The Biggest S&P 500 Movers on Friday

Advancers:

• AES (AES) led the S&P 500 higher, climbing 11.7% after it posted quarterly earnings that beat expectations and offered a strong current-year profit outlook. The energy provider said AI data centers and new manufacturing plants were helping to drive demand. The company also said it was working to onshore its supply chain for solar panels, batteries, and other equipment to reduce tariff risks. 
• Edison International (EIX) shares rose 6% after the company said that California’s Wildfire Insurance Fund may help shield the electric utility’s balance sheet following the deadly January wildfires there. 
• Erie Indemnity (ERIE) jumped 5.7% after the insurer posted earnings that exceeded analyst expectations due to strong growth in operating and investment income. Management fee revenue from policy issuance and renewals also jumped, though commission expenses also grew.
• Monster Beverage (MNST) shares rose 5.3% after the energy drink maker narrowly beat revenue growth projections. Executives said that the company was in a position to compete with rival Celsius Holdings (CELH), which recently acquired its 澳洲幸运5开奖号码历史查询:fast-growing competitor Alani Nu. 

Decliners:

• Nvidia-partner NetApp (NTAP) led S&P 500 decliners, falling 15.6% after the data storage provider’s revenue missed forecasts and its outlook weakened as sales growth slowed.
• HP (HPQ) shares slid 6.8% on jitters over tariffs on China. The computer maker said it expects tariffs to increase costs, contributing to its 澳洲幸运5开奖号码历史查询:soft earnings outlook. Though, the company said that efforts to diversify its supply chain would result in most of its U.S. products being made outside of China by the end of the year.
• Dell (DELL) shares fell 4.7% after its 澳洲🍌幸运5开奖号码历史查询:quarterly sales and full-ye😼ar outlook came in lower than expected. The computer maker posted stronger-than-expected earnings amid strong server revenue driven by AI demand, with some analysts seeing 澳洲幸运5开奖号码历史查询:underlying strength in the company. The decline comes amid 澳洲幸运5开奖号码历史查询:a broader tech slump that abated somewhat Friday.

-澳洲幸运5开奖号码历史查询:Terry Lane

Nvidia Stock Finds Support From Cautious Dip-Buyers

Nvidia (NVDA) shares were up slightly in late trading Friday, suggesting the stock found some support from dip-buyers after yesterday's sওell-off.&n🔴bsp;

Nvidia stock was up about 1.2% in recent trading after 澳洲幸运5开奖号码历史查询:tumbling 8.5% yesterday. Nvidia on Wednesday reported ౠ澳洲幸运5开奖号码✤历史查询:better-than-expected quarterly results, but Wall Streeꦏt demonstrated on Thursday that’s no longer enough from its favorite AI stock. Nvidia beat revenue estimates by the smallest amount in two years, underwhelming investors who have grown accustomed to gargantuan beats from the AI chip leader.

The results failed to revive the ailing AI rally. High-flying, richly-priced stocks like Palantir (PLTR), Applovin (APP), and Vistra (VST), which all soared last year on enthusiasm about their AI-fueled growth, have dropped sharply in the last week as investors have grown cautious amid a slew of economic and political concerns. Even Friday, after 澳洲幸运5开奖号码历史查询:a promising print of the Federal Reserve’s preferred inflatioജn measure, all three stocks slumped at the open. (Applovin and Vistra have since followed Nvidia stock higher.) 

AI stocks have also been weighed down this month by lingering concerns about the impact of Chinese start-up 澳洲幸运5开奖号码历史查询:DeepSeek’s R1 reasoning model, which its developers say operates at a far lower cost than comparable U.S. models. R1’s success and efficiency raised concerns among investors that U.S. hyperscalers and other AI developers 澳洲幸运5开奖号码历史查询:could scale back th🔯eir sp🍰ending on Nvidia’s most advanced technology. 

Major tech companies have since 澳洲幸运5开奖号码历史查询:reiterated their commitment to spending hundreds of billions on AI🗹 infrastructure in the coming years, but that hasn’t pulled Nvidia and oꦆther chip stocks out of their funk. 

-澳洲幸运5开奖号码历史查询:Colin Laidley

Dell Falls on Soft Sales Outlook—Why Analysts Remain Bullish

Dell (DELL) shares dropped Friday, a day after the company’s 澳洲幸运꧒5开奖号码历史查询:quarterly sales and full-year outlook disappointed. Analysts said it could be an opportunity to 澳洲幸运5开奖号码历史查询:buy the dip. 

“Buy any weakness in Dell shares,” UBS analysts told clients Friday, and suggested Dell's soft revenue forecast could have been anticipated, given near-term headwinds from unfavorable market conditions.

