Stocks move on upgrades, court rulings and corporate news

Date:

Vertiv jumps after analyst upgrade

Shares of Vertiv rose 8% after Barclays upgraded the data center infrastructure provider to overweight from equal weight. The bank said recent share price volatility has created an attractive entry point and expects upside to earnings estimates to support further outperformance.

Sable Offshore surges on pipeline ruling

Sable Offshore shares soared nearly 19% after a federal court denied a request from environmental groups to halt the restart of the company’s Las Flores pipelines in California. While litigation will continue, the decision clears the way for pipeline operations to resume.

Sandisk and ASML extend strong momentum

Sandisk shares jumped almost 11% as trading in 2026 began. The flash memory company, spun off from Western Digital in February, gained nearly 560% in 2025, driven by data center demand and its addition to the S&P 500 in November.

ASML shares rose 8% with no clear catalyst, building on a 54.4% gain recorded in 2025.

Baidu rallies on planned semiconductor spinoff

Baidu climbed 12.8% after announcing plans to spin off its semiconductor unit, Kunlunxin, and pursue a listing in Hong Kong.

Retailers rise on tariff delay

Shares of home goods retailers Wayfair, RH, and Williams-Sonoma advanced after President Donald Trump delayed a proposed 30% tariff increase on upholstered furniture. Wayfair gained 6.4%, RH rose 10%, and Williams-Sonoma added 5%.

Tesla slips on delivery shortfall

Tesla shares fell 1% after the electric vehicle maker reported fourth-quarter deliveries of 418,227 vehicles, down 16% from a year earlier and below the 426,000 expected by analysts.

Chipmakers and EV stocks see gains

Taiwan Semiconductor Manufacturing shares climbed 3.7% after the US granted the company its annual license to import equipment into China.

Chinese EV makers Li Auto and Nio each rose 1.6% following December delivery reports. Li Auto delivered 44,246 vehicles, while Nio reported deliveries of 48,135 units.

Warby Parker ticks higher on bullish call

Warby Parker shares rose 2.9% after Loop Capital named the eyewear company a top pick for 2026, citing expanding EBITDA margins and an attractive risk reward profile.

  • Tags
  • n

Share post:

Popular

More like this
Related

Tesla loses EV sales crown after second year of decline

Global deliveries fall as competition intensifies Tesla has lost its...

Disney to pay $10m over children’s privacy violations

Settlement over mislabeled YouTube content The Walt Disney Company has...

New laws and regulations take effect in Ontario in 2026

Stricter penalties for impaired driving Ontario is introducing tougher measures...

Octopus Energy to Spin Off Kraken Ahead of Possible IPO

Standalone funding round values Kraken at $8.65 billion British renewable...