Top S&P 500 Movers on Friday
22 hr 38 min ago
Advancers:
- Airbnb (ABNB) was the top-performing stock in the S&P 500 on Friday, popping 14.5% higher after the vacation rental platform topped expectations for fourth-quarter profits, bookings, and gross booking value. CEO Brian Chesky suggested that the company intends to develop the Airbnb app into a one-stop shop for travel needs.
- Shares of server provider Super Micro Computer (SMCI) wrapped up a week of significant gains with a surge of 13.3%. In addition to the upbeat fiscal 2026 revenue outlook provided by Supermicro earlier this week, the company received a boost from reports on Friday that Facebook parent Meta Platforms (META) plans to make a large investment in humanoid robots. The robots would likely operate on cloud-based artificial intelligence (AI) technology, and Meta uses Supermicro’s servers in its data centers. Supermicro faces a deadline on Feb. 25 for the filing of its delayed annual report.
- Fourth-quarter results from Wynn Resorts (WYNN) blew past sales and profit estimates, and shares of the hotel and casino operator jumped 10.4%. Highlights of the quarter included strong performance from the company’s Wynn Palace property in Macau as well as its Las Vegas operations. The company also highlighted construction progress on its integrated resort in the United Arab Emirates, which is on track to open in March 2027.
Decliners:
- GoDaddy (GDDY) shares tumbled 14.3%, suffering the steepest drop in the S&P 500, after the website domain company posted mixed results for the fourth quarter. Although revenue for the period edged out estimates, earnings per share (EPS) fell short of forecasts. Analysts at Cantor Fitzgerald noted GoDaddy’s progress on product initiatives, including AI-driven marketing and design tools, but they reduced their price target on the stock, citing valuation concerns.
- Shares of DaVita (DVA), a provider of dialysis treatments and other kidney care services, sank 11.1%. The company provided a lackluster outlook for adjusted profits in 2025, citing elevated health care costs. Meanwhile, major investor Berkshire Hathaway (BRK.A, BRK.B) trimmed its position in DaVita, adding to the pressure on the stock.
- Applied Materials (AMAT) shares fell 8.2% following the semiconductor equipment maker’s quarterly earnings release. Although the company beat sales and profit estimates for its fiscal first quarter of 2025, Applied Materials noted that recent restrictions on exports to China would negatively impact sales, reducing revenue by an estimated $400 million for the full fiscal year.
Twilio Stock Drops on Weak Earnings Forecast
23 hr 47 min ago
Twilio (TWLO) shares slumped Friday after the company gave a weak earnings forecast as sales of its data platform fell and it took a hit from a key customer’s slowdown in payments.
Twilio reported adjusted earnings per share (EPS) of $1 for the fourth quarter, slightly below analysts’ estimates compiled by Visible Alpha. Revenue rose 11% year-over-year to $1.19 billion, topping forecasts.
The results came as Twilio’s communications revenue jumped 12% to $1.12 billion. However, revenue from its customer data platform called Segment declined 1% to $74.1 million, with the unit posting a non-GAAP loss from operations of $10 million. The company also said it incurred $16.8 million in bad debt expenses related to Brazilian telecom firm Oi SA, “as a result of a slowdown in their ongoing payment activity.”
Twilio projected current-quarter EPS in the range of 88 cents to 93 cents, and revenue of $1.13 billion to $1.14 billion. Analysts had been looking for EPS of 99 cents and revenue of $1.14 billion.
Shares of Twilio were down about 15% late Friday, though even with Friday’s decline, they’ve more than doubled in value over the past year.
These Are the Stocks Moving on Nvidia’s 13F Filing
February 14, 2025 03:10 PM EST
Shares of WeRide (WRD) soared Friday, along with other tech stocks after Nvidia (NVDA) disclosed a stake in the Chinese autonomous driving company.
WeRide shares nearly doubled in value during Friday’s session, after a filing Thursday showed Nvidia held 1.74 million shares as of Dec. 31. WeRide, which operates driverless vehicles in 30 cities across nine countries, made its debut on the Nasdaq in October.
The filing showed Nvidia added a stake in Nebius Group (NBIS), an AI infrastructure company, as well. Shares of Nebius were up 7% in recent trading.
Meanwhile, shares of AI voice technology company SoundHound AI (SOUN), delivery robot developer Serve Robotics (SERV), and medical technology firm Nano-X Imaging (NNOX) tumbled as the filing showed Nvidia divested its holdings in those companies.
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