U.S. STOCKS ON THE MOVE-Arrow Electronics, fintechs, Amazon.com,

New Jersey Resources

02/02/2023 19:00

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    The Nasdaq rose to a near five-month intraday high as Meta Platforms surged
on rigorous cost controls, while a dovish message from Federal Reserve Chair
Jerome Powell boosted appetite for risky assets.  .N 
    At 13:38 ET, the Dow Jones Industrial Average  .DJI  was down 0.20% at
34,023.88. The S&P 500  .SPX  was up 1.58% at 4,184.14 and the Nasdaq Composite
 .IXIC  was up 3.42% at 12,220.372.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Align Tech Inc  ALGN.O , up 28.8%
 ** Meta Platforms Inc  META.O , up 28.1%
 ** W W Grainger Inc  GWW.N , up 11.7%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Air Products and Chemicals Inc  APD.N , down 6.6%
 ** Aflac Inc  AFL.N , down 6%
 ** Eli Lilly and Co  LLY.N , down 5.5%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Genius Group Limited  GNS.N , up 38.1%
 ** Silvergate Capital Corp  SI.N , up 36%
 ** Carvana Co  CVNA.N , up 28.3%
 
 The top NYSE  .PL.N  percentage loser:
 ** Hanesbrands Inc  HBI.N , down 25.3%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Gaucho Group Holdings Inc  VINO.O , up 146.2%
 ** Innovative Eyewear Inc  LUCY.O , up 128.8%
 ** Cipher Mining Inc  CIFR.O , up 94.2%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Golden Sun Education Group Ltd  GSUN.O , down 35.4%
 ** Motorsport Games Inc  MSGM.O , down 30.8%
 ** Edible Garden AG Inc  EDBL.O , down 27%
 
 
 ** Merck & Co  MRK.N : down 4.2%
 BUZZ - Drops as 2023 profit forecast misses estimates  urn:newsml:reuters.com:*:nL4N34I3KJ 
 ** Honeywell International Inc  HON.O : down 0.3%
 BUZZ - Falls after dour first-quarter profit outlook  urn:newsml:reuters.com:*:nL4N34I3IG 
 ** Align Technology Inc  ALGN.O : up 28.8%
 BUZZ - Jumps after first quarterly beat in 2022  urn:newsml:reuters.com:*:nL4N34I3N5 
 ** SmileDirectClub Inc  SDC.O : up 16.5%
 BUZZ - Rises after peer Align Tech's 'better-than-feared' Q4  urn:newsml:reuters.com:*:nL4N34I2FD 
 ** Pinterest Inc  PINS.N : up 7.7%
 BUZZ - Rises after report of 150 job cuts, Meta results  urn:newsml:reuters.com:*:nL4N34I2IB 
 ** Lannett Company Inc  LCI.N : up 20.2%
 BUZZ - Gains on FY 2023 guidance upgrade, Q2 results  urn:newsml:reuters.com:*:nL4N34I2JI 
 ** Air Products and Chemicals Inc  APD.N : down 6.6%
 BUZZ - Slips on Q4 profit miss  urn:newsml:reuters.com:*:nL4N34I2KY 
 ** FedEx Corp  FDX.N : up 6.9%
 BUZZ - Citi upgrades FedEx, raises PT on cost controls  urn:newsml:reuters.com:*:nL4N34I2N0
 ** Varonis Systems Inc  VRNS.O : up 2.1%
 BUZZ - Needham downgrades Varonis Systems to 'hold'  urn:newsml:reuters.com:*:nL4N34I2M0 
 ** Tenax Therapeutics Inc  TENX.O : up 61.3%
 BUZZ - Soars on U.S. patent for pulmonary hypertension drug  urn:newsml:reuters.com:*:nL4N34I2M9 
 ** Ferrari NV  RACE.N : up 5.1%
 BUZZ - Revs up as 2023 revenue outlook is ahead of estimates  urn:newsml:reuters.com:*:nL4N34I2MO 
 ** Singapore's Flex Ltd  FLEX.O : up 3.3%
 BUZZ - Solar tech firm Nextracker launches $500-mln-plus IPO for pricing next
week  urn:newsml:reuters.com:*:nL1N34I0WB 
 ** Vera Therapeutics Inc  VERA.O : down 15.0%
 BUZZ - Slides on pricing $100 mln share offering  urn:newsml:reuters.com:*:nL1N34I0ZL 
 ** Harley-Davidson Inc  HOG.N : up 9.3%
 BUZZ - Rises after upbeat Q4 results  urn:newsml:reuters.com:*:nL4N34I2RY 
 ** Eli Lilly and Co  LLY.N : down 5.5%
 BUZZ - Falls as Q4 sales miss estimates on lower demand  urn:newsml:reuters.com:*:nL4N34I3JQ 
 **  Inovio Pharmaceuticals Inc  INO.O : up 9.3%
 BUZZ - Up on positive data from Ebola booster vaccine trial  urn:newsml:reuters.com:*:nL4N34I32Y 
 ** Estee Lauder Cos Inc  EL.N : down 2.8%
 BUZZ - Falls on forecast of bigger drop in annual profit  urn:newsml:reuters.com:*:nL4N34I3Q6 
 ** Canada Goose Holdings Inc  GOOS.N : down 20.2%
 BUZZ -Plunges on full-year forecast cut  urn:newsml:reuters.com:*:nL4N34I3NV 
 ** Bristol-Myers Squibb Co  BMY.N : up 1.5%
 BUZZ - Gains on topping Q4 sales estimates  urn:newsml:reuters.com:*:nL4N34I2QW 
 ** Hershey Co  HSY.N : up 2.8%
 BUZZ - Rises on upbeat annual forecast  urn:newsml:reuters.com:*:nL4N34I3RK 
 
