Biggest Stock Movers

Stocks were mixed higher Friday after U.S. consumer prices rose 2.4% in January, cooler than economists' expectations.

These stocks were moving:

$Applied Materials (AMAT.US)$ jumped 8% after the semiconductor-equipment maker beat analysts' earnings and revenue estimates for its fiscal first quarter. The company also issued a better-than-expected forecast for the current quarter. CEO Gary Dickerson said the company expects its semiconductor business to grow by more than 20% this year.

(ICYMI, read Broadcom Attracts Bullish Call Option Trade, Unfazed by 20% Slump: Options Chatter)

$Moderna (MRNA.US)$ reported a fourth-quarter loss of $2.11 a share on revenue of $678 million. Analysts had expected a loss of $2.54 a share on revenue of $635 million. Shares rose 5.3%.

$Arista Networks (ANET.US)$ rallied 4.8% after the networking-equipment company topped Wall Street's targets for fourth-quarter earnings and revenue. The company maintained its forecast for a 62% to 64% gross margin this year, easing concerns higher memory prices. The results came just a day after shares in peer Cisco Systems slumped 12% after Cisco reported that surging memory costs had dragged on its margins over the fiscal second quarter.

$Coinbase (COIN.US)$ Global jumped 7.7%. The cryptocurrency exchange operator reported fourth-quarter revenue that missed expectations and swung to a loss in the period on steep declines in the price of Bitcoin and other digital currencies. Investors may be using the earnings miss as an opportunity to buy the dip, seeing as shares have fallen 50% over the past three months amid a brutal crypto selloff.

$Airbnb (ABNB.US)$ gained 5.7%. The vacation rental's fourth-quarter profit fell short of analysts' expectations. Solid revenue guidance may be driving shares higher: For the current quarter, Airbnb anticipates revenue of $2.59 billion to $2.63 billion, above what Wall Street had forecast.

$DraftKings (DKNG.US)$ slumped 12% after the sports-betting company missed Wall Street's fourth-quarter earnings expectations and issued soft revenue guidance for the current year. The results could fuel worries about the threat that prediction markets like Kalshi and Polymarket pose to sportsbooks, although DraftKings did launch a prediction market of its own in the fourth quarter. Polymarket has a data sharing partnership with Dow Jones, the publisher of Barron's.

$Expedia (EXPE.US)$ Group fell 5.4% even as the online travel agency reported better-than-expected earnings and revenue for the fourth quarter. Shares took a beating last week on fears that AI will replace many service-based industries and those worries may have been driving the selloff Friday.

$Fastly (FSLY.US)$ gained 1.6%, a day after the IT infrastructure provider rose 72% on better-than-expected fourth-quarter earnings and solid guidance. The stock's jump Thursday was its largest daily percentage increase on record, according to Dow Jones Market Data. At their intraday high, shares had risen as much as 92%.

$Maplebear (CART.US)$ added 15% after the food-delivery platform, also known as Maplebear, beat Wall Street's adjusted earnings and revenue targets for the fourth quarter. At the midpoint, Instacart's guidance for first-quarter adjusted earnings before interest, taxes, depreciation, and amortization also beat expectations.

$Pinterest (PINS.US)$ tumbled 21%. The social-media company's fourth-quarter adjusted earnings met expectations, but revenue fell short. Pinterest sees growth slowing in the first quarter, guiding for revenue that was weaker than Wall Street forecasts.

$Rivian Automotive (RIVN.US)$ soared 23% after the electric-vehicle maker reported a fourth-quarter gross profit of $120 million, when Wall Street was expecting the company to break even. Rivian sold 9,745 cars in the fourth quarter, down from 14,183 a year earlier. For 2026, the company anticipates delivering between 62,000 and 67,000 cars, up from about 42,000 vehicles in 2025.

$Roku Inc (ROKU.US)$ jumped 21% after the streaming device maker topped analysts' fourth-quarter earnings estimates and issued strong guidance for the current year. The company gets a cut of subscription fees for channels and streaming services that are bought through its platform, so its revenue gets a boost when users sign up for streamers to watch events like the Olympics and the FIFA World Cup.

U.S. steel stocks fell after the Financial Times reported that President Donald Trump planned to cut some tariffs on steel and aluminum goods. $Steel Dynamics (STLD.US)$ fell 6%, $Nucor (NUE.US)$ dropped 5.6%, $Cleveland-Cliffs (CLF.US)$ s fell 7.1%, and $Reliance (RS.US)$ declined 4%.

$Advance Auto Parts (AAP.US)$ rose 4.3%. The auto-parts retailer posted fourth-quarter adjusted earnings of 86 cents a share, well ahead of analysts' estimates of 41 cents. Revenue in the quarter declined 1.2% to $1.97 billion but also topped forecasts of $1.95 billion. Same-store sales in the period gained 1.1%, below expectations.

$Tri Pointe Homes (TPH.US)$ rallied 27% to $46.41 as Japan's Sumitomo Forestry agreed to acquire the home builder for roughly $4.5 billion. Sumitomo said it would buy the stock at $47 a share.

The BTC Sell Cycle Just Happened So What Usually Comes Next?

The recent Bitcoin sell cycle just played out, and it clearly shook market confidence. Sharp downside moves always feel extreme in real time, especially when sentiment flips from optimism to fear very quickly.

But historically, Bitcoin tends to move in phases — expansion, distribution, correction, and then rebuilding. None of these phases feel comfortable while they’re happening. The correction phase is usually where leverage gets flushed, weaker hands exit, and narratives get reset.

This is often where longer-term structure starts forming again.

After major sell cycles in previous market periods, Bitcoin didn’t immediately reverse. More often, it entered a period of slower movement — sometimes sideways, sometimes grinding down — before momentum eventually returned. These phases usually feel “boring” or uncertain while they’re happening.

Right now, uncertainty is normal. Liquidity usually tightens after aggressive upside, and markets often take time to stabilize before any clear trend returns.

So the bigger discussion is about what typically follows a sell cycle.

Historically, major corrections have often acted as reset phases rather than cycle-ending events. Momentum, when it returned, usually came after patience was tested.

No one knows exact timing. No one knows exact bottoms.

But the pattern question is still worth asking:

Is this sell cycle just another reset before the next expansion phase… Or is this time structurally different?

Curious how others here are looking at this phase — recovery setup, extended consolidation, or something else?