Hammerstone's Daily Recap

Today's top headlines

$SPY,?$QQQ?stocks post their biggest weekly advance since Nov 2020, heading into the weekend with a 4-day win streak

$FDX?rolls after its EPS misses estimates due to lower volumes and the impact of Omicron

$DIDI $BABA $BIDU $PDD?U.S. listed Chinese names extend weekly gains after midweek news China pledged new policies to boost financial markets and spur economic growth

$GME?slumps?overnight?after reporting a wide quarterly loss vs analysts expecting a profit but surges to finish the day much higher,?$ONON?jumps on its beat and raise report,?$CURV?rises on its beat and guidance,?$JOAN?tumbles after its mixed quarter without providing guidance and a Piper downgrade on a worsening outlook

$X?slides after providing Q1 guidance below estimates as the latest steel name to provide an outlook in the past two days ($STLD?jumped while?$NUE?rolled y'day on their guides)

$STNE?spikes after a strong quarterly report with upbeat guidance and a Citi upgrade on attractive valuation as its stronger report comes after shares closed yesterday 86% off 52-week highs

$MRNA?leads the S&P after seeking FDA authorization for a second booster dose for all adults to continue its rally this week (shares rose nearly 30% this week)

$BA?green after Reuters reports?$DAL?is close to a deal for 100 737Max jets