Tesla
CEO Elon Musk disclosed that he purchased $1 billion worth of shares in the electric vehicle manufacturer on Friday. This announcement helped propel Tesla’s stock price up by 6%.
On Semiconductor, Analog Devices, Texas Instruments
In a notable development, China has initiated an antidumping investigation into certain analog chips imported from the U.S. As a result, shares of On Semiconductor fell by 1%, while Analog Devices saw a slight decrease. Texas Instruments experienced a more significant drop, falling over 3%.
Western Digital
The storage drive manufacturer has raised prices on all hard drives due to “unprecedented demand.” This strategic move led to a more than 5% increase in shares, reaching an all-time high.
Alaska Air
The airline’s stock dropped by more than 5% after it projected third-quarter earnings per share at the lower end of its guidance, estimating between $1.00 and $1.40.
TKO Group Holdings
The parent company of the Ultimate Fighting Championship and World Wrestling Entertainment saw its shares surge over 4% after announcing a $1 billion stock buyback under a previous authorization.
Whirlpool
Shares of the appliance maker fell by 2% following a report from the Wall Street Journal. The report indicated that Whirlpool informed the Trump administration that its overseas competitors might be circumventing tariffs by undervaluing imports.
Brookfield Asset Management
The New York-based alternative asset manager rose nearly 2% after entering discussions to acquire Yes! Communities from Singapore’s GIC for $10 billion, as reported by the Financial Times.
Hain Celestial
The producer of Terra chips and herbal teas experienced a significant drop of 25% after reporting an unexpected fiscal fourth-quarter loss of 2 cents per share. Analysts had anticipated a profit of 3 cents per share. The stock is currently trading around $1.60, with a market cap of less than $150 million.
Gemini Space Station
The Winklevoss-owned crypto exchange added 1% to its stock value. Gemini made its debut on the Nasdaq on Friday, experiencing a 14% jump during its first day of trading.
Corteva
The agriculture company saw a 4% decline in shares following a Wall Street Journal report indicating that it is contemplating a breakup to separate its pesticide and seed businesses.
Hims & Hers Health
The digital health stock fell by more than 1%. Martin Makary, a Commissioner of the Food and Drug Administration, stated in a medical journal article that Hims & Hers’ Super Bowl advertisement constituted a “breach” of regulations.
VF Corp.
The owner of popular brands like Vans and North Face saw its shares decline by about 1% after agreeing to sell its Dickies clothing brand to a private equity firm for $600 million in cash.
— CNBC’s Yun Li, Fred Imbert, Michelle Fox, and Alex Harring contributed reporting. (Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here.)