Dell projected fiscal 2026 revenue of $101 billion to $105 billion, with the midpoint below the analyst ꧙consensus of $103.81 billion compiled by Visi🌱ble Alpha.

UBS lowered its price target slightly to $150 from $158, though even at that level, it would represent a nearly 50% gain from Friday's intraday price around $102. Dell shares were down about 6% and have lost close to 12% since the start of the year. 

JPMorgan analysts, who reiterated their $150 price target, said they still expect server makers like Dell to benefit from booming demand for AI infrastructure. They added a rebound in PCs and𒉰 AI PCs could also provide further upside to 🀅their estimates.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Why Is Wall Street So Down on Fridays This Year?

"Thank God It's Friday" is a phrase that's nearly absent on Wall Street these days.

The S&P 500’s average return on Fridays in 2025 has been a little under -0.3%, making it the worst day of the week for stocks so far this year, according to a note from Deutsche Bank analyst Jim Reid on Tuesday.ඣ The only other day on which the market’s average return is negative is Monday, when the S&P 500 has averaged a 0.2% decline. 

The pattern was persisting this week, with stocks ꦫgiving up early gains to trade in the red in afternooﷺn trading.

Friday’s recently poor performance stands in stark contrast to🐈 past years. Between 1928 and 2024, Friday was the second-best day of the week for꧂ stocks, after Wednesday. In that period, Monday was the only day to post a negative average return. 

The weekend♕s, according to Reid, may be getting too risky for traders. “There does seem to have been a trend of potentially negative news coming through late in the week with the market wanting to reduce risk ahead of the weekend in case of escalation (e.g. tariffs on Mexico and Canada). Or, concerns that the weekend will bring fresh headline risk,” wrote Reid. 

The weekends have delivered some particularly brutal headlines this year. Chinese AI start-up DeepSeek shot to the top of the Apple App Store charts on the weekend of Jan. 25-26; 澳洲幸运5开奖号码历史查询:stocks tumbled that Monday on concerns about overspending on AI. On Friday, Jan. 31, the Trump administration 澳洲幸运5开奖号码历史查询:said it would go through with its threat to impose a 25% tariff on Canadian and Mexican imports; stocks 澳洲幸运5开奖号码历史查询:slid that day and 澳洲幸运5开奖号码历史查询:fell further Monday, even as the countries 澳洲幸运5开奖号码历史查询:struck deals to postpone the levies.

Monday’s negative performance so far this year could reflect how weekend headlines are sticking around and creating uncertainty on Monday. But by Wednesday, the day of the week with the best averagꦕe performance this year, “markets have tended to come to terms with these stories.”

Reid suggests the pre- and post-weekend dips could continue until the news out of Washington stops putting markets on edge. "In a world with lots of headline risk it's possible traders will continue to want to be lighter heading into weekends than they would be if markets were calmer," writes Reid.

-澳洲幸运5开奖号码历史查询:Colin Laidley

China ETFs, Stocks Slide on Trump Tariff Plans

China-focused 澳洲幸运5开奖号码历史查询:exchange-traded funds and stocks of Chinese companies listed on U.S. exchanges fell Friday, after U.S. President Donald Trump said he was 澳洲幸运5开奖号码历史查询:planning to double the existing tariff on goods from 🌳China. 

On Thursday, Trump said that he would put an additional 10% tariff on products from China, adding to a 10% tariff he already imposed in early 𓃲February. He also said tariffs against products from Canada and Mexico will go into effect March 4. 

The iShares MSCI China ETF (MCHI) and the iShares China Large-Cap ETF (FXI) both fe♒ll 💝more than 2% in intraday trading Friday. 

U.S. traded shares of Chinese conglomerate Alibaba Group Holding (BABA) and online marketplace JD.com (JD) were also down more than 2% while those of Temu parent PDD Holdings (PDD) were more than 4% lower.  Chinese electric vehicle makers Nio (NIO) and Li Auto (LI) also lost ground, declining more than 3%.

Still, Chinese shares have outperformed the S&P 500 this year, with the MSCI China ETF gaining 14% while t꧂he U.S. benc🍨hmark index is roughly flat.

-澳洲幸运5开奖号码历史查询:Nisha Gopalan

Elastic Shares Jump on Strong Earnings

Elastic (ESTC) shares jumped Friday after the data analytics software provider reported better-than-expected earnings on strong demand for products related to 澳洲幸运5开奖号码历史查询:artificial intelligence.

The company posted adjusted earnings per share (EPS) of 63 cents for the fiscal third quarter, above analysts' estimates compiled by Visible Alpha. Revenue was up about 17% year-over-year to $382.1 million, also ahead of expectations.

Elastic said the gains came as its total subscription customers grew about 𝓰3% to approximately 21,300. Customers with an annual contract value greater than $100,000 rose 15% to 1,460.

