Day: February 10, 2026
Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more
Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]
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UBS downgrades U.S. IT sector despite a recovery. It gave 3 reasons why
Key Points UBS downgraded its outlook on U.S. IT stocks on Tuesday, citing lingering “software uncertainty” and increased capital expenditure. The Swiss investment bank’s move comes after a sell-off in software stocks over the past week as investors turn cautious towards the sector. UBS recommended investors diversify exposure to other sectors, including healthcare and utilities. […]
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Coca-Cola earnings, Google’s AI risks, Target layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Fresh off his feature in Salesforce’s Super Bowl ad, MrBeast is getting into banking. The YouTuber, whose real name is Jimmy Donaldson, said Monday that his company Beast Industries acquired the financial services app Step. Stock futures are little changed […]
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Gold ticks lower on increased risk appetite; investors await U.S. economic data
Gold fell on Tuesday as investors stayed cautious ahead of U.S. jobs and inflation data that would indicate the Federal Reserve’s interest rate trajectory. Oliver Strewe | The Image Bank | Getty Images Gold prices eased on Tuesday, as improved risk appetite lifted global equities, while investors awaited a series of U.S. economic data later this week […]
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Coca-Cola earnings beat estimates, as demand for its drinks begins to improve
Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images Coca-Cola reported its fourth-quarter earnings before the bell on Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Adjusted earnings per share: […]
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CVS tops quarterly estimates, reaffirms profit outlook as turnaround plan takes effect
A pedestrian walks by a CVS store in Greenbrae, California, on July 31, 2025. Justin Sullivan | Getty Images CVS Health on Tuesday reported fourth-quarter earnings and revenue that beat estimates and reaffirmed the 2026 profit guidance that impressed investors, signaling steady progress in the health-care giant’s turnaround plan. “’24 was a tough year for […]
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China’s Alibaba launches AI model to power robots as tech giants talk up ‘physical AI’
A man walks past the Alibaba logo displayed at its booth during the China International Supply Chain Expo in Beijing, China July 16, 2025. Florence Lo | Reuters Alibaba on Tuesday launched an artificial intelligence model designed to power robotics, as more tech giants push into the fast-growing field. The model, called RynnBrain, is designed […]
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Philips shares pop 9% amid ‘clear step up in sales’; European stocks mixed
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images European stocks opened in mixed territory on Tuesday amid a flurry of corporate earnings releases. By 8:30 a.m. in London (3:30 […]
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Treasury yields lower as markets brace for retail sales data
Traders work on the floor of the New York Stock Exchange (NYSE) on February 09, 2026 in New York City. Spencer Platt | Getty Images The 10-year Treasury yield inched lower on Tuesday as investors awaited retail sales data for December amid a flurry of economic data this week. The benchmark yield was over 1 basis point […]
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Gucci-owner Kering jumps 13% as new CEO maps revival, sales beats estimates
Customers shop at a GUCCI luxury store in Shanghai, China. Cfoto | Future Publishing | Getty Images Kering said it expects a return to growth this year even as it posted another quarter of sales declines on Tuesday, with its biggest sales driver, Gucci, continuing to lag in new CEO Luca de Meo’s first quarter […]
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