energy (EGY) reports non-commercial exploration well offshore Gabon, plans sidetrack
  • Volkswagen (VWAGY) dealers are upset about the plan to sell a new SUV brand directly to customers, according to WSJ
  • WeRide (WRD) and Geely Farizon plan delivery of 2,000 robotaxis by 2026
  • Woodside Energy Group (WDS), in partnership with Petróleos Mexicanos, has commenced the drilling campaign at the Trion Field, located in ultra-deep waters of the Gulf of Mexico
  • Xenon (XENE) reports topline data from Phase 3 X-TOLE2 Study of Azetukalner in Focal Onset Seizures

• Upgrades:
  • Air France-KLM (AFLYY) upgraded to Equal Weight from Underweight at Barclays
  • Citizens Financial Group (CFG) upgraded to Outperform from Neutral at Robert W. Baird, tgt $65
  • Cognex (CGNX) upgraded to Neutral from Underweight at JPMorgan, tgt $55
  • Dow Inc. (DOW) upgraded to Outperform from Sector Perform at RBC Capital, tgt $40
  • Fortrea (FTRE) upgraded to Buy from Hold at TD Cowen, tgt $15
  • GE Vernova (GEV) upgraded to Buy from Sell at Rothschild & Co Redburn, tgt $1,100
  • H World Group (HTHT) upgraded to Buy from Neutral at UBS, tgt $62.40
  • Int'l Consolidated Airlines (ICAGY) upgraded to Overweight from Equal Weight at Barclays
  • IQVIA Holdings (IQV) upgraded to Buy from Hold at TD Cowen, tgt $213
  • Leonardo (FINMY) upgraded to Overweight from Equal Weight at Barclays
  • LyondellBasell (LYB) upgraded to Outperform from Sector Perform at RBC Capital
  • PG&E Corporation (PCG) upgraded to Buy from Neutral at UBS, tgt $82
  • Pure Storage (PSTG) upgraded to Outperform from Market Perform at Northland, tgt $81
  • Redwire (RDW) upgraded to Buy from Hold at Truist, tgt $15
  • Schneider National (SNDR) upgraded to Neutral from Sell at Citigroup, tgt $27
  • Terex (TEX) upgraded to Buy from Neutral at Citigroup, tgt $75
  • Truist Financial (TFC) upgraded to Outperform from Neutral at Robert W. Baird, tgt $52
  • uniQure (QURE) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $60
  • uniQure (QURE) upgraded to Outperform from Sector Perform at RBC Capital, tgt $35
  • USA Compression Partners (USAC) upgraded to Buy from Hold at Texas Capital, tgt $31
  • Verizon (VZ) upgraded to Outperform from Sector Perform at Scotiabank, tgt $54.50
  • Western Alliance Bancorp (WAL) upgraded to Equal Weight from Underweight at Wells Fargo, tgt $79
  • Werner Enterprises (WERN) upgraded to Neutral from Sell at Citigroup, tgt $34
  • Zions Bancorp (ZION) upgraded to Outperform from Neutral at Robert W. Baird, tgt $65
• Downgrades:
  • Anglo American (NGLOY) downgraded to Underweight from Neutral at JPMorgan
  • Antofagasta (ANFGF) downgraded to Neutral from Overweight at JPMorgan
  • ArcelorMittal (MT) downgraded to Underweight from Overweight at JPMorgan
  • Brown-Forman (BF.B) downgraded to Market Perform from Outperform at Bernstein, tgt $29
  • Coterra Energy (CTRA) downgraded to Hold from Buy at Texas Capital, tgt $31
  • Ferrovial (FER) downgraded to Hold from Buy at Jefferies
  • Jefferies (JEF) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $49
  • Marriott Vacations Worldwide (VAC) downgraded to Market Perform from Outperform at Citizens
  • Rio Tinto (RIO) downgraded to Neutral from Overweight at JPMorgan
  • Scholastic (SCHL) downgraded to Neutral from Buy at B. Riley, tgt $37
• Others:
  • AGI Inc (AGBK) initiated with a Positive at Susquehanna, tgt $17
  • AGI Inc (AGBK) initiated with an Outperform at Autonomous Research, tgt $14.90
  • AGI Inc (AGBK) initiated with a Buy at Citigroup, tgt $18