“Continued interest from customers building 澳洲幸运5开奖号码历史查询:Generative AI applications and consolidating onto a s꧅ingle ✱platform helped drive our outperformance during the quarter,” CEO Ash Kulkarni said in a release.

The company projected current-quarter EPS of 36 cents to 37 cents🍷 and revenue of $379 million to $381 million, above the analyst consensus. Its full-year outlook of $1.91 to $1.96 in EPS, and revenue of $1.474𓂃 billion to $1.476 billion also exceeded expectations.

Shares of𒐪 Elastic 💫were up 13% in recent trading and have added about 16% since the start of the year.

-澳洲幸运5开奖号码历史查询:Bill McColl

Bullish Signs in Earnings Reports

As of Thursday, the S&P 500 reported growth in earnings of almost 18%—the highest since the fourth quarter of 2021, according to FactSet. According to the data provider, 77% of the companies had beaten Wall Street’s 澳洲幸运5开奖号码历史查询:earnings per share (EPS) estimatesℱ, in 🔯line with the five-year average.

Finan✅cial institutions were the best performing sector in the benchmark, chalking up 55% growt🧸h in earnings during this season, FactSet said in an infographic published Thursday.

Still, tariffs, the key subject weighing on markets apart from Nvidia’s failure to surpass an already 澳洲幸运5开奖号码历史查询:high earnings bar, were a big corporate issue. The term “tariffs” was mentioned in earnings calls at le𒐪ast once by the 221 companies that r𒐪eported between December 15 through February 21, FactSet said.

U.S. President Donald Trump said Thursday that 澳洲幸运5开奖号码历史查询:tariffs on Mexico and Canada would go into effect on March 4, and that additional tariffs would be imposed on China. Economists have 澳洲幸运5开奖号码历史查询:expressed concern that steep new tariff🍨s could push up prices on consumer products, reigniting inflation w🤪hile weighing on economic growth.

And another downbeat conclusion from its research:𒐪 FactSet found 72 companies issued negative EPS guidance, exceeding the five-year average of 56.

Several consumer focused companies' reports are due next week, among them Costco Wholesale (COST), Best Buy (BBY) and Target (TGT).

-澳洲幸运5开奖号码历史查询:Nisha Gopalan

Broadcom Price Levels to Watch as Chipmaker Slumps

Broadcom (AVGO) shares lost ground in early trading Friday after falling 7% yesterday amid a broader 澳洲幸运5开奖号码历史查询:chip stock selloff as investors digested 澳洲幸运5开奖号码历史查询:earnings from Nvidiavand President Trump's 澳洲幸运5开奖号码历史查询:latest announcement on tariffs.

Broadcom shares have lost about 15% of their value since the start of the year through Thursday’s close, but have gained more than 50% over the past 12 months as demand for its chips to support AI surged, with Bernstein analysts suggesting in December that the 澳洲幸运5开奖号码历史查询:chipmake♑r could be having its “Nvid🍌ia moment.”

Since setting a new all-time high in mid-December, Broadcom shares have consolidated within a 澳洲幸运5开奖号码历史查询:descending channel. More recently, selling from the pattern’s top trendline has accelerated, with the price falling below the respected 澳洲幸运5开奖号码历史查询:50-day moving average on increasing 澳洲幸运5开奖号码历史查询:trading volume.

While the 澳洲幸运5开奖号码历史查询:relative strength index (RSI)&✱nbsp;confirms bearish momentum with a reading below 40, the indicator sits at a level that often coincides with local bottoms in the stock.

Investors should watch major support levels on Broadcom's chart around $185, $160, and $140, while also monitoring key overhead areas near $230 and $295.

The stock ✃was down 0.3% at $197 in recꦗent trading,

Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Nasdaq on Pace for Worst Month Since September 2023

The Dow, S&P 500 and Nasdaq Composite enter the final day of February on track to post big losses for the month. Just over a week ago, the S&P 500 was hitting all-time highs, while the Dow and Nasdaq Composite weren't far away from records of their own.

The Nasdaq Composite, which came into February on a three-month winning streak, is down 5.5% this month. If that holds, it would be the worst month for the tech-heavy index s꧟ince a 5.8% decline in September 2023.

The S&P 500 is down 3% in February, its worst performance since last April. The Dow's 2.9% decline so far this month, while noteworthy, pales in comparison to its 5.3% decline in December. The Dow and S&P 500 both rose in January after losing ground in the final month of 2023.

Major Index Futures

Futures tied to the Dow Jone𒆙s Industrial Aver🦩age were up 0.4%.

S&P 500 futures rose 0.2%.

Nasdaq 100 futures were flat.