CVS rises after beating Wall Street estimates

CVS Health rose more than 8% in premarket trading after it reported earnings that beat Wall Street estimates and raised its full-year guidance.

The company posted earnings per share of $2.25, more than the $1.70 analysts polled by FactSet were expecting. It also reported $94.5 billion in revenue, higher than the $93.6 billion analysts estimated. The company now expects full-year earnings of $6 to $6.20 per share, up from $5.75 to $6 per share.

CVS’s insurance arm, Aetna, said that in 2026 it will withdraw from the Affordable Care Act exchange business, which is losing money. It also announced that its pharmacy benefit manager, CVS Caremark, partnered with Novo Nordisk to “increase access” to Wegovy, the blockbuster weight-loss drug.

More Markets

See all Markets

Luke Kawa8m

It’s a new year and traders want the same old AI stocks

The early bet of 2026 is that if there’s an AI bubble, we have some more inflating to do.

The who’s who of AI stocks big and small are starting the year off with a bang.

The major gainers include:

The big three AI chip stocks: Nvidia, Broadcom, and Advanced Micro Devices, as well as foundry giant TSMC.
The memory stocks that led in 2025: Micron, Western Digital, Seagate Technology Holdings, and Sandisk.
Neoclouds CoreWeave, Nebius, IREN, and Cipher Mining.
AI-adjacent energy plays like Bloom Energy, Oklo, and Plug Power.
ASML, the Dutch business whose gigantic photolithography machines imprint circuits on the chips that enable the AI boom.
And finally, AI server company Super Micro Computer.

Is there any specific news driving this? No, not really. This is just a signal of intent that traders kicking off the new year with fresh, unblemished P&Ls are willing to dive headlong into a “new year, same AI-fueled rally” thesis.

One of Wall Street’s biggest bulls on what to expect in 2026

Deutsche Bank’s Bankim Chadha has one of the most bullish targets for the S&P 500 in 2026. Here’s why.

Matt Phillips25m

Luke Kawa

30m

What you missed if you completely disconnected from markets for the holidays

Tons of M&A news, some economic data, and executive actions to boot.

Tasha Matsumoto

Market Wrap

12/31/25

Stocks cap off a fantastic year with a bad day

Every sector traded lower and all of the Magnificent 7 stocks fell.

UNITED STATES - FEBRUARY 04: Football: Super Bowl XLI, Chicago Bears Brian Urlacher (54) upset after losing game vs Indianapolis Colts, Confetti, Miami, FL 2/4/2007

Luke Kawa12/31/25

Trump Media jumps after announcing plans to distribute digital tokens to shareholders

Trump Media & Technology Group is jumping in premarket trading after the owner of Truth Social announced plans to distribute a digital token to shareholders in partnership with Crypto.com (which is also its partner in the event contracts space).

Shareholders will receive one token per share owned, according to the press release, which can give the holder access to “various rewards” that “may include benefits or discounts tied to Trump Media products.”

This move is a little closer to home for Trump Media, which has effectively been a digital asset treasury, compared to its recent merger with fusion energy company TAE Technologies, which will radically transform the entity.

Latest Stories

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, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.