U.S. STOCKS ON THE MOVE-Tesla, Meta, Costco, Bumble, Broadcom

Hibbett

03/03/2023 16:07

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U.S. stocks rose on Friday as Treasury yields took a breather from a week-long
rally that was sparked by worries that the Federal Reserve would keep interest
rates higher for longer to tame stubborn inflation.  .N 
    
    At 10:50 a.m. ET, the Dow Jones Industrial Average  .DJI  was up 0.34% at
33,115.03. The S&P 500  .SPX  was !RIC {.SPX} is invalid and the Nasdaq
Composite  .IXIC  was up 1.15% at 11,594.524.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Cooper Cos Inc  COO.N , up 5.8%
 ** Meta Platforms  META.O , up 4.9%
 ** Align Technology Inc  ALGN.O , up 4.6%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Costco Wholesale Corp  COST.O , down 3.2%
 ** Hormel Foods  HRL.N , down 2.8%
 ** Lumen Tchnlg Ord  LUMN.N , down 2.2%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** C3ai Inc  AI.N , up 25.1%
 ** Samsara Inc  IOT.N , up 19.8%
 ** Heritage Insurance Holdings Inc  HRTG.N , up 17.6%
 
 The top three NYSE  .PL.N  percentage losers:
 ** Eagle Bulk Shipping Inc  EGLE.N , down 14.3%
 ** CPI Aerostructures Inc  CVU.N , down 13.5%
 ** V2x Inc  VVX.N , down 9.5%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Altamira Therapeutics Ltd  CYTO.O , up 47.9%
 ** Seer Inc  SEER.O , up 35.2%
 ** Ardelyx Inc  ARDX.O , up 30.3%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Veru Inc  VERU.O , down 38%
 ** Neuropce Inc  NPCE.O , down 20.5%
 ** Caredx Inc  CDNA.O , down 18.4%
 
 ** Costco Wholesale Corp  COST.O : down 3.2%
 BUZZ - Slips as quarterly revenue misses estimates  urn:newsml:reuters.com:*:nL4N35B27N 
    
 **  Ardelyx Inc  ARDX.O : up 30.3%
 BUZZ - Rises on upbeat bowel disease drug sales, regulatory update for renal
drug  urn:newsml:reuters.com:*:nL4N35B283 
    
 ** C3.ai Inc  AI.N : up 25.1%
 BUZZ - AI stocks surge after C3.ai's Q3 sales beat  urn:newsml:reuters.com:*:nL4N35B28H 
    
 ** Cidara Therapeutics Inc  CDTX.O : down 12.2%
 BUZZ - Tumbles on deep-discounted stock offering  urn:newsml:reuters.com:*:nL4N35B2TC
    
 ** Bumble Inc  BMBL.O : down 8.6%
 BUZZ - Falls as Blackstone, CEO sell shares in upsized secondary offering
 urn:newsml:reuters.com:*:nL1N35B0RL 
    
 ** Veru Inc  VERU.O : down 38.0%
 BUZZ - Dips after FDA declines emergency use of COVID-19 drug  urn:newsml:reuters.com:*:nL4N35B2BZ 
    
 ** Marvell Technology Inc  MRVL.O : down 7.0%
 BUZZ - Falls after dour first quarter forecast  urn:newsml:reuters.com:*:nL4N35B2CZ 
    
 ** Marathon Petroleum Corp  MPC.N : up 1.3%
 BUZZ - Jefferies bumps Marathon Petroleum to 'buy' on strong cash balance [] 
    
 ** Exelixis Inc  EXEL.O : down 1.8%
 BUZZ - Falls after kidney cancer drug trial fails to meet target  urn:newsml:reuters.com:*:nL4N35B2IV 
    
 ** Apple Inc  AAPL.O : up 2.7%
 BUZZ - Could rally over 20% in next 12 months - Morgan Stanley  urn:newsml:reuters.com:*:nL4N35B2JR 
    
 ** Tesla Inc  TSLA.O : up 3.1%
 BUZZ - Shares rise on jump in China-made EV sales  urn:newsml:reuters.com:*:nL4N35B2NI 
    
 ** Broadcom Inc  AVGO.O : up 4.1%
 BUZZ - Climbs as Q2 forecast gets AI boost  urn:newsml:reuters.com:*:nL4N35B2NU 
    
 ** Newmont Corp  NEM.N : up 1.3%
 ** Barrick Gold Corp  GOLD.N : up 0.2%
 ** Gold Fields Ltd  GFI.N : up 2.8%
 ** AngloGold Ashanti Ltd  AU.N : up 2.3%
 BUZZ - Gold miners climb as softer dollar lifts bullion  urn:newsml:reuters.com:*:nL4N35B2NM 
    
 ** Hibbett Inc  HIBB.O : down 4.3%
 BUZZ - Falls on dour Q4 results, soft annual forecast  urn:newsml:reuters.com:*:nL4N35B2KA 
    
 ** Praxis Precision Medicines Inc  PRAX.O : down 63.3%
 BUZZ - Plunges as tremor drug fails in mid-stage study  urn:newsml:reuters.com:*:nL4N35B2PA 
    
 ** Coinbase Global Inc  COIN.O : down 1.4%
 ** Bitfarms Ltd  BITF.O : down 5.5%
 ** Marathon Digital Holdings Inc  MARA.O : up 0.5%
 ** Hut 8 Mining Corp  HUT.O : down 6.2%
 BUZZ - Crypto stocks fall as Bitcoin stretches declines to 2-week low
 urn:newsml:reuters.com:*:nL4N35B2NR 
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 1.63%
 Consumer Discretionary   .SPLRCD   up 1.51%
 Consumer Staples         .SPLRCS   down 0.51%
 Energy                   .SPNY     up 0.14%
 Financial                .SPSY     up 0.69%
 Health                   .SPXHC    up 0.35%
 Industrial               .SPLRCI   up 0.29%
 Information Technology   .SPLRCT   up 1.24%
 Materials                .SPLRCM   up 0.70%
 Real Estate              .SPLRCR   up 1.31%
 Utilities                .SPLRCU   up 0.26%
 
 (Compiled by Rajarshi Roy and Nathan Gomes)
 ((Nathan.gomes@thomsonreuters.com))