Top Four Tech Stocks Poised for Earnings Breakouts, According to WarrenAI

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Insurance, Energy & Utilities and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.69% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Middle East Healthcare Co CJSC (TADAWUL:4009), which rose 10.00% or 3.30 points to trade at 36.30 at the close. Meanwhile, Bupa Arabia for Coop. Insurance (TADAWUL:8210) added 7.89% or 11.40 points to end at 155.90 and Derayah Financial CJSC (TADAWUL:4084) was up 7.07% or 1.76 points to 26.66 in late trade.

The worst performers of the session were Advanced Building Industries Co SJSC (TADAWUL:2240), which fell 4.45% or 1.88 points to trade at 40.38 at the close. Aldrees Petroleum & Transport Svcs (TADAWUL:4200) declined 4.40% or 5.60 points to end at 121.80 and CHUBB Arabia Cooperative Insurance (TADAWUL:8240) was down 3.77% or 0.94 points to 24.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 241 to 86 and 24 ended unchanged.

Crude oil for March delivery was down 1.50% or 0.91 to $59.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.41% or 0.92 to hit $64.32 a barrel, while the February Gold Futures contract fell 0.12% or 5.84 to trade at $4,831.66 a troy ounce.

EUR/SAR was up 0.17% to 4.39, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.07% at 98.49.

Investing.com-- Alibaba Group Holdings (NYSE:BABA) is laying the groundwork for a potential listing of its chipmaking arm, seeking to capitalise on strong investor appetite for companies aiming to challenge Nvidia in the fast-growing AI accelerator market.

As an initial step, Alibaba plans to restructure the unit, known as T-Head, into a standalone business with partial employee ownership, according to Bloomberg News.

Shares in the company rose 4.6% in pre-market trade Thursday.

Once that process is complete, the group is expected to explore an initial public offering, although the timing remains uncertain.

The IPO plans are still at an early stage, and it is unclear what valuation T-Head could ultimately command. Recent debuts and funding rounds by rival Chinese chipmakers, including Moore Threads Technology, have attracted strong interest from investors, reflecting expectations that Beijing will continue to support the domestic semiconductor industry as an alternative to U.S. technology.

Alibaba has been investing in chip design for years as part of a broader effort to secure supply for its data centres and cloud computing business, which operates on a scale comparable to Amazon Web Services. AI processors are a key component of that strategy, supporting the company’s ambitions in artificial intelligence and reducing reliance on external suppliers.

The move comes as competition intensifies in AI hardware, with a small group of firms globally seeking to develop alternatives to Nvidia’s dominant accelerators. In China, those efforts have taken on added urgency amid U.S. export restrictions and a policy push to strengthen domestic capabilities.

Investing.com -- U.S. stock futures climbed sharply higher Thursday after President Donald Trump climbed down from his threat to levy trade tariffs on European allies in the dispute over the ownership of Greenland.

Here are some of the biggest premarket U.S. stock movers today:

• Intel (NASDAQ:INTC) stock gained 1.2% ahead of the chipmaker’s quarterly results following the close of the U.S. markets, with investors keen to see if the company’s drive to break into the artificial intelligence chip market can produce results.

• Procter & Gamble (NYSE:PG) stock dropped 1.5% after the consumer goods giant posted second-quarter net sales of $22.21 billion, just below consensus estimates, while organic revenue growth also stagnated. 

• GE Aerospace (NYSE:GE) stock rose 0.2% after the jet-engine maker forecast annual profit above estimates, driven by strong demand for high-margin aftermarket parts and services as airlines are expected to prioritize maintenance spending due to aircraft supply constraints.

• Mobileye Global (NASDAQ:MBLY) stock slumped 6% after the autonomous driving technology company reported fourth-quarter earnings that significantly missed analyst expectations, despite posting better-than-expected revenue. 

• McCormick & Company (NYSE:MKC) stock fell 5% after the spice maker reported fourth-quarter earnings that missed expectations despite posting better-than-expected revenue.

• Alibaba (NYSE:BABA) ADRs surged 3.6% after Bloomberg reported that the Chinese e-commerce giant is laying the groundwork for a potential listing of its chipmaking arm, seeking to capitalise on strong investor appetite for companies aiming to challenge Nvidia in the fast-growing AI accelerator market.

• Alphabet (NASDAQ:GOOGL) stock gained 1.9% after Raymond James upgraded its stance on the tech giant to “strong buy” from “outperform”, arguing that the company is entering a phase where its AI stack is “shifting to high gear,” driving material upward revisions to medium-term estimates. 

• Venture Global (NYSE:VG) stock surged 10% after the LNG exporter won an arbitration case against Spanish energy firm Repsol over LNG sales from the Calcasieu Pass plant in Louisiana.

• Axogen (NASDAQ:AXGN) stock slumped 7.5% after the health care firm said it will offer $85 million of shares of its common stock.

• Qiagen (NYSE:QGEN) stock fell 1.6% after Deutsche Bank downgraded the medical software company to “hold” from “buy”, citing a balanced risk-reward profile after recent gains following renewed takeover speculation.

Investing.com -- Venture Global stock surged 9% Thursday morning after the company announced a favorable arbitration ruling in its dispute with Repsol LNG Holding, S.A.

The International Chamber of Commerce (ICC) International Court of Arbitration issued a final award on January 21, 2026, finding that Venture Global’s subsidiary had acted as a "Reasonable and Prudent Operator" when declaring commercial operations date (COD) on April 15, 2025. The tribunal denied all of Repsol’s claims and awarded fees to Venture Global Calcasieu Pass, LLC (VGCP).

The arbitration was related to LNG sales from the Calcasieu Project under a long-term sales and purchase agreement between the companies. This marks another legal victory for Venture Global, which stated that multiple proceedings have now affirmed the company has "fully honored the clear and mutually agreed-upon terms of its long-term contracts without exception."

Analysts from RBC Capital Markets view the decision positively, noting that the arbitrations have represented a significant overhang on the stock. "We view the decision positively for VG and believe the announcement should drive share price outperformance tomorrow given the arbitrations have represented a significant stock overhang," RBC analysts including Elvira Scotto wrote in a note.

The ruling appears to have removed investor uncertainty surrounding the company’s contractual disputes, contributing to today’s strong share price performance.

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