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Jan 28, 2026
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ASML Holding jumped 5.5% to $1,535.68 after the advanced semiconductor equipment company reported strong sales and orders in its latest quarter.
Net sales in the fourth quarter increased to €9.7 billion from €9.2 billion, net income increased to €2.8 billion from €2.7 billion, and diluted earnings per share advanced to €7.34 from €6.83 a year ago.
Net bookings in the quarter rose to €13.2 billion from €5.4 billion in the previous quarter, and backlog at the end of the quarter increased to €38.8 billion.
ASML expects total net sales in the first quarter to be between €8.2 billion and €8.9 billion, with a gross margin between 51% and 53%, and 2026 total net sales to be between €34 billion and €39 billion, with a gross margin between 51% and 53%.
The company announced a new stock repurchase program of up to €12 billion ending at the end of 2028. -
Health insurance companies fell sharply after the Trump administration proposed to keep Medicare Advantage rates flat in 2027.
The Centers for Medicare and Medicaid proposed to raise insurance rates 0.09% in 2027, sharply lower than the 4% estimated by several analysts.
UnitedHealth Group, Humana, CVS Health, Molina Healthcare, Centene, and Elevance Health dropped between 5% and 14%.
Separately, UnitedHealth reported weaker-than-expected fourth-quarter results and issued a softer guidance for the current quarter.
Revenue increased to $113.2 billion from $100.8 billion, net income attributable to shareholders fell to $10 million from $5.5 million, and diluted earnings per share dropped to 1 cent from $5.98 a year ago.
The company's performance in the fourth quarter was negatively impacted by costs related to cyber attacks ($799 million), restructuring and other charges ($2.5 billion), and gains from portfolio divestiture ($442 million).
The net negative impact on the quarterly net earnings was $1.6 billion or $1.78 billion. -
Costco Wholesale Corp. extended its two-day gain to 5% and rose to $919.71 after the company's December sales rose.
U.S. core comparable store sales rose 6.3% in December, on top of 9.8% in the month a year ago, indicating solid performance over two years despite the tough comparison. -
Tilray Brands soared 10% to $10.0, and the cannabis company reported record revenue in the fiscal second quarter.
Net revenue increased 3% to $217.5 million from $211 million, net loss improved to $43.5 million from $85.3 million, and diluted loss per share improved to 41 cents from 99 cents a year ago. -
Nvidia Corp., the AI chip maker at the center of a seven-month-long market rally, reported revenue soared 62% from a year ago to a record $57 billion in its latest quarter, soothing market nerves.
Revenue soared 62% to $57 billion from $35.1 billion, net income advanced 65% to $31.9 billion from $19.3 billion, and diluted earnings per share jumped to $1.30 from 78 cents a year ago.
Data-center segment revenue soared to a record $51.2 billion, up 25% from the previous quarter and up 66% from a year ago.
During the first nine months of fiscal 2026, the company returned $37 billion to shareholders in the form of shares repurchased and cash dividends.
The company had $62.2 billion remaining under its share repurchase authorization at the end of the fiscal third quarter.
The company's current-quarter revenue guidance exceeded market expectations, easing worries that surging valuations were ahead of fundamentals.
The company estimated revenue in the fiscal fourth quarter of $65 billion, plus or minus 2%, and earlier the company announced a strategic partnership with OpenAI to deploy at least 10 gigawatts of Nvidia systems for OpenAI’s next-generation AI infrastructure.
Nvidia's strong revenue growth eased market worries that the race to build data centers could slow down in the near future, after CEO Jensen Huang said that demand for its Blackwell chips is "off the charts."
Following Nvidia's stronger-than-expected quarterly results and outlook, AI supply chain-driven stocks rallied in Japan, South Korea, and Taiwan. -
Onsemi increased 3.3% to $47.04 after the company's board authorized a new three-year stock repurchase program of $6 billion starting January 1, 2026.
The current stock buyback program, which is scheduled to end at the end of 2025, has acquired about $2.1 billion of stock, using 100% of the company's free cash flow in 2025.
Earlier in the month, the company said revenue decreased to $1.6 billion from $1.8 billion, net income fell to $255 million from $410.7 million, and diluted earnings per share decreased to 63 cents from 93 cents a year ago. -
Dolby Laboratories edged up 0.6% to $64.96 after the audio and imaging company's fiscal first-quarter outlook fell short of market expectations.
Revenue in the fiscal fourth quarter ending in September increased to $307 million from $305 million, net attributable income plunged to $49.3 million from $58.6 million, and diluted earnings per share dropped to 51 cents from 61 cents a year ago. -
Target Corp. decreased 2.5% to $86.60 after the company reported a decline in sales and earnings in the fiscal third quarter ending in September.
Revenue fell 1.5% to $25.3 billion from $25.7 billion, net income dropped 19.3% to $689 million from $854 million, and diluted earnings per share edged up to $1.14 from $1.12 a year ago.
For the fourth quarter, the company reiterated its estimate of "low-single-digit decline in sales," and the full-year diluted earnings per share estimate was revised lower to between $7.70 and $8.70. -
Home Depot plunged 6% to $336.48 after the home improvement retailer lowered its same-store sales outlook and muted third-quarter results.
Revenue increased 1.1% to $41.4 billion from $40.2 billion, net income inched lower 1.3% to $3.60 billion from $3.64 billion, and diluted earnings per share fell to $3.62 from $3.67 a year ago.
Comparable sales increased 0.2% from a decline of 1.3%, comparable customer transactions declined to 1.6% from 0.6%, and the average ticket advanced 2% to $90.39 from $88.65 a year ago, respectively.
The do-it-yourself store retailer acknowledged the ongoing consumer uncertainty, the weakening housing market, and the expected post-storm seasonal renovation demand that failed to materialize.
Home Depot estimated total fiscal 2025 sales to increase 3.0%, including $2.0 billion in sales from the recent acquisition of GMS, and comparable sales growth to be "slightly positive" in the comparable 52-week period.
The company forecast diluted earnings per share to decrease 6% from $14.91 in the fiscal year 2024. -
Applied Materials dropped 5% to $211.74 despite the semiconductor equipment maker reporting better-than-expected fiscal fourth-quarter results.
Revenue decreased 3% to $6.8 billion from $7.05 billion, net income rose 10% to $1.9 billion from $1.8 billion, and diluted earnings per share rose 14% to $2.38 from $2.09 a year ago.
The company estimated fiscal first quarter revenue of $6.8 billion with a band of plus or minus $500 million and non-GAAP diluted earnings per share of $2.18 with a band of plus or minus 20 cents.
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