Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in the fourth quarter, led by a 302% jump in insurance underwriting. Auto insurer Geico had the most positive effect on Berkshire’s insurance results. Meta Platforms — The Facebook parent company slipped more than 1% and was on pace for a fifth straight down day. Meta has dipped roughly 10% over the past five sessions, which marks its longest losing streak since August. Palantir — Shares tumbled 8.7% on Monday, on track for its fourth straight down day. The retail investor favorite has recently shown signs of fizzling , with shares down more than 24% compared with where they traded five sessions ago. Domino’s Pizza — The pizza chain pulled back 2% after fourth-quarter results missed analysts’ expectations. Domino’s reported earnings of $4.89 per share on revenue of $1.44 billion, while analysts polled by FactSet were looking for $4.90 per share on revenue of $1.48 billion. Same-store sales, a key metric for restaurants, also grew less than anticipated. Alibaba — The Chinese e-commerce giant plummeted 9%, reversing some of the 15.3% gain it saw last week following a better-than-expected earnings report . The move lower comes despite Morgan Stanley upgrading the stock to overweight from equal weight this week, with the firm citing accelerating cloud revenue growth as a catalyst. Robinhood — The brokerage stock fell more than 2% on Monday, putting it on track for its fifth straight losing session. Last week, Robinhood was downgraded by Wolfe Research to peer perform from outperform, and two corporate insiders disclosed recent stock sales. Nike — The clothing and footwear stock gained more than 4% after Jefferies upgraded Nike to buy from hold, and said the company is turning “back on its innovation engine.” Freshpet — The pet food stock advanced more than 8% after an upgrade to buy from hold from Jefferies, with the firm asserting that shares are “worth 50% above” where they are trading currently. The firm added that it expects Freshpet can grow sales 23% by 2027. Rivian — Shares tumbled nearly 8% after Bank of America downgraded the electric vehicle maker to underperform from neutral. Analyst John Murphy pointed to mounting competitive pressures, a softer-than-expected 2025 outlook and slowing EV demand alongside a potential pullback in U.S. EV incentives as reasons for the downgrade. Energy stocks — Power company stocks were lower on the heels of the a TD Cowen report last week concerning data centers and Microsoft. Analyst Michael Elias said Microsoft had “cancelled leases in the U.S. totaling ‘a couple of hundred MWs’ with at least two private data center operators.” Talen Energy and GE Vernova pulled back 2% each, while Vistra dropped nearly 4%. Constellation Energy shed about 7%. — CNBC’s Yun Li, Alex Harring, Lisa Kailai Han, Jesse Pound and Sean Conlon contributed reporting.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.
Time is the most valuable thing any of us has. Therefore, why not keep track of it in the most accurate and stylish way possible, relishing every second? Amazon can help you do that with its incredible selection of high-end watches. One of them, from Citizen, is currently available for half off, and we think it ticks all the boxes.
The Citizen Calandrier Eco-Drive Watch is on sale for $260 right now, which is 50% off the regular price of $525. Not only does this watch give you the time, but it even tells you the day and the date.
Citizen Calandrier Eco-Drive Watch, $260 (was $625) at Amazon
While a watch that tells the time is useful, one that does that and lets you know exactly what day and date it is can keep you on schedule better than you might imagine. In addition to the time, day, and date functions, this watch has a 24-hour tracker and world time function, so you can know what time it is anywhere in the world.
With a stainless steel case and bracelet, the timepiece oozes elegance and durability. Its blue dial is highly legible and attractive, and is sure to get you plenty of compliments. It also has a scratch-resistant mineral crystal and 100 meters of water resistance. The Japan-made quartz movement inside operates off of solar energy, provided by the Eco-Drive technology within.
Amazon customers raved about this watch. One called it “my favorite watch,” adding, “I fell in love with how it looked…It feels and looks like a very high-quality watch. All the functions work perfectly and are not hard to read.”
Another touted the “beautiful blue dial,” and said, “I love good-looking watches…but if the design can incorporate useful functions as well, it’s a winner for me. And this watch does all of that.”
The Citizen Calandrier Eco-Drive Watch will let you know exactly when you are, and it can do so in style. It can also do so for only $260 at the moment, so why not take a chance? We would never waste your time if it weren’t worth it.
Check out the companies making headlines in premarket trading. Oil stocks — Energy stocks climbed in premarket trading amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron and Exxon Mobil rallied about 3% each, while ConocoPhillips jumped more than 4%. EOG Resources gained more than 3%. Gold stocks — Stocks tied to gold advanced as investors flocked to the perceived safe haven amid the geopolitical escalation. Newmont and SSR Mining both rose more than 1%, as did the VanEck Gold Miners ETF (GDX) . Defense stocks — Weapons manufacturers rose amid elevated geopolitical risk following Israel’s attack on Iran. RTX and Northrop Grumman both surged more than 4%, Lockheed Martin gained 3.5% and L3Harris Technologies added 2.2%. Cruise lines and airlines — Travel companies slid as investors worried that heightened risk would deter vacationers and spikes in oil prices would hurt profit. Carnival fell more than 4%, Norwegian Cruise Line and Royal Caribbean Cruises dropped more than 3% each. United Airlines weakened more than 5% while Delta Air Lines and American Airlines each declined more than 4%. Southwest Airlines shed more than 2%. Hotel stocks — Hotel and resort stocks declined as traders weighed the outlook for diminished travel demand following Israel’s strike on Iran. Hilton Worldwide and InterContinental Hotels Group slipped more than 2% apiece, while Marriott pulled back nearly 2%. RH — The home furnishings retailer jumped 19% after posting a surprise adjusted profit in its fiscal first-quarter. RH earned an adjusted 13 cents per share, while analysts surveyed by LSEG expected a loss of 9 cents per share. Net income of $8 million reversed a year-earlier loss of $3.6 million, but revenue trailed Street estimates. RH shares were down more than 50% year to date ahead of the report. DraftKings — Shares of the sports betting app lost nearly 3% after imposing a 50-cent transaction fee in Illinois starting in September after state lawmakers passed a budget including what one analyst described as a surprise increase in an online gambling tax . Adobe — Shares fell more than 3% after the graphic design software company posted better-than-expected second-quarter earnings. StreetAccount cited concern over a “slight deceleration in Subscription and cRPO growth rates [and] implied Q4 growth outlook.” In the latest quarter, Adobe earned an adjusted $5.06 per share on $5.87 billion in revenue, above the $4.96 per share and $5.79 billion in revenue analysts surveyed by LSEG were expecting. Adobe also lifted its full-year guidance. GE Vernova — The turbine manufacturer slipped nearly 3% on the heels of a downgrade to peer perform from outperform at Wolfe Research. Analyst Nigel Coe cited concern over GE Vernova’s “challenging valuation” after a more than 48% gain for the stock in 2025. — CNBC’s Yun Li, Jesse Pound, Sean Conlon and Brian Evans contributed reporting