Nvidia (NASDAQ:NVDA) provided a strong forecast yesterday, despite supply constraints, after doubling profits and producing record sales in the holiday quarter.
On Friday, shares of customer relationship management (CRM) platform HubSpot (NYSE:HUBS) traded sharply higher, surging as much as 11.5%, driven by relatively healthy fourth-quarter 2021 results.
Airbnb Inc. (NASDAQ:ABNB) beat revenue and profit estimates in the fourth quarter, despite a resurgence of Covid-19 infections, heading into 2022 even stronger than before the pandemic.
According to people familiar with the matter, Intel is close to a deal to buy Tower Semiconductor Ltd (NASDAQ:TSEM) for about $5 billion in its latest move to bolster a plan to make more chips for other companies.
Uncertainty over how aggressively the Federal Reserve is going to raise interest rates and concerns over tensions between Ukraine and Russia looks set to dominate market sentiment this week.
Heading into Uber's (NYSE:UBER) fourth-quarter earnings report, investors were already bracing for an Omicron-related downturn in its Mobility segment. And although Covid impacted the ride-hailing giant's business, the company delivered stellar results on the heels of a recovering economy and returning demand for its services.
Shares of Twilio Inc. (NYSE:TWLO), a marketing communications software builder, soared over 20% after projecting sales that topped estimates in the current period and reporting better-than-expected fourth-quarter revenue.
On Tuesday, Ferrari said it would partner with Qualcomm Technologies (NASDAQ:QCOM) to use the San-Diego-based group's premium product, the Snapdragon chipsets, to accelerate the sports carmaker's digital transformation.
Walt Disney (NYSE:DIS) delivered better-than-expected results and eased concerns that the streaming video boom was running out of steam, reporting a solid increase in new subscribers to Disney Plus.
Before the market opened on Tuesday, the blue-chip biotech company Pfizer (NYSE:PFE) delivered solid 2021 full-year and fourth-quarter numbers. Driven by sales from the COVID-19 vaccine, the company beat its guidance of manufacturing over 3 billion COVID-19 vaccine doses in FY21.
Shares of Take-Two Interactive (NASDAQ:TTWO) shed more than 4% during extended trading on Monday after the key sales metric for the video game company's third-quarter came in short of analyst expectations.
Today, Nvidia (NASDAQ:NVDA) and Softbank Group Corp announced it is abandoning their previously announced deal whereby NVIDIA would acquire Arm Limited from SBG.
Shares of Peloton Interactive Inc (NASDAQ:PTON). rose as much as 43% in extended trading Friday. The surge follows a report from the Wall Street Journal, stating that the home fitness company is attracting acquisition interest from potential suitors, including Amazon, citing people familiar with the subject.
On Thursday, IBM said it is partnering with Quebec to boost quantum computing that could help advance areas like battery development.
Last week has witnessed Mark Zuckerberg's wealth plummeting as much as $31 billion after shares of Meta Platforms (NASDAQ:FB) plunged 26%, dropping $252 billion of its market value - marking it the biggest ever one-day wipeout for any U.S. Company. Let's see what's ahead in this week's markets:
QCOM recently delivered better-than-expected results, with shares of the semiconductor manufacturer gaining 21% over the past six months.
Shares of T-Mobile (NASDAQ:TMUS) jumped 9% at about $119.50 after-hours following the company's reported Q4 results on Wednesday.
Amazon, often criticized for its harsh working conditions, announced that it would add around 1500 apprenticeships in its UK stores in 2022.
On Monday, Sony Interactive Entertainment LLC announced it has entered into definitive agreements to acquire Bungie, Inc. for $3.6 billion.
After the closing bell Tuesday, Google parent Alphabet released its fourth-quarter revenue, providing better-than-expected financial results.
According to a Bloomberg report, Ford Motor Co. could spend up to $20 billion as it converts factories into electric-vehicle production.
On Monday, shares of the music and podcast streaming company Spotify T jumped as much as 13.5% after Podcast host issued an apology.
As Starbucks (NASDAQ:SBUX) approaches its next earnings release on Tuesday, 1 February 2022, investors will be hoping for strength.
Elevated market volatility looks set to continue as investors try to gauge how aggressively the Fed may act in its fight against inflation.
The Dow Jones Industrial Average was down 0.2%, while the S&P 500 was up 0.3%. It was a record close for Nvidia, bringing its market value to about $791.9 billion. On Thursday, Nvidia shares jumped 8.3% to close at $316.75.
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