 ** ConocoPhillips  COP.N : down 5.0%
 BUZZ - Falls after Q4 profit misses estimates  urn:newsml:reuters.com:*:nL4N34I3QA
 ** Aptiv Plc  APTV.N : up 5.5%
 BUZZ - Up after quarterly results beat estimates  urn:newsml:reuters.com:*:nL4N34I368  
 ** NRx Pharmaceuticals Inc  NRXP.O : up 2.5%
 BUZZ - Rises as DSMB finds depression drug 'safe'  urn:newsml:reuters.com:*:nL4N34I38E  
 ** Hanesbrands Inc  HBI.N : down 25.3%
 BUZZ - Eyes worst day ever as FY profit view below estimates  urn:newsml:reuters.com:*:nL4N34I3U1  
 ** Okta Inc  OKTA.O : up 7.0%
 BUZZ - Rises on plans to cut 300 jobs, Needham upgrade  urn:newsml:reuters.com:*:nL4N34I364  
 ** Bed Bath & Beyond Inc  BBBY.O : up 21.5%
 BUZZ - Jumps as bankruptcy looms  urn:newsml:reuters.com:*:nL4N34I34M  
 ** Focus Financial Partners Inc  FOCS.O : up 8.2%
 BUZZ - Surges on $4.1 bln buyout offer  urn:newsml:reuters.com:*:nL4N34I3C7  
 ** Bed Bath & Beyond Inc  BBBY.O : up 21.5%
 ** Carvana Co  CVNA.N : up 28.3%
 ** Silvergate Capital Corp  SI.N : up 36.0%
 ** AMC Entertainment Holdings Inc  AMC.N : up 10.6%
 BUZZ - Highly shorted Bed Bath & Beyond, Carvana soar amid market rally
 urn:newsml:reuters.com:*:nL1N34I1IT  
 ** Wabash National Corp  WNC.N : up 7.5%
 BUZZ - Nears 18-year high on upbeat 2023 outlook, Q4 profit beat  urn:newsml:reuters.com:*:nL4N34I3GP  
 ** Digi International Inc  DGII.O : up 4.8%
 BUZZ - Rises on Q1 results beat  urn:newsml:reuters.com:*:nL4N34I3K2  
 ** Prestige Consumer Healthcare Inc  PBH.N : down 8.8%
 BUZZ - Falls after downbeat profit forecast  urn:newsml:reuters.com:*:nL4N34I2P5  
 ** Arrow Electronics Inc  ARW.N : up 11.0%
 BUZZ - Rises on upbeat Q1 forecast  urn:newsml:reuters.com:*:nL4N34I3KL  
 ** PENN Entertainment Inc  PENN.O : down 3.9%
 BUZZ - Drops on forecast miss, profit decline  urn:newsml:reuters.com:*:nL4N34I3JE  
 ** New Jersey Resources Corp  NJR.N : up 6.0%
 BUZZ - Climbs on upbeat Q1 results, forecast raise  urn:newsml:reuters.com:*:nL4N34I3LV  
 ** CleanSpark Inc  CLSK.O : up 13.4%
 BUZZ - Rises on 50% rise in bitcoin mining in January  urn:newsml:reuters.com:*:nL4N34I3M6 
 ** Affirm Holdings Inc  AFRM.O : up 25.6%
 ** Upstart Holdings Inc  UPST.O : up 24.5%
 ** SoFi Technologies Inc  SOFI.O : up 6.9%
 ** LendingClub Corp  LC.N : up 9.8%
 BUZZ - Fintechs surge as rate-hike worries ease in upbeat market  urn:newsml:reuters.com:*:nL4N34I3OK  
 ** Amazon.com Inc  AMZN.O : up 7.6%
 BUZZ - Gains ahead of Q4 results   urn:newsml:reuters.com:*:nL4N34I3PD  
 ** Purple Biotech Ltd  PPBT.O : up 7.7%
 BUZZ - Rises on deal to acquire privately held Immunorizon  urn:newsml:reuters.com:*:nL4N34I3PM  
