The stock market saw slight gains with the Dow, S&P 500, and Nasdaq all increasing, while tech-heavy Nasdaq stocks remained above their 21-day moving average. WD-40 stock soared 14% after reporting better-than-expected earnings, while Nvidia hit a new all-time high. Amazon announced layoffs at Twitch and its video studios, while Meta Platforms stock jumped nearly 4%. Hewlett Packard Enterprise rose 1% after a previous sell-off, and Intuitive Surgical gapped up after reporting strong revenue. Bitcoin-related stocks fluctuated as the price of bitcoin rebounded, and Lennar raised its annual cash dividend. Etsy fell after a downgrade, while Toast and Bloom Energy saw upgrades from Goldman Sachs.
WD-40 Multi-Use should not be used on door hinges as it can attract dust and grime, making them squeak even more. Instead, use WD-40 Specialist Silicone Lubricant, which dries smoothly and leaves no residue. Shake the can well, aim at the hinge pin, and spray thoroughly. The formula lasts longer than competing brands, saving product and money.
Calcium buildup on the outside of potted plants can be removed using WD-40. First, clean the planter of dirt and debris. Shake the can of WD-40 and spray a light coat onto the affected areas. Let it sit for a few minutes, then scrub with a soft cloth or brush. Rinse with water to remove residue. To prevent future buildup, use filtered or rainwater for watering and regularly clean the planters.
Instead of throwing out your old pair of scissors when they become dull or rusty, you can use WD-40 to keep them sharp and rust-free. WD-40, known for its versatility around the house, was actually invented to prevent and remove rust. Simply spray WD-40 onto the scissors, focusing on the fulcrum, and scrub off any oxidized metal. For extremely rusted scissors, you can enhance the effectiveness of WD-40 by using a salt-and-bag trick and rubbing a lemon over the blades. Rust-free scissors not only ensure clean cuts but also prevent safety concerns.
Shutterstock shares surged 10% after announcing an expanded partnership with OpenAI, while Newell Brands jumped over 10% following a buy rating from Canaccord. Zillow saw an 11% increase after being upgraded by Piper Sandler, and Salesforce gained over 2% after announcing price hikes. WD-40 shares popped more than 15% on strong fiscal third-quarter results. In other news, 3M, Amazon, JetBlue Airways, Xpeng, JPMorgan Chase, Novo Nordisk, Scotts Miracle-Gro, Generac, and U.S. Bancorp also experienced notable stock movements.
WD-40 stock rose 4% in after-hours trading after reporting strong fiscal third-quarter results, with net sales up 15% and net income up 30% year over year. The company's CEO expressed confidence in its ability to perform well in the long run. On the other hand, PriceSmart stock fell 5% in after-hours trading despite announcing a stock buyback program and reporting solid financial results, including a 6.4% increase in total revenue and a 65% increase in adjusted net income. Investors were looking for stronger evidence of a recovery from the warehouse retailer.
WD-40 is not recommended for lubricating garage doors as it is not a lubricant and can damage the powder-coat finish and nylon rollers. Garage doors need occasional lubrication to keep them opening and closing smoothly, and there are many products available that work much better than WD-40, such as 3-in-1 Professional Garage Door Lubricant and Blaster Silicone Garage Door Lubricant.
WD-40 can be used as an insect repellent by creating a barrier between the outside and inside of your home. By using a light coating around doorframes, windows, and any other openings, it deters insects from coming in and seals up your house. It can also be used to manage infestations by spraying it wherever you see the infestation and in any small cracks or holes nearby. This common hardware store product could be the best hack for keeping bugs out of your home this year.