Nike's stock rose 4.6% after Apple CEO Tim Cook nearly doubled his stake in the company, despite Nike's recent disappointing earnings and lower sales guidance, reflecting strong confidence in the stock amid challenging market conditions.
Carnival's shares surged after reporting a strong Q4 with a 140% earnings increase, beating estimates, and reinstating its dividend, with optimistic outlooks for 2026. The company set records in 2025, expects further growth, and its stock reached a five-year high, benefiting from record bookings and high occupancy rates. Rival cruise stocks also gained.
Carnival exceeded Q4 earnings expectations with record revenue and strong 2026 guidance, leading to a rise in cruise stocks including Royal Caribbean and Norwegian Cruise Line, signaling a positive outlook for the cruise industry despite recent volatility and Caribbean market concerns.
Nike's shares dropped about 11% after revealing a slowdown in China and margin pressures from tariffs, despite beating Wall Street earnings estimates; revenue growth was mainly driven by North America, while China sales declined significantly, raising concerns about the company's recovery prospects in the region.
Nike's quarterly earnings exceeded estimates due to strong North American sales, but its stock fell 10% after reporting a 17% decline in China sales and impacts from tariffs, with overall revenue growth offset by challenges in China and increased costs.
Micron Technology exceeded analyst expectations with a strong fiscal first quarter, reporting record revenue, significant profit growth, and optimistic guidance, leading to a stock surge in after-hours trading.
The article discusses the potential for a strong 2025 performance in the chip industry, but warns that upcoming earnings reports could pose a challenge, as indicated by chart analysis.
The upcoming week will see key economic data releases, including jobs and inflation reports, amid mixed stock market performance influenced by Federal Reserve policies and corporate earnings, with particular attention to small-cap stocks, tech sector, and global monetary policy decisions.
Alphabet is expected to realize another significant paper gain following SpaceX's recent valuation jump to about $800 billion, which will likely increase the carrying value of its long-standing investment in SpaceX and boost its earnings reported in the next financial statement.
Salesforce's Q3 earnings exceeded expectations with higher profits and improved operating margins, leading to a nearly 5% after-hours stock increase. Despite a slight revenue miss, strong guidance and increased profitability highlight its shift from rapid growth to value creation. The company is also investing in AI, booking $540 million in annual recurring revenue from AI products, aiming to regain double-digit sales growth.
Salesforce's Q3 earnings exceeded expectations with a 35% profit increase and a 9% revenue rise, boosted by its recent $8 billion acquisition of Informatica. The company raised its revenue guidance for the upcoming quarter and full year, reflecting strong growth prospects, especially in AI products like Agentforce, which surpassed $500 million in annual recurring revenue. Salesforce's stock responded positively, climbing over 5% in extended trading, amid ongoing strategic shifts and market expansion.
Stock futures rose on Wall Street following a surprise drop in jobs data, with Nvidia extending its gains and several companies reporting strong earnings, while the market reacts to economic indicators like the lower Treasury yield and rising oil prices.
Dow Jones futures and major indexes showed modest gains amid earnings reports from key companies like American Eagle and Marvell, with market sentiment cautious as economic data is awaited; leading stocks and sectors displayed mixed performance, suggesting a pause after recent gains.
U.S. stock futures rose after major indexes recovered, driven by gains in tech stocks and positive earnings reports, with investors optimistic about a year-end rally and upcoming Federal Reserve rate decision.