Biggest S&P 500 Movers on Tuesday

Advancers

• Shares of Super Micro Computer (SMCI) rose more than 16%, adding the most of any S&P 500 stock and extending 澳洲幸运5官方开奖结果体彩网:a string of gains posted since the sever manufacturer provided a business update last week. In addition to forecasting robust revenue growth in fiscal 2026, Supermicro asserted confidence that it will be able to meet the Feb. 25 deadline for filing its delayed annual report. If the company is unable to complete the regulatory requirement by that date, Supermicro stock could face delisting.

• The Wall Street Journal reported that chipmaking rivals Taiwan Semiconductor Manufacturing Co. (TSM) and Broadcom (AVGO) could be pursuing deals that would split US semiconductor giant Intel (INTC). According to the report, Broadcom has been 澳洲幸运5官方开奖结果体彩网:contemplating an acquisition of Intel's semiconductor design and marketing business, while TSMC has been exploring the possibility of taking over some or all of Intel's manufacturing facilities. Intel shares rose about 16%.
• Walgreens Boots Alliance (WBA) shares surged 14% following reports on CNBC that the pharmacy operator may still be 澳洲幸运5官方开奖结果体彩网:considering a sale to private equity firm Sycamore Partners. According to the financial network, the potential transaction to take Walgreens private appeared to be shelved a few weeks ago, but there could be renewed momentum behind a deal.

Decliners

• The heaviest losses in the S&P 500 were in shares of Medtronic (MDT), which tumbled more than 7% after the medical device maker 澳洲幸运5官方开奖结果体彩网:posted mixed results for its fiscal third quarter. Although adjusted earnings per share edged out estimates, quarterly revenue missed the mark, with slumping sales of Medtronic's stapling and blood oxygen management products weighing on its performance.
• Conagra Brands (CAG) lowered its 澳洲幸运5官方开奖结果体彩网:full-year sales guidance, citing supply concerns, and shares of the packaged food company dropped 5.5%. The parent company of Hunt's ketchup, Orville Redenbacher's popcorn, and other grocery-store staples pointed to challenges at the main facility at which it processes chicken for frozen dinners, as well as an unanticipated uptick in demand for frozen vegetables, as factors behind its more subdued forecast.
• Shares of health insurance giant UnitedHealth Group (UNH) sank 4.4% after the Federal Trade Commission said it would retain the Biden administration's guidelines for reviewing mergers. The application of these existing rules could lead to obstructions for the planned acquisition of home and hospice care provider Amedisys (AMED) by UnitedHealth's Optum division.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Walgreens Soars on Report of Possible Sycamore Deal

Walgreens Boots Alliance (WBA) shares jumped Tuesday following a report the pharmacy's possible deal to sell itself to 澳洲幸运5官方开奖结果体彩网:private equity firm Sycamore ꧑Partners mayಌ be back on the table.

CNBC's David Faber reportedly said on the network Tuesday morning that the deal is "alive," after being considered "mostly dead" a few weeks ago.

The talks between the pharmacy chain and Sycamore were 澳洲幸运5官方开奖结果体彩网:first reported in December, withThe Wall Street Journal saying Sycamore would likely sell off pieces of the company's business. In October, Walgreens 澳洲幸运5官方开奖结果体彩网:announced a plan to shutter some 1,200 "underperforming" stores, including 500 in fiscal 202🧔5.

Late last month, the retailer said it was temporarily 澳洲幸运5官方开奖结果体彩网:suspending its quarterly dividend to conserve cash as it looked to turn around its business and refinance some of its debt. Bloomberg also reported last month that Sycamore had been discussing debt financing with other firm💞s to fund th🌸e deal.

Wal𝕴greens and Sycamore did not immediately respond to requests for comment.

Walgree💙ns shares closed 14% higher on Tuesday, but they have lost half their value over the last 12 months.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Why Bath & Body Works Jumped Nearly 10% Tuesday

Bath & Body Works (BBWI) shares rose almost 10% on Tuesday after analysts from JPMorgan upgraded the stock, citing encouraging recent product 🌌launches and shrinking post-pandemic headwinds.

