This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.
Below are the top 10 S&P 500 stock gainers for the week ended Feb 6:
Teradyne Smashes Estimates On AI-Related Demand. Stock Jumps
Semiconductor test equipment supplier Teradyne late Monday smashed Wall Street's targets for the fourth quarter and with its guidance for the current period. Teradyne stock jumped in extended trading.
The North Reading, Mass.-based company earned an adjusted $1.80 a share on sales of $1.08 billion in the December quarter. Analysts polled by FactSet had expected Teradyne earnings of $1.38 a share on sales of $977 million. On a year-over-year basis, Teradyne earnings soared 89% while sales increased 44%.
Hershey’s Outlook Tops Estimates on Price Hikes, New Items
Hershey offered a better-than-expected 2026 outlook, saying higher prices and new products would bolster the candymaker’s performance.
The Pennsylvania-based maker of Hershey’s chocolates and Reese’s Peanut Butter Cups sees adjusted earnings per share of $8.20 to $8.52. The low-end of that range topped Wall Street estimates by about 15%.
The optimistic outlook shows Hershey benefiting from its decision to raise prices by double digits last year, due to high cocoa costs that are now coming down. Cocoa futures have fallen recently, as demand shows signs of waning following years of high cocoa prices that caused consumers to buy less chocolate and candy companies to change their recipes.
Corning Stock Jumps on Stellar Earnings, New Billion-Dollar Deal
On Friday, Corning stock jumped to an all-time high of $122.56 before trimming a few cents to finish the session just up by 8.31 percent at $122.16 apiece.
Corning Incorporated announced earlier in the week that it more-than-tripled its net income to $1.596 billion from only $506 million in 2024, while net sales grew by 19 percent to $15.6 billion from $13.1 billion year-on-year.
In the fourth quarter alone, net income increased by 26 percent to $540 million from $310 million, while net sales inched up by 3 percent to $4.2 billion from $3.5 billion.
Encouraged by the results, Corning Incorporated raised its net sales growth outlook through 2028 to now be at $11 billion in incremental annualized sales, versus its previous guidance of $8 billion.
In other news, the company clinched a $6 billion partnership with Facebook operator Meta for the supply of fiber optic cables for its data centers.
Super Micro Computer Soars as Q2 Results, Guidance Top Estimates
SUPER MICRO COMPUTER INC shares rose in extended trading on Tuesday after the artificial intelligence server company reported second-quarter results and guidance that topped Wall Street's forecast.
For the period ending Dec. 31, Super Micro said it earned an adjusted $0.69 per share as revenue more than doubled year-over-year to come in at $12.53B. Analysts had expected the company to earn an adjusted $0.40 per share on $10.43B in revenue.
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