Intellia tanks as it pauses late-stage CRISPR gene-editing trials after one patient was hospitalized

Intellia dropped sharply on Monday after it announced that it’s pausing two late-stage CRISPR gene-editing trials because one patient was hospitalized with liver damage.

Intellia had also disclosed in May that a patient had experienced elevated liver enzymes. The news is a major setback for the company, which currently has no products on the market and is working on a one-time treatment for heart and nerve conditions.

The news dragged down other companies working on CRISPR treatments, including Beam Therapeutics Inc, Crispr Therapeutics, Editas Medicine, and Prime Medicine.

More Markets

See all Markets

Matt Phillips2m

Robinhood 4Q revenue misses estimates, but earnings beat

Robinhood Markets posted fourth-quarter revenue that fell short of analysts’ estimates, but earnings topped Wall Street’s forecasts.

(Robinhood Markets Inc. is the parent company of Sherwood Media, an independently operated media company subject to certain legal and regulatory restrictions. I own Robinhood stock as part of my compensation.)

The stock, crypto, and options-trading platform reported:

Q4 earnings per share of $0.66 vs. analysts’ consensus estimate of $0.63, according to FactSet.
Sales of $1.28 billion vs. expectations of $1.35 billion.
Transaction-based revenue of $776 million vs. expectations of $797.6 million.

Shares of the company were down 5.4% shortly after the report.

Robinhood shares notched gains of 193% and 204% in 2024 and 2025, respectively, though they’ve recently given up some of those gains amid volatility in the crypto markets.

J. Edward Moreno

10m

Lyft gives mixed earnings report, announces $1 billion buyback

Lyft — which is has a $6.7 billion market cap — announced that it would buyback up to $1 billion in shares.

Tasha Matsumoto

15m

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.

CHICAGO, ILLINOIS - JANUARY 18: Caleb Williams #18 of the Chicago Bears throws a pass against the Los Angeles Rams during the first quarter in the NFC Divisional Playoffs at Soldier Field on January 18, 2026 in Chicago, Illinois.

Luke Kawa5h

The tech sector’s biggest winners and losers are swapping places

It’s bizarro world for the tech sector.

Software stocks, the market’s collective whipping boy in 2026 in light of the presumptive threat of AI disruption, are continuing to recover on Tuesday. Meanwhile, the biggest winners of the AI boom this year — memory stocks, benefiting from intense shortages — are taking their turn in the red.

The iShares Expanded Tech Software ETF’s gains are being led by Datadog, a rare case of a software stock rising after reporting earnings this season, with heavyweights Oracle and ServiceNow outperforming the industry. Figma, which isn’t in this product, is also up double digits.

On the other side of the spectrum, Micron, Sandisk, Seagate Technology Holdings, and Western Digital are selling off.

The seesaw of modern markets often requires that as one group’s fortunes inflect positively after a long drubbing, so too must a high-flyer have its wings clipped.

That is, if you’re a portfolio manager long memory and short software stocks, and enough investors are willing to catch a falling knife and buy the beaten-down group, staying market-neutral and reducing this position would require you to purchase software and dump some memory stocks.

Matt Phillips6h

Michael Burry flags bearish technical pattern in Palantir, says he’s “working on something”

Trader and widely followed Substacker Michael Burry, once of “The Big Short” fame, called out a bearish technical trend for Palantir in a post on X last night.

He spotlighted what he interprets as a “head and shoulders” pattern in the stock, considered a bearish omen among the international community of chart-watchers.

Along with that, he’s also mapped out Fibonacci retracement levels, another popular technical analysis tool to identify key prices the shares might fall to or rebound from. Burry’s chart highlights the level around $84 as the “Next Support” for the stock and $54.50 as the “Landing Area.”

I am working on something $PLTR. pic.twitter.com/PPETfScTkE
— Cassandra Unchained (@michaeljburry) February 10, 2026

Cassandra Unchained on X: "I am working on something $PLTR. https://t.co/PPETfScTkE" / X

I am working on something $PLTR. pic.twitter.com/PPETfScTkE
— Cassandra Unchained (@michaeljburry) February 10, 2026

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.