SATL News & Events

The major averages were sharply lower, with the Big Three indices all slipping 1% or more following the latest updates on the tariff front. After the Supreme Court struck down broad tariff authority previously used by the administration, the administration promptly announced a new 15% global tariff plan under a different statute. Markets also appeared to be reacting to another wave of AI worries, with the latest bout triggered by a Citrini Research report that paints a picture of an AI-driven economic downturn, with mass white collar layoffs creating a deflationary cascade.The tariff developments have spilled over into commodity markets, with safe haven assets such as gold and silver seeing support as traders brace for policy-driven volatility and reposition for uncertainty.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:President Trump raised the so-called "Worldwide tariff" onMeanwhile, Trump demanded that Netflixfire board member Susan Rice orNovo Nordisksaid its REDEFINE 4 trialGileadArcellxin a deal with an implied equity value of $7.8B payable at closingAmazonannouncedin Louisiana for data centers2. WALL STREET CALLS:Alphabetto Overweight at Wells FargoAletheiaNvidiato Buy into Q4 earnings reportDeereto Underperform at JefferiesVF Corp.to Underweight at JPMorganYork Space Systemswith mostly Buy and equivalent ratings as Wall Street rolls out coverage3. AROUND THE WEB:AppleCEO Tim Cook's increased mentions of Visual Intelligence, AI technology that can see the surrounding environment and use that context to take action, hint it will be a major part of Apple's new wearables, Bloomberg saysMerckis planning to split its human-health business into two divisions, one that will house its cancer drugs and the other will sell noncancer products, WSJ reportsJPMorganCEO is looking to persuade investors that spending $2B a week is necessary to drive the bank's future growth after previously telling shareholders to "trust him" that the investment would pay off, FT saysParamount Skydanceis preparing to submit an improved offer above $30/share for Warner Bros. Discoveryby Monday's 11:59p.m. ET deadline, aiming to outbid Netflix, Variety reportsInvestor Ed Garden has built a stake in Fortune Brands Innovationsand is seeking to replace incoming CEO Amit Banati, citing concerns about leadership, WSJ says4. MOVERS:Enhabitincreases after entering anby Kinderhook Industries in an all-cash transaction for a total of $1.1BVanda Pharmaceuticalsgains after the FDAPayPalhigher after Bloomberg reported the company isSatellogicfalls after announcing theDocuSignlower after Jefferiesthe stock to Hold5. EARNINGS/GUIDANCE:Domino's Pizzareportedand raised its quarterly dividend 15%Dominionand provided guidance for FY26Emera, with CEO Scott Balfour commenting, "Without question, 2025 was a strong year for Emera"Freshpet, with EPS beating consensusFreightosand provided guidance for Q1 and FY26INDEXES:The Dow fell 821.91, or 1.66%, to 48,804.06, the Nasdaq lost 258.80, or 1.13%, to 22,627.27, and the S&P 500 declined 71.76, or 1.04%, to 6,837.75.

The major averages were sharply lower, with the Big Three indices all slipping 1% or more following the latest updates on the tariff front. After the Supreme Court struck down broad tariff authority previously used by the administration, the ruling also introduced uncertainty around trade policy when the administration promptly announced a new 15 % global tariff plan under a different statute.The tariff developments have spilled over into currency and commodity markets, with the U.S. dollar softening and safe haven assets such as gold and silver seeing support as traders brace for policy-driven volatility and reposition for uncertainty.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:President Trump raised the so-called "Worldwide tariff" onMeanwhile, Trump demanded that Netflixfire board member Susan Rice orNovo Nordisksaid its REDEFINE 4 trial did not achieveGileadArcelexin a deal with an implied equity value of $7.8B payable at closingDomino's Pizzareportedand raised its quarterly dividend 15%2. WALL STREET CALLS:Alphabetto Overweight at Wells FargoAletheiaNvidiato Buy into Q4 earnings reportDeereto Underperform at JefferiesVF Corp.to Underweight at JPMorganYork Space Systemswith mostly Buy and equivalent ratings as Wall Street rolls out coverage3. AROUND THE WEB:AppleCEO Tim Cook's increased mentions of Visual Intelligence, AI technology that can see the surrounding environment and use that context to take action, hint it will be a major part of Apple's new wearables, Bloomberg saysMerckis planning to split its human-health business into two divisions, one that will house its cancer drugs and the other will sell noncancer products, WSJ reportsJPMorganCEO is looking to persuade investors that spending $2B a week is necessary to drive the bank's future growth after previously telling shareholders to "trust him" that the investment would pay off, FT saysParamount Skydanceis preparing to submit an improved offer above $30/share for Warner Bros. Discoveryby Monday's 11:59p.m. ET deadline, aiming to outbid Netflix, Variety reportsInvestor Ed Garden has built a stake in Fortune Brands Innovationsand is seeking to replace incoming CEO Amit Banati, citing concerns about leadership, WSJ says4. MOVERS:Enhabitincreases after entering an agreement to bein an all-cash transaction for a total of $1.1BVanda Pharmaceuticalsgains after thePayPal (PYPL) higher after Bloomberg reported the company isSatellogicfalls after announcing theDocuSignlower after Jefferiesthe stock to Hold5. EARNINGS/GUIDANCE:Dominionand provided guidance for FY26Emera, with CEO Scott Balfour commenting, "Without question, 2025 was a strong year for Emera"Freshpet, with EPS beating consensusFreightosand provided guidance for Q1 and FY26Axsome Therapeutics, with EPS and revenue beating consensusINDEXES:Near midday, the Dow was down 1.45%, or 717.60, to 48,908.37, the Nasdaq was down 1.11%, or 253.14, to 22,632.92, and the S&P 500 was down 1.00%, or 69.12, to 6,840.39.

