S&P 500 Rises for Fifth Consecutive Day, Tech Stocks Lead
The S&P 500 closed higher for the 5th consecutive session on Tuesday, with Tech and Utilities as the top performing sectors, and while the index continues to flirt with the 7,000 level, a breach remains elusive. This may finally change on Wednesday however, as the earnings calendar finally arrived for the Tech heavyweights with reports from notable Hardware names, and the results have not disappointed. Afterhours, Texas Instrumentsis up over 8% and Seagateis up 8% following results, while Western Digitalis up 6% and Sandiskis up 3% in sympathy. Futures are also pointing higher - S&P e-minis are up 0.1% and Nasdaq 100 contract is up 0.3%,In commodities, precious metals are on offense one againafter a day of consolidation with gold above $5,160 and Silver above $112 as President Trump was explicit in his comments that he is not concerned with weaker US Dollar over the past few days. In commodities, WTI Crude Oil is also adding to gains above $62 per barrel level in the wake of API inventories data showing a modest draw after two weeks of relatively large builds.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Strideup 31.2%F5, Inc.up 10.4%Texas Instrumentsup 8.5%Seagateup 7.8%; Western Digital Corporationup 5.8%; Sandisk Corporationup 3.4% in sympathyNextpowerup 7.8%ALSO HIGHER -LegalZoom.comup 4.5% after S&P SmallCap 600 admissionAmerican Healthcare REITup 4.0% after S&P MidCap 400 admissionAmneal Pharmaceuticalsup 3.6% after S&P SmallCap 600 admissionApellis Pharmaceuticalsup 3.6% after S&P SmallCap 600 admissionDutch Brosup 2.9% after S&P MidCap 400 admissionDOWN AFTER EARNINGS -Qorvodown 10.1%Greifdown 3.3%Logitech International S.A.down 1.3%ALSO LOWER -Venu Holdingdown 18.3% after equity offeringStandardAerodown 4.3% after equity offering
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- Enrollment Announcement: Enrollment for the 2026-2027 school year is now open at Insight School of Oklahoma and Oklahoma Virtual Charter Academy, offering full-time online public education for grades 6-12 and K-12, catering to students statewide.
- Diverse Curriculum: Both schools are taught by certified teachers and provide career and college readiness pathways, advanced coursework, honors classes, and NCAA-approved courses, ensuring comprehensive development for students academically and athletically.
- Flexible Learning Model: Students receive structured online education at home, with teachers delivering live instruction and independent coursework, while parents support daily learning, ensuring a public school experience from home.
- Variety of Social Activities: Students can engage in virtual clubs, group projects, competitions, and field trips, enhancing social interaction and fostering a sense of community and belonging among students across the state.
- Share Sale Details: South Street Advisors sold 27,651 shares of Stride during Q4, with an estimated transaction value of $2.51 million, indicating the fund's strategic response to market volatility.
- Decline in Position Value: The quarter-end value of Stride's position decreased by $8.80 million, reflecting the dual impact of trading activity and market price changes, highlighting the company's vulnerability in the current market environment.
- Asset Allocation Ratio: Stride comprised only 0.51% of South Street Advisors' $712.19 million reportable assets, placing it outside the fund's top five holdings and indicating its marginal position within the investment portfolio.
- Market Performance Analysis: Despite being an eight-bagger for investors over the past decade, Stride's stock has dropped 38.32% over the past year and underperformed the S&P 500, reflecting the challenges and opportunities it faces in the education market.
- Share Sale Details: South Street Advisors sold 27,651 shares of Stride in Q4 2026, valued at $2.51 million, indicating a potential loss of confidence in the stock, which may negatively influence market perception.
- Market Value Decline: The firm's Stride position decreased by $8.80 million at quarter-end due to share sales and market price fluctuations, highlighting challenges faced by the company in the education technology sector, particularly after failing to recover from platform upgrade issues.
- Customer Base and Revenue: Stride serves a diverse clientele including public and private schools and government agencies, generating $2.52 billion in revenue and $318.94 million in net income, demonstrating stability in the education services market, though growth potential is constrained.
- Investor Outlook: Despite a 50% drop from its 52-week high, Stride has outperformed the S&P 500 over the past decade, indicating long-term investment value, especially after a 30% stock price surge following a successful January earnings report that addressed previous platform issues.
- Analyst Recommendation Ratio: As of February 25, 67% of analysts recommend buying Stride, Inc. (NYSE:LRN) stock while 33% advise holding, indicating a growing confidence in the company despite mixed market sentiment.
- Price Target Increase: BMO Capital raised Stride's price target from $75 to $94 while maintaining a Market Perform rating, reflecting the company's Q2 2026 results that exceeded market expectations, albeit supported by a one-time gain.
- Revenue Guidance Maintained: Stride, Inc. upheld its FY26 revenue guidance and increased its adjusted operating income (AOI) projection, demonstrating management's confidence in future performance, particularly as Career Learning offsets weaknesses in General Education.
- Steady Demand: Canaccord Genuity reaffirmed a Buy rating on Stride with a price target of $125, noting stable demand for the company's virtual education programs, solid application volumes, and zero technical pressure exposure, showcasing the company's competitive position in the education market.
- Enrollment Information: Enrollment is now open for the 2026-2027 school year at Hoosier College and Career Academy, Indiana Digital Learning School, and Indiana Gateway Digital Academy, offering full-time online education for K-12 students in Indiana, aimed at providing flexible learning options.
- Curriculum Offerings: These schools are taught by Indiana-certified teachers and align with state academic standards, covering career and college readiness opportunities, including CTE pathways and dual-credit options, ensuring students can achieve success in both academics and career development.
- Learning Experience: Students follow a structured academic schedule at home, including live instruction and independent coursework, with parents or guardians supporting daily learning while teachers deliver lessons, assign work, and assess progress, thus providing a public school experience.
- School Features: The online schools offer NCAA-approved courses and include virtual clubs, group projects, and in-person events designed to enhance student engagement and socialization, ensuring comprehensive support throughout the learning process.
- Loan Default Risk: The U.S. Department of Education warns that over 1,800 higher education institutions have student loan default rates exceeding 25%, which could jeopardize their eligibility for federal student aid programs, thereby impacting their financial stability and enrollment appeal.
- Policy Implementation Requirements: The Education Department mandates that colleges prioritize reducing student delinquency rates not only through financial aid offices but also at the institutional leadership level, prompting schools to adopt more proactive measures in student loan management.
- Borrower Dilemma Intensifies: Last year, approximately 10 million borrowers were nearing default, with the Education Department revealing that over 600,000 federal student loan holders face a backlog in applications for affordable repayment plans, highlighting delays in policy execution and the pressures on borrowers.
- Household Financial Impact: Research indicates that a median U.S. household of four earning $81,000 could see its monthly bills surge from $36 to $440 due to legislative changes, reflecting the potential negative economic impact of these policy shifts on family finances.








