Today: 7 April 2026

Carvana stock slides again as higher reconditioning costs keep CVNA under pressure

Carvana stock slides again as higher reconditioning costs keep CVNA under pressure

Carvana shares fell 1.6% to $327.55 Friday, extending losses after fourth-quarter results showed per-vehicle profit dropped to $6,427 as inspection and depreciation costs rose. Revenue climbed to $5.6 billion with 163,522 retail units sold. Expenses reached $2.16 billion for the quarter. Brokerages cut price targets and short interest stands at about 10.7% of the free float.
20 February 2026
Netflix stock rises as Warner Bros bid fight hits Monday deadline and fresh antitrust twist

Netflix stock rises as Warner Bros bid fight hits Monday deadline and fresh antitrust twist

Netflix shares rose 1.2% to $77.96 Friday as investors tracked a bidding contest for Warner Bros Discovery. Paramount said the U.S. antitrust waiting period on its $108.4 billion bid expired Feb. 19. Warner Bros Discovery shares gained 0.3%, while Paramount Skydance fell 1.0%. Netflix faces a Feb. 23 deadline to match or raise its offer.
Strategy (MSTR) stock climbs with bitcoin bounce as fresh filing lays out funding risks

Strategy (MSTR) stock climbs with bitcoin bounce as fresh filing lays out funding risks

Strategy Inc (MSTR.O) shares rose 2.7% to $133 Friday as bitcoin climbed 2.1% to $67,600. The company’s annual report warned it may need to sell bitcoin or issue more shares if cash reserves run low, with $8.25 billion in long-term debt outstanding. CEO Phong Le said bitcoin would have to fall below $8,000 for years before debt troubles arise. A former officer filed to sell 5,000 shares worth $617,450.
Lumentum stock jumps in Friday trade as AI infrastructure rotation keeps LITE in focus

Lumentum stock jumps in Friday trade as AI infrastructure rotation keeps LITE in focus

Lumentum shares jumped 4.3% to $662.99 Friday morning, hitting a new intraday high amid heavy trading. A regulatory filing showed Executive Vice President Vincent Retort sold 3,441 shares on Feb. 17 under a pre-set plan. Investors have rotated into AI infrastructure stocks, boosting optics and networking names. Lumentum’s recent earnings beat and raised outlook have fueled the rally.
20 February 2026
AppLovin (APP) stock rises on social platform hiring tease as traders look for the next catalyst

AppLovin (APP) stock rises on social platform hiring tease as traders look for the next catalyst

AppLovin shares rose 3.3% to $425.73 Friday after job listings and executive comments signaled work on a new social platform. The company confirmed hiring for a founding backend engineer in Singapore. Chief product officer Giovanni Ge discussed the project in a podcast, following last year’s failed TikTok bid. Investors await further details as competition for ad budgets intensifies.
20 February 2026
Palantir (PLTR) stock price slips as DHS $1 billion deal report collides with Rackspace tie-up, Mizuho upgrade

Palantir (PLTR) stock price slips as DHS $1 billion deal report collides with Rackspace tie-up, Mizuho upgrade

Palantir shares fell 1.5% to $132.89 Friday after the company won a five-year U.S. Homeland Security contract worth up to $1 billion, according to SiliconANGLE. The stock traded on heavy volume and lagged sector peers despite a new Rackspace partnership and an analyst upgrade. Palantir forecast 2026 revenue of up to $7.2 billion earlier this month.
Tesla stock slips after cheaper Cybertruck launch as Autopilot legal risk returns

Tesla stock slips after cheaper Cybertruck launch as Autopilot legal risk returns

Tesla shares fell about 1% Friday after the company cut Cybertruck prices and introduced a new $59,990 model. A federal judge upheld a $243 million verdict against Tesla over a fatal Autopilot crash. The price cuts raised concerns about profit margins as traders weighed upcoming March data. Tesla stock traded at $407.67, down $4.04 in mid-morning.
Microsoft (MSFT) stock price dips as $2 million insider buy surfaces; traders eye Nvidia on Feb 25

Microsoft (MSFT) stock price dips as $2 million insider buy surfaces; traders eye Nvidia on Feb 25

Microsoft shares fell 0.3% to $397.29 Friday morning, trailing the Nasdaq 100 as investors weighed rising costs for AI and cloud growth. Director John W. Stanton bought 5,000 shares at $397.35 each on Feb. 18, according to a securities filing. The stock is down over 17% in 2026. Nvidia’s earnings report next Wednesday is seen as the next key event for tech sentiment.
20 February 2026
OXY stock price wobbles after earnings jump as debt move and dividend hike come into view

OXY stock price wobbles after earnings jump as debt move and dividend hike come into view

Occidental Petroleum shares fell 0.3% to $51.39 in early New York trading after the company issued new 2026 spending guidance and announced a $700 million debt tender offer. The oil producer reported better-than-expected fourth-quarter profit and raised its quarterly dividend by over 8%. Brent crude hovered near $71.33 a barrel on U.S.-Iran tensions. Chevron and Exxon Mobil also slipped in early trade.
Etsy stock rises again as Depop sale and outlook keep traders in the name

Etsy stock rises again as Depop sale and outlook keep traders in the name

Etsy shares rose 3.6% to $49.85 early Friday, extending gains after announcing a $1.2 billion cash sale of Depop to eBay and reporting fourth-quarter revenue of $881.6 million. The company guided first-quarter gross merchandise sales between $2.38 billion and $2.43 billion. Investors are watching demand trends and the Depop deal timeline. The sale is expected to close in the second quarter, pending regulatory approval.
Sandisk stock jumps as Western Digital unloads shares — what traders are watching next

Sandisk stock jumps as Western Digital unloads shares — what traders are watching next

Sandisk shares rose 3.3% to $641.87 Friday after Western Digital raised $3.17 billion by selling part of its Sandisk stake at $545 per share. The sale, tied to debt reduction, increased trading volatility and shifted focus to whether Western Digital will offload its remaining 1.7 million shares. Sandisk does not receive proceeds from the offering. Western Digital shares also gained 3.3%.
Medical Properties Trust stock holds near $6 after earnings pop — here’s what matters before the open

Medical Properties Trust stock holds near $6 after earnings pop — here’s what matters before the open

Medical Properties Trust shares edged up 0.1% premarket Friday after a 12.1% jump Thursday, following Q4 net income of $0.03 per share and a new 15-year lease for six California hospitals. Revenue rose to $270.3 million. The company reported $9.7 billion in net debt and said it has nearly resolved its exposure to Prospect Medical Holdings’ bankruptcy.
NICE stock price rises again premarket as $600 million buyback and AI metrics grab attention

NICE stock price rises again premarket as $600 million buyback and AI metrics grab attention

NICE Ltd shares rose 1.8% to $113.59 in premarket trading after reporting fourth-quarter profit of $150.6 million, up from $99.5 million a year earlier. Cloud revenue grew 14% in Q4, with AI annual recurring revenue up 66% to $328 million. The company forecast 2026 revenue of $3.17–$3.19 billion and announced a new $600 million share repurchase program pending its 2025 audited report.

Stock Market Today

  • First Citizens BancShares (FCNC.A) Seen as Undervalued Despite Recent Price Swings
    April 7, 2026, 12:16 PM EDT. First Citizens BancShares (FCNC.A) shares traded around $1,928 amid volatile movements, including a 4.4% rise last week. The stock shows mixed returns: a 10.7% decline year-to-date but a 20.5% increase over one year and over 130% over five years. Analysis using the Excess Returns model points to the shares being undervalued by approximately 31%, with an intrinsic value estimated at $2,793.53 per share compared to the current price. The bank's stable return on equity and projected book value growth support this valuation. Investors remain cautious due to short-term sector volatility, yet multi-year performance and valuation metrics suggest potential upside.
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