The analysts raised the stock to "overweight" from "neutral" Tuesday and lifted their price target to $47 from $41 previously. The new rating comes as the retailer is set to report fourth-quarter earnings on Feb. 27.

Aside from JPMorgan, analysts who follow Bath & Body Works and are tracked by Visible Alpha are somewhat bullish on the retailer's stock, with five "buy," three "hold," and one "sell" rating among the nine tracked brokers. The stock has an average 澳洲幸运5官方开奖结果体彩网:price target of $43.56. The ཧsto🎶ck closed at $40.03 Tuesday, a 9.8% gain.

The JPMorgan analysts said Bath & Body Works is 澳洲幸运5官方开奖结果体彩网:undervalued compared with its peers in the beauty category, while being a market leader in some of its important categories like fragrances and hand sanitizers. The analysts also said headwinds like a post-pandemic drop in sales of candles and hand sanitizers are normalizing and likely won't have much impa🦋ct on sales moving forward.

They also said the company recently launched its biggest collaboration, with a new line of 85 products rolled out earlier this week with scents tied to Disney (DIS) princess characters th🐬at could help drive sales.

The analysts said the product line is about three times the size of Bath & Body Works' past collaborations with Netflix (NFLX), when it created product lines based on shows like 澳洲幸运5官方开奖结果体彩网:"Bridgerton" and "Stranger Things."

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Conagra Tumbles as Food Company Trims Outlook

Investors lost some of their appetite for Conagra Brands (CAG) Tuesday, sending shares down mor♒e than 5% af💟ter the food company trimmed its sales outlook for the year.

Conagra, the company behind Healthy Choice prepared meals and Birds Eye frozen vegetables, among other brands, revised its outlook Mon💫day becaus♏e of struggles to source enough chicken and produce.

The company says it now expects sales to decline 2% for its full fiscal year, rather than coming in flat or decreasing as much as 1.5% compared with 2024, according to a press release. Conagra's 澳洲幸运5官方开奖结果体彩网:fiscal year ends in late May.

“As a result of these challenges, we were unable to service all of our demand in the third quarter, which will negatively impact both our 澳洲幸运5官方开奖结果体彩网:sales and profit for fiscal 2025,” CFO Dave Marberger said during an investors conference Tuesday, according to a transcript from AlphaSense. “We also expect both the sales and profit impacts of this to ♛be transitory.”

Conagra’s primary chicken plant had “quality inconsistencies,” forcing the company t♈o sh🐻ut down the facility, make adjustments, and start it up again at a slower pace, Conagra said. Expenses rose as Conagra bought chicken from a third party, according to Marberger.

The plant’s💖 production speed will remain reduced as Conagra moves forward with a previously planned facility upgrade, according to the press release.

Conagra, which also makes Slim Jim, Duncan Hines, Marie Callender's and more, said it expects 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) to hit $2.35 at the end of the year, rathe♉r than the $2.45 to $2.50 previoꦗusly forecast.

The update didn't sit well with investors. Conagra shares closed 5.5% lower on Tuesday and have shed 14% since the start of 2025.

-澳洲幸运5官方开奖结果体彩网:Sarina Trangle

Nike Climbs After Announcing Partnership with SKIMS

Nike (NKE) shares rose Tuesday after the athletic apparel maker announced it will launch a new fitness brand with reality TV star Kim Kardashian in an e🧜ffort to attract more women buyers.

The “Just Do It” company is teaming up with 澳洲幸运5官方开奖结果体彩网:Kardashian’s SKIMS shapewear and clothing brand to create NikeSKIMS products for ✱women.

 on Tuesday said NikeSKIMS would offer “澳洲幸运5官方开奖结果体彩网:training apparel, footwear, and accessories desi🅰gned to meet the unique needs and preferences of womenꦉ athletes around the world.” It added that the collaboration idea for the new, shared product line came from SKIMS.