Satellogic announced the launch of Aleph Observer, its persistent monitoring capability designed to deliver sustained, large-scale situational awareness across critical locations worldwide. Aleph Observer represents a shift in how Earth observation is procured and used. Rather than relying on episodic tasking and best-effort imagery delivery, it enables ongoing monitoring of hundreds of sites daily with predictable delivery over time. This allows teams to detect and assess change without repeated tasking, helping reduce operational friction and increase confidence in what was observed and what was not. "Aleph Observer reflects what our customers are actually trying to achieve," said Emiliano Kargieman, CEO. "They are not interested in simply buying images, they are responsible for high-quality awareness at scale, and for acting on change. Aleph Observer enables them to monitor hundreds of sites daily with the consistency, performance, and economics required to sustain that level of coverage."

The major averages initially had a muted reaction after the Supreme Court ruled against certain of President Donald Trump's tariffs, resulting in stock spikes for retailers and other names that have had to deal with major impacts from rising import and manufacturing costs. The court determined that the International Emergency Economic Powers Act "does not authorize the President to impose tariffs."In response, Trump called the ruling "deeply disappointing," adding that 10% Section 122 tariffs will be imposed on top of the other tariffs. Trade Representative Jamieson Greer said the Section 122 tariffs will be implemented and signed today.When the dust settled, the averages closed with gains for the day, though uncertainty remains about how any tariff refunds will be paid, to whom and if refunds will be issued at all.Looking to commodities, gold was sharply higher, while oil was marginally higher amid continued tensions with Iran.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiais close to finalizing a $30B investment into Microsoft-backedOpenAI,Akamaireportedand provided its outlook for Q1 and FY26Grailreported upbeat Q4 earnings and revenue and reported its NHS-Galleri trialDomosaid it will, including a potential sale of the companyLive Nationreported2. WALL STREET CALLS:Etsyto Overweight at BarclaysHSBCWalmartto Hold on lack of momentumGE Aerospacewith an Overweight at Morgan StanleyCoStar Groupto Buy at JefferiesWells FargoMolina Healthcareafter "quite poor" Q43. AROUND THE WEB:ConocoPhillipsis exploring the sale of $2B in Permian Basin assets, Bloomberg saysThe SEC told Bloomberg that its probe of AppLovinis "still active and ongoing"A federal judge has denied Tesla'sattempt to overturn a $243M jury verdict related to a fatal 2019 Autopilot crash in Florida, upholding the ruling and ending the company's last avenue to avoid paying the award at the trial court level, Electrek saysAmazonhas surpassed Walmartas the U.S.'s largest company by annual revenue, with Walmart making $713.2B in sales in the year through January 31 compared to Amazon's $716.9M during the same period, WSJ reportsAccenturehas begun monitoring staff use of AI to determine how it decides top-level promotions as the company pushes its employees to use the technology, FT reports4. MOVERS:RingCentralincreases afterand providing guidance for Q1 and FY26Satellogicgains after Cantor Fitzgeraldcoverage of the stock with an Overweight ratingTandem Diabetesand AXT Inc.higher after reporting quarterly resultsChemoursfalls afterand providing guidance for Q1 and FY26Ardelyxand Dnowlower after5. EARNINGS/GUIDANCE:PPL Corpand provided guidance for FY26Oil States, with EPS beating consensusWestern Union, with CEO Devin McGranahan commenting, "Despite a challenging operating environment in 2025, we delivered meaningful progress across the business"Danone, with revenue missing consensusHudbay Minerals, with EPS and revenue missing consensusINDEXES:The Dow rose 230.81 or 0.47%, to 49,625.97, the Nasdaq gained 203.34, or 0.90%, to 22,886.07, and the S&P 500 advanced 47.62, or 0.69%, to 6,909.51.