 ** Corteva Inc  CTVA.N : down 4.0%
 BUZZ - Slips as 2023 outlook misses expectations  urn:newsml:reuters.com:*:nL4N34I3QS  
 ** UnitedHealth Group Inc  UNH.N : down 5.2%
 ** Humana Inc  HUM.N : down 5.1%
 ** Elevance Health Inc  ELV.N : down 4.4%
 ** Cigna Corp  CI.N : down 3.7%
 BUZZ - Health insurers fall on proposed 2024 Medicare Advantage rate
 urn:newsml:reuters.com:*:nL4N34H3YM  
 ** Lumen Technologies Inc  LUMN.N : up 6.6%
 BUZZ - Climbs on $223 mln contract from a U.S. defense agency  urn:newsml:reuters.com:*:nL4N34I3RP  
 ** Newmont Corp  NEM.N : down 3.0%
 ** Barrick Gold Corp  GOLD.N : down 3.0%
 ** AngloGold Ashanti Ltd  AU.N : down 0.3%
 ** Harmony Gold Mining Company Ltd  HMY.N : down 2.3%
 BUZZ - Gold miners fall as bullion slips from nine-month peak on stronger
dollar  urn:newsml:reuters.com:*:nL4N34I3RU  
 ** EQT Corp  EQT.N : up 0.6%
 ** Chesapeake Energy Corp  CHK.O : up 1.5%
 ** Tellurian Inc  TELL.N : up 4.3%
 ** CNX Resources Corp  CNX.N : up 1.2%
 BUZZ - Natural gas shares rise on more flows to Freeport LNG, higher heating
demand  urn:newsml:reuters.com:*:nL4N34I3S6  
 ** Alphabet Inc  GOOGL.O : up 6.6%
 BUZZ - Jumps on Meta rally as Q4 results loom  urn:newsml:reuters.com:*:nL4N34I3NZ  
 ** Qualcomm Inc  QCOM.O : down 0.3%
 BUZZ - Dec-qtr revenues seen down 10%  urn:newsml:reuters.com:*:nL1N34I1XU  
 ** Lazard Ltd  LAZ.N : up 4.1%
 BUZZ - Hits 1-year high on Q4 revenue beat, dovish Fed message  urn:newsml:reuters.com:*:nL4N34I3T7  
 ** Apple Inc  AAPL.O : up 3.3%
 BUZZ - Up with other tech-focused shares; results due after the bell
 urn:newsml:reuters.com:*:nL1N34I20R  
 ** Freeport-McMoRan Inc  FCX.N : down 2.9%
 ** Southern Copper Corp  SCCO.N : down 3.3%
 ** BHP Group Ltd  BHP.N : down 3.9%
 ** Rio Tinto PLC  RIO.N : down 4.8%
 BUZZ - Copper miners down on stronger dollar, lower Chinese demand  urn:newsml:reuters.com:*:nL4N31P36G
 
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 6.94%
 Consumer Discretionary   .SPLRCD   up 3.84%
 Consumer Staples         .SPLRCS   down 1.08%
 Energy                   .SPNY     down 2.47%
 Financial                .SPSY     up 0.49%
 Health                   .SPXHC    down 0.94%
 Industrial               .SPLRCI   up 0.99%
 Information Technology   .SPLRCT   up 2.76%
 Materials                .SPLRCM   down 0.21%
 Real Estate              .SPLRCR   up 2.38%
 Utilities                .SPLRCU   up 0.37%
 (Compiled by Rajarshi Roy and Anirban Chakroborti)
 ((Rajarshi.Roy@thomsonreuters.com))