  • AGI Inc (AGBK) initiated with a Buy at Goldman, tgt $19
  • AGI Inc (AGBK) initiated with an Overweight at Morgan Stanley, tgt $21
  • Akoustis Technologies (AKTS) initiated with a Buy at H.C. Wainwright, tgt $30
  • Arko Petroleum (APC) initiated with a Strong Buy at Raymond James, tgt $23
  • Arko Petroleum (APC) initiated with a Neutral at Mizuho, tgt $20
  • Arko Petroleum (APC) initiated with a Buy at Stifel, tgt $22
  • Arko Petroleum (APC) initiated with a Buy at UBS, tgt $22
  • Avista (AVA) initiated with an Equal Weight at Barclays, tgt $40
  • Brinker (EAT) assumed with Outperform at Wolfe Research, tgt $184
  • Cava Group (CAVA) initiated with an Outperform at Wolfe Research, tgt $93
  • Dutch Bros (BROS) initiated with an Outperform at Wolfe Research, tgt $77
  • Fidelity Nat'l Info (FIS) resumed with a Buy at Goldman, tgt $70
  • Global Payments (GPN) resumed with a Neutral at Goldman, tgt $88
  • Immix Biopharma (IMMX) initiated with an Outperform at Citizens, tgt $23
  • ITT (ITT) initiated with an Equal Weight at Barclays, tgt $220
  • Lyell Immunopharma (LYEL) initiated with an Outperform at Citizens, tgt $34
  • Netflix (NFLX) resumed with an Equal Weight at Wells Fargo, tgt $105
  • Paramount Skydance (PSKY) resumed with an Underweight at Wells Fargo, tgt $10
  • Pharvaris (PHVS) initiated with an Outperform at RBC Capital, tgt $52
  • Portillo's (PTLO) initiated with a Peer Perform at Wolfe Research
  • Shake Shack (SHAK) initiated with an Outperform at Wolfe Research, tgt $118
  • SOLV Energy (MWH) initiated with a Buy at Guggenheim, tgt $37
  • SOLV Energy (MWH) initiated with a Buy at Jefferies, tgt $32
  • SOLV Energy (MWH) initiated with a Buy at Roth Capital, tgt $35
  • SOLV Energy (MWH) initiated with a Buy at TD Cowen, tgt $32
  • SOLV Energy (MWH) initiated with a Buy at UBS, tgt $42
  • SOLV Energy (MWH) initiated with an Outperform at Robert W. Baird, tgt $36
  • SOLV Energy (MWH) initiated with an Outperform at Evercore ISI, tgt $34
  • SOLV Energy (MWH) initiated with an Outperform at Wolfe Research, tgt $35
  • SOLV Energy (MWH) initiated with an Overweight at JPMorgan, tgt $34
  • SOLV Energy (MWH) initiated with an Overweight at KeyBanc, tgt $34
  • Starbucks (SBUX) assumed with Peer Perform at Wolfe Research
  • Sunbelt Rentals (SUNB) initiated with an Outperform at BNP Paribas Exane
  • Sweetgreen (SG) initiated with a Peer Perform at Wolfe Research
  • Warner Bros. Discovery (WBD) resumed with an Equal Weight at Wells Fargo, tgt $31
  • Webull (BULL) initiated with a Buy at Compass Point, tgt $9
  • Wingstop (WING) initiated with an Outperform at Wolfe Research, tgt $320
  • X4 Pharmaceuticals (XFOR) initiated with a Buy at Guggenheim, tgt $12

• Econ Data (Tuesday):
  • 6:00 ET: February NFIB Small Business Optimism (Briefing.com consensus 99.5; prior 99.3)
  • 10:00 ET: February Existing Home Sales (Briefing.com consensus 3.88 mln; prior 3.91 mln)

• Earnings:
  • Monday (March 9)
    • Pre-Market: BETA  KFY
    • After-Hours: CASY HPE LFMD RPAY MTN VOYG YEXT
      
    Tuesday (March 10)
    • Pre-Market: ABM BNTX KSS LEGN NIO STGW UNFI
    • After-Hours: BMBL CDRE DSGX GRDN HPK NTSK WOOF SFIX PATH
      
  • Wednesday (March 11)
    • Pre-Market: CPB CXM
      
    • After-Hours: AEO BLLN AVGO CBRL GO OKTA RGTI STUB VEEV BULL
  • Thursday (March 12)
    • Pre-Market: ALH DKS DG GIII LI OLLI SNBR TIC
    • After-Hours: ADBE EVCM GDOT KLC LEN AVO PD RBRK S TTAN SVCO ULTA WPM ZUMZ
  • Friday (March 13)
    • Pre-Market: BKE
    • After-Hours: None