Major tech, financial, and healthcare stocks including META, MS, BLK, CTVA, VTRS, and TPR showed notable intraday movement amid shifting investor sentiment. Key metrics highlight strength in digital advertising and asset management sectors.
- META rose 2.8% on 14% YoY U.S. digital ad revenue growth
- MS gained 1.9% with 12% MoM increase in fixed-income trading revenue
- BLK hit $10.7 trillion in AUM, up $370 billion QoQ
- CTVA surged 5.4% on $1.2 billion property acquisition deal
- VTRS rose 4.1% amid renewed federal healthcare funding outlook
- TPR gained 0.7% after Nordic fintech partnership, targeting $80M annual revenue by 2027
Meta Platforms (META) advanced 2.8% after reporting stronger-than-expected U.S. digital ad revenue growth of 14% in December, driven by increased spending from consumer packaged goods firms. The stock reached a new 52-week high of $419.30, contributing to a 1.6% gain in the broader Nasdaq-100 index. Morgan Stanley (MS) rose 1.9% as fixed-income trading revenues climbed 12% month-over-month, fueled by higher volatility in U.S. Treasury markets. The firm’s total investment banking revenue rose 8% in Q4, with M&A advisory fees up 17% year-over-year. BlackRock (BLK) gained 2.3% after disclosing that its AUM reached $10.7 trillion in January, up $370 billion from the prior quarter. The increase was primarily driven by inflows into U.S. equity and ESG strategies, with net inflows totaling $18.5 billion in December. In healthcare, CareTrust REIT (CTVA) surged 5.4% following the announcement of a $1.2 billion portfolio acquisition, including 23 senior housing properties. Meanwhile, Vetrans (VTRS) jumped 4.1% on renewed optimism around federal funding for veteran healthcare infrastructure. TPR (TPR) posted a modest 0.7% gain after unveiling a strategic partnership with a European fintech firm to expand its payment processing capabilities in the Nordic region. The move is expected to contribute $80 million in incremental annual revenue by 2027.