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Starbucks saw a 2% rise after receiving an upgrade from Bernstein, with the firm bullish on new CEO Brian Niccol. New York Community Bancorp also gained over 4% following an upgrade from Barclays. Micron Technology surged nearly 17% after a strong revenue forecast for the fiscal first quarter. