Stocks dip ahead of tomorrow’s delayed jobs report

After weaker than expected retail sales, Wall Street awaits tomorrow's delayed jobs report and Friday's delayed CPI for clues into the health of the economy.

Your Evening Briefing February 10, 2026 Stocks dip ahead of tomorrow's delayed jobs report Stocks wavered ahead of tomorrow's delayed jobs report as the S&P 500, Nasdaq 100, and Russell 2000 all traded lower. Weaker than expected December retail sales stoked fears of a slowing economy. Communications and financials were the worst-performing sectors, while utilities, real estate, and materials were the best performers. Stocks that moved higher: Beaten-up software names rebounded, including Figma, Oracle, and ServiceNow. Spotify jumped as the streaming service's Q4 monthly average user growth and gross margins set records. Oscar Health gained after reporting impressive full-year guidance that more than offset disappointing Q4 results. Datadog rocketed higher after reporting a solid Q4 revenue and earnings beat, which outweighed its softer full-year outlook. Credo Technology Group soared after the seller of active electrical cables (AECs) and other electrical connectivity solutions for data centers announced stellar Q3 preliminary sales results after the close on yesterday, with guidance that calls for rapid growth to continue. Ferrari jumped after announcing better than expected Q4 profits and full-year 2026 EBITDA guidance. TSMC moved higher as revenues soared 37% in January. Harley-Davidson rose despite reporting falling motorcycle sales and a weaker-than-expected 2026 profit forecast before the bell this morning. Vistra rose after Jefferies upgraded stock to buy from hold, raising its price target to $203 from $191. Warner Bros. Discovery rose as Paramount said it will pay shareholders a "ticking fee" of $0.25 per share for every quarter the deal hasn't closed after the end of 2026. AppLovin continued to tick higher after CapitalWatch announced "significant revisions" to its negative report yesterday, though its stance on company "remains unchanged." Stocks that moved lower: Memory chip stocks Seagate Technology Holdings, Micron, Western Digital, and Sandisk slipped as money rotated into beaten-down software stocks. Hims & Hers continued to fall on yesterday's news that Novo Nordisk is suing the company for infringing on one of its key patents for semaglutide. Under Armour dropped as the stock was cut to sell from neutral by Citi. Coca-Cola ticked lower after Q4 sales and 2026 organic revenue growth guidance fell short of expectations. Upwork tumbled after its guidance for Q1 sales and adjusted EBITDA trailed estimates. S&P Global tumbled after the company's full-year profit forecast fell short of Wall Street's estimates. A new rule from the Trump administration could make it easier to dismiss senior government workers US federal employment levels already hit a 12-year low in October. Read more. How the Big Tech companies are spending their huge capex budgets It's mostly, but not all, for AI. Read more. Tesla has been quoting the price of its long-awaited long-range Semi truck at $290,000, Electrek reports. The $290,000 price point represents a significant increase from the original $180,000, roughly 60% higher. Read more. Michael Burry flags bearish technical pattern in Palantir, says he's "working on something" He's calling out a supposedly bearish "head and shoulders" pattern in the AI and defense software company's stock price chart.  Report: OpenAI shuttering 4o model due to sycophancy that was hard to control Dedicated users found the 4o model offered affirmation and support, while the company found the model's sycophancy hard to mitigate.  Abra CEO: This is not bitcoin's "worst time ever" and advises "when in doubt, zoom out" Over the last 12 years, Bill Barhydt has lived through "multiple 70% bitcoin drawdowns." Morgan Stanley says solar manufacturing could add as much as $50 billion in value to Tesla The firm estimates that Tesla's energy business is currently worth $140 billion. Meta reportedly expands Hyperion data center site, purchasing an additional 1,400 acres Meta's massive data center site is still years away from completion, but the company is already expanding the project's footprint, according to a new report.  Was this email forwarded to you? Don't miss out on future stories — subscribe to The Wrap and get your daily dose of financial news straight to your inbox.  Craving more insights in your inbox? Subscribe to Chartr and Snacks for quality reads. We care what you think! If you have any feedback or comments, feel free to reply and let us know your thoughts!  Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more Sherwood Terms and Conditions Our Editorial Standards Contact Us Advertise With Us Unsubscribe Privacy Policy SHERWOOD MEDIA, LLC, 85 Willow Road, Menlo Park, CA 94025