Up:
Arcellx +77.49%: Gilead has announced its intent to acquire the biotech firm for USD 115 per share, representing a 79% premium. The transaction is valued at EUR 7.8 billion and is expected to close in the second quarter of 2026.
Circle Internet +32.4%: The company is capitalising on the increased circulation of its flagship stablecoin, USDC, driven by favorable regulations for dollar-pegged digital assets. Total revenue and reserve income surged by 77%, outperforming analyst consensus.
Keysight +26.19%: Bolstered by new announcements regarding advancements in 6G research, the group published strong results. Revenue grew to USD 1,600 million, up from USD 1,298 million a year earlier.
Axon +25%: The body-worn camera and safety specialist bounced back, posting a net profit of USD 2.74 million, far exceeding the USD 5.67 million loss anticipated by the consensus. The backlog reached USD 14.4 billion, a 43% increase.
IONQ +20.28%: Shares rose following the release of sharply improved results, with revenue for the three months ending December 31 nearly sextupling. The company was also selected to support the Missile Defense Agency’s Shield IDIQ contract.
Down:
Diageo -10.18%: The new CEO of the spirits giant has halved the dividend, revised the outlook downward, and warned of a potential price war. The contagion hit Pernod Ricard and Remy Cointreau, which both tumbled on fears of widespread margin erosion.
Mercado Libre -11.98%: Latin America’s leading online marketplace posted mixed results. Heavy spending on advertising and logistics, alongside credit provisions, weighed on profitability, dragging the operating margin down to 10.1%.
Oxford BioMedica -16.29%: The board rejected an offer from EQT, deeming it insufficient in light of surging revenue and a robust outlook for viral vectors.
Zoom Communications -18.11%: The video conferencing provider missed EPS consensus, reporting USD 1.44 against a target of USD 1.49. A USD 2.2 million stock sale by the CEO further weighed on the shares amid already fragile sentiment.
First Solar -18.47%: The solar panel manufacturer plunged following sales forecasts that missed the mark, hampered by a sector already slowing due to high interest rates. Revenue guidance coming in USD 1 million below consensus disappointed the market.
Whirlpool -19.01%: The global leader in major home appliances launched an USD 800 million capital raise to repay its revolving credit facility. The company initiated underwritten public offerings of common stock and depositary shares.