Kardashian, who is co-fouꦑnder and chief creative officer🍬 of SKIMS, said NikeSKIMS will be “delivering product that is meticulously designed to sculpt and perform for every body.” Nike added that the first products would hit U.S. store shelves in the spring. 

Nike shares were up 5% in mid-afternoon trading, leading Dow gainers.

However, shares of Nike have been struggling, hitting a five-year low earlier this month as new 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer Elliott ♐Hill, who took over in October, has moved to try to increase sagging sales. Even with Tuesday’s gains, the stock price has lost a q🔯uarter of its value over the last 12 months.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Supermicro Stock Continues to Soar

Super Micro Computer (SMCI) shares jumped again Tuesday, 澳洲幸运5官方开奖结果体彩网:extending a streak of gains since the company predicted significant sales growth in fiscal 2026 driven by demand for 澳洲幸运5官方开奖结果体彩网:artificial intelligence servers. 

The company’s stock was up more than 11% in early-afternoon trading to around $53.50, marking the fourth-straight day session of gains since Supermicro’s 澳洲幸运5官方开奖结果体彩网:fiscal second-quarte꧟r business update on Feb. 11 (with markets clꦍosed on Monday fᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚor Presidents' Day). All told, shares are up about 40% since the update.

Supermicro CEO Charles Liang called for revenue to reach $40 billion in fiscal 2026, 60% more👍 than what the company projects in 2025, as demand grows for infrastructure to support AI.

Last week, JPMorgan analysts said t🅠he 2026 estimate “presents a nice upside” but also called the figure an “aggressive” target. The analysts maintained an “underweight” rating for t🍎he stock, but raised their price target to $35 from $23. 

As part of last week's update, Supermicro also said it expects to submit its delayed financial reports from the 2024 fiscal year by the Nasdaq’s Feb. 25 deadline to avoid being delisted.

Despite the week of gains, Supermicro shares are still down by about a third over the past 12 months due in part to concerns about the company's 澳洲幸运5官方开奖结果体彩网:accounting practices.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Medtronic Stock Slumps as Sales Miss Estimates

Medtronic (MDT) shares tumbled Tuesday after the medical device maker mis🎃sed sales forecasts.

The company reported fiscal third-quarter revenue rose 2.5% year-over-year to $8.29 billion, below analysts' estimates compiled by Visible Alpha. Adjusted earnings per share (EPS) came in at $1.39, slightly above forecasts.

The revenue miss came as sales at Medtronic's Medical Surgical division declined 1.9% to $2.07 billion. The company pointed to stapling segment pressures, as well as a drop in purchases of its blood oxygen management products because of fewer respiratory-related hospitalizations in the U.S.

Shares of Medtronic were down more than 7% in recent trading. The s🙈tock is near unchanged over the past 12 months.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

As Gold Nears $3,000, Analysts Mixed on Outlook

Gold prices are nearing the $3,000 per 澳洲幸运5官方开奖结果体彩网:troy ounce level for the first time, yet Wall Street has mixed vཧiews on where they will end u༒p this year.

Goldman Sachs in a note Monday raised its forecast to $3,100/oz from $2,890, citing central bank buying and inflows into 澳洲幸运5官方开奖结果体彩网:exchange-traded funds (ETFs). Morgan Stanley, meanwhile, project𓆉s gold at $2,700 by the fourth quarter.

Goldman said that if "policy uncertainty—including tariff fears—stays high, higher speculative positioning for longer could push gold prices as high as $3,300/toz by year-end."

Gold has enjoyed a 澳洲幸运5官方开奖结果体彩网:yearlong rally driven by rising central bank purchases, geopꦓolitical tension, and declining interest rates.

The uncertainty 澳洲幸运5官方开奖结果体彩网:around tariffs that U.S. President Donald T🌊rump is planning to impose globally has been driving gold lately, Morgan Stanley analysts said in their note Friday. Gold is a safe haven inveওstment and seen as a hedge as economists expect tariffs to ignite inflation.

The Morgan Stanley analysts cited "demand destruction and supply response" for their more downbeat view on gold, noting that demand could decline as prices continue to climb, while recycling boosts supply.

“Tariff uncertainty could take prices a bit higher, in our view, but further demand destruction and supply response from recycling and potential profit taking suggests prices could end 2025 lower 🌄than they are today,” the analysts wrote. 

The Morgan Stanley analysts said that both central bank and investment demand continue to be strong, especially in the world’s 澳洲幸运5官方开奖结果体彩网:two largest gold markets of India and China.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

Constellation Brands Jumps on Buffett Investment

Constellation Brands (STZ) shares jumped in early trading Tuesday after Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosed 澳洲幸运5官方开奖结果体彩网:a new investment in the beer and spirits maker.

Since the 澳洲幸运5官方开奖结果体彩网:50-day moving average (MA) crossed below the 200-day MA to flash a 澳洲幸运5官方开奖结果体彩网:death cross in August last year, Constellation Brands shares have trended sharply lower, with the price more recently forming a 澳洲幸运5官方开奖结果体彩网:falling wedge chart pattern.

While the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) signals bearish price momentum with a reading below the 30 threshold, the indicator also points to oversold conditions, in🅺creasing the likelihood of a potential bounce.

Indeed, the stock looks set to break out above the pattern's upper trendline in Tuesday’s trading session, potentially paving the way for an upside reversal.

Investors should 🎃track key overhead Fibonacci levels on the Constellation Brands chart around $🅠187, $204, $218 and $231, while also watching an important support level near $160.

The stock was up 5% at $171 in the opening minutes of Tuesday's session.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

S&P 500 Poised to Hit Record High Tuesday

The S&P 500 is on track to open at an all-time high on Tuesday, as the U.S. stock market looks to add to last week's gains.

The S&P 500 and Nasdaq Composite rose 1.5% and 2.6%, respectively, last week, while the Dow Jones Industrial Average tacked on 0.5%. The S&P 500 finished Friday's session—ahead of Monday's break for the Presidents' Day holiday—just 4 points away from its record close, and 14 points below its all-time high. The Dow and Nasdaq each enter the trading week less than 1% away from record closing highs.

So far in 2025, the Dow is up 4.7%, while the S&P 500 and Nasdaq have gained🐻ඣ 4% and 3.7%, respectively.

Intel Levels to Watch Amid Deal Speculation

Intel (INTC) shares jumped in premarket trading Tuesday after The Wall Street Journal over the weekend reported that Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Co. (TSM) are considering bids for parts of the embattled𒁃 chipmaker.

Intel shares 澳洲幸运5官方开奖结果体彩网:surged more than 20% last week after Vice President JD Vance said at a recent AI conference in Paris that the Trump administration would take steps to ensure AI chips are designed and manufactured in the U.S. Sentiment surrounding the stock received a further boost last week on speculation that the company 𝓡may partner with TSMC to make chips in the 💖U.S. 

Despite last week's gain, the stock had lost nearly half of its value over the past 12 months through Friday's close.

Since gapping sharply lower in early August last year, the stock has remained mostly rangebound, potentially carving out a rectangle boꩵttoming pattern. The relative strength index sits just below the 70 threshold, confirming bullish momentum⛄, setting the stage for positive price action to continue this week.

Investors should watch key overhead areas on Intel's chart around $26, $32, $37, and $45, while also monitoring a major support level near $19.

The stock was up 5% at $24.80 about 90 minutes before Tuesday's opening bell.

Read the 澳洲幸运5官方开奖结果体彩网:full technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Major Index Futures Move Higher

Futures tied to the Dow Jones Industrial Av꧙erag❀e were up 0.2%.

S&P 500 futures were up 0.4%.

Nasdaq 100 futures also advanced 0.4%.