Stocks rise on US-Russia talks to end Ukraine war

Image source: Image by oki andri sandjaya from Pixabay

Stocks rise on US-Russia talks to end Ukraine war: Markets wrap. 🌍 Global stocks rose, with Wall Street set for gains, as Russian and US officials met to negotiate an end to the three-year war in Ukraine. Yahoo Finance reports.

🛡️ OpenShield: OpenAI weighs special voting rights to guard against hostile takeovers. Reuters reports.

⚖️ JJBattle: Johnson & Johnson begins crucial battle over $10 billion baby powder settlement. Yahoo Finance reports.

💼 SamBuyback: Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said in a regulatory filing. Reuters reports.

🚘 AutoUltimatum: Honda Motor will resume talks with Nissan Motor to form the world's fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down. Reuters reports.

📲 HuaweiFold: Huawei launches $3,660 trifold phone outside of China as it charts international comeback. CNBC reports.

🧠 xAIMaster: Musk’s xAI releases artificial intelligence model Grok 3, claims better performance than rivals in early testing. CNBC reports.

⚡ DellPower: Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk's xAI with servers optimized for artificial intelligence work. Reuters reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $:HCTI: Healthcare Triangle
Total gain: +99.31%

2. $:GCL: GCL Global Holdings
Total gain: +73.48%

3. $:EFOI: Energy Focus
Total gain: +65.11%

4. $GLYC: GlycoMimetics
Total gain: +37.93%

5. $PEBK: Peoples Bancorp of NC
Total gain: +32.59%

* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

Stock Market Recap for the Week of 2/10 - 2/14:

During the week of February 10 to February 14, 2025, U.S. stock markets experienced notable gains, with major indices reaching or approaching record highs.

Market Performance:
S&P 500 Index: The S&P 500 closed the week at 6,114.63, reflecting a weekly gain of approximately 1.5%.

Nasdaq Composite: The tech-heavy Nasdaq Composite advanced by 2.6% over the week, ending at 20,026.77.

Dow Jones Industrial Average: The Dow Jones Industrial Average rose by 0.5% during the week, closing at 44,546.08.

Key Drivers:

Inflation Data: The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose by 0.5% month-over-month in January, with a year-over-year increase of 3.0%. This acceleration in inflation influenced market expectations regarding future Federal Reserve policies.

Federal Reserve Commentary: Federal Reserve Chair Jerome Powell, in his testimony before the Senate Banking Committee, acknowledged the higher-than-expected inflation figures, indicating that while progress has been made in controlling inflation, policy would remain restrictive for the time being.

Trade Policy Developments: President Donald Trump announced plans to develop reciprocal tariffs on countries taxing U.S. imports, aiming for implementation by April 1. This announcement introduced some uncertainty, but markets reacted positively to the delay in immediate tariff impositions.

The closing price of the top three market percent gainers trading near or above $3 on February 14.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

Benzinga reports

1. $JTAI: Jet AI
Total gain: +129.06%
flyExclusive has entered a definitive agreement to acquire the aviation business of Jet.AI. Benzinga reports.

2. $MBRX: Moleculin Biotech
Total gain: +70.86%
The company announced it has received U.S. Food and Drug Administration feedback and guidance on its IND amendment that has allowed a reduction in the size of its Phase 3 pivotal trial protocol evaluating Annamycin in combination with Cytarabine for the treatment of AML patients who are refractory to or relapsed after induction therapy. Benzinga reports.

3. $SMCX: Defiance Daily Target 2X Long SMCI ETF
Total gain: +26.83%
The stock appeared to be moving on no notable news.

Time (ET) / Report / Period

8:30 am - Empire State manufacturing survey - February
10:00 am - Home builder confidence index - February
10:20 am - San Francisco Fed President Daly speaks

“The greatest investment risk is not the volatility of prices, but the chance that you may lose money by not understanding what you are buying.”

― Philip Fisher

Sourced in:
”"Common Stocks and Uncommon Profits”, by Philip Fisher, published in 1958.