Wall Street finished the week higher as investors digested a wave of economic data, earnings reports, and a major Supreme Court decision.
In a 6–3 ruling, the U.S. Supreme Court struck down tariffs imposed by President Donald Trump, limiting the administration’s ability to use emergency powers to enact broad trade levies without congressional approval. Meanwhile, economic data showed slowing momentum, with fourth-quarter 2025 GDP rising at a 1.4% annualized rate — down from 4.4% in the prior quarter and below the 2.8% consensus estimate.
Corporate earnings also shaped sentiment, with Walmart (WMT) and Palo Alto Networks (PANW) among major names reporting.
For the week, the S&P (SP500) gained +1.1%, while the tech-heavy Nasdaq Composite (COMP:IND) moved up +1.5%, and the blue-chip Dow (DJI) advanced +0.3%.
Here’s what caught investor attention this week:
Nvidia (NVDA) and Meta (META) agreed to a multi-year partnership this week, under which Nvidia (NVDA) will supply Meta (META) with a large volume of its current and next-generation AI hardware. The deal expands Meta’s use of Nvidia’s computing and networking technology to train and run AI models at scale.
Walmart (WMT) reported its most recent quarterly results, which showed solid sales and earnings performance but came with a somewhat cautious outlook for the year ahead. Looking ahead, the retailer guided for FY27 of $2.75 to $2.85 (midpoint $2.80) vs. the $2.97 consensus mark.
Blue Owl (OWL) said on Wednesday that some Blue Owl BDCs entered separate agreements with four North American public pension and insurance investors to sell $1.4B of direct lending investments at 99.7% of par value as of Feb. 12, 2026. This transaction positions Blue Owl Capital Corp. ((OBDC II)) to provide substantial liquidity to its shareholders.
Figma (FIG) shares surged after it released its fourth quarter results. For the quarter ended December 31, the creative design software company reported adjusted earnings per share of $0.08 versus the consensus estimate of $0.06. Revenue rose 40% Y/Y to $303.8M, above the $293.15M consensus. For full-year 2026, Figma’s revenue guidance ranges from $1.36B to $1.37B compared to the $1.29B estimate. It expects its non-GAAP operating income to range from $100M to $110M.
Genuine Parts (GPC) fell on Tuesday after missing Q4 estimates and setting full-year guidance below expectations. For the full year, Genuine Parts (GPC) sees total sales growth of 3% to 5.5% and adjusted diluted earnings per share of $7.50 to $8.00 (midpoint $7.75) vs. $7.64 consensus. The firm also confirmed plans to split into two independent, publicly traded companies, one comprising its Automotive Parts Group (Global Automotive) and the other comprising its Industrial Parts Group (Global Industrial).
ZIM Integrated Shipping (ZIM) said Monday that German shipping company Hapag-Lloyd (HPGLY) (HLAGF) agreed to acquire it for $35/share in cash, representing a 58% premium to ZIM’s stock price on February 13 and an equity value of ~$4.2B. The sale comes after ZIM (ZIM) appointed an independent board that has spent several months conducting a strategic review of options, including a sale of the company.
Carvana (CVNA) dropped sharply after its fourth-quarter earnings report. Revenue rose 58% year over year, but investors were disappointed by weaker-than-expected profitability and limited forward guidance. Adjusted EBITDA came in at $511M, below $539M estimates, while adjusted EPS jumped to $4.22 from $0.56 a year earlier, boosted by one-time items and not comparable to $1.12 forecasts. The company did not provide full-year sales guidance but reiterated a long-term target of selling 3M vehicles annually between 2030 and 2035 and projected a 13.5% adjusted EBITDA margin for fiscal 2026.
While Palo Alto Networks (PANW) beat analyst estimates on both revenue and earnings per share for the quarter, the stock slid after the company issued forward guidance that disappointed investors. Management trimmed its annual profit forecast to $3.65 to $3.70 (vs. $3.80 to $3.90 previously) and projected a softer adjusted EPS range for the upcoming quarter, reflecting higher acquisition-related costs and margin pressures. For the quarter in progress, Palo Alto expects revenue ranging from $2.941B to $2.945B and adjusted EPS ranging from $0.78 to $0.80 compared to the $0.92 estimate.
Medical Properties Trust (MPT) jumped after reporting better-than-expected fourth-quarter results and easing investor concerns tied to former key tenant Prospect Medical Holdings. The REIT said it has largely addressed its exposure to Prospect’s restructuring, secured a new 15-year lease for its California hospitals expected to generate about $45M in annual cash rent by late 2026, and is working to exit the remaining properties linked to the situation. Q4 revenue totaled $270.3M, topping estimates and rising both sequentially and year over year.
GRAIL (GRAL) fell in reaction to a failure in a large U.K.-based clinical study for its Galleri multi-cancer screening test, which was added to the Hims & Hers telehealth platform only two weeks ago. With its Q4 results on Thursday, the Illumina spinoff disclosed that its NHS-Galleri trial, which tested Galleri in more than 140K people in the U.K. National Health Service, failed to reach its main goal related to the reduction of severe cancer cases.