This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.
Below are top 10 S&P 500 stock gainers for the week ended Feb. 27:
Keysight forecasts quarterly profit above estimates on strong data center-led demand
Electronic equipment maker Keysight Technologies KEYS.N forecast second-quarter profit ahead of Wall Street estimates on Monday, sending its shares up 26% this week.
Keysight, which offers electronic design, testing and simulation software, has benefited from sustained demand from data centers as they expand to support AI workloads.
The Santa Rosa, California-based company expects second-quarter revenue in the range of $1.69 billion to $1.71 billion, ahead of analysts' average estimate of $1.51 billion, according to data compiled by LSEG.
Netflix Drops Out of Bidding for Warner Bros After Paramount Improves Offer
Netflix said Thursday that it was walking away from its agreement to acquire Warner Bros. Discovery, after WBD said it had determined that a last-minute bid by Paramount Skydance was a better deal.
Paramount shares up 26% this week. Netflix shares jumped 22%.
Axon Enterprise Jumps 25% on Q4 Results, Upbeat Guidance
$Axon Enterprise, Inc.(AXON)$ shares rose 25% this week after the maker of tasers and body cameras reported quarterly results that topped Wall Street expectations and issued a 2026 outlook calling for 27% to 30% revenue growth.
Fourth-quarter revenue was $797 million, up 39% from a year earlier and above the consensus estimate of $755 million. Software and services revenue grew 40% to $343 million, driven by new users and increased adoption of premium software by existing customers.
Dell Stock Soars 21% After It Forecasts Fiscal 2027 Revenue Above Estimates on Rising AI Server Demand
Dell Technologies Inc. forecast fiscal 2027 revenue above Wall Street estimates on Thursday, betting on growing demand for its artificial intelligence-optimized servers, sending its shares up around 21% this week.
The company also announced a 20% hike in its cash dividend and an additional $10 billion for its share repurchase program.
Jack Dorsey’s Block to Cut Nearly Half Its Workforce in AI Overhaul, Shares Surge 20%
Block, Inc. on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across its operations, sending shares of the payments firm up 20% this week.
The layoffs signal how the AI boom is translating from hype into workforce changes, fueling long-held concerns among workers and economists that the technology could eliminate roles even as it boosts productivity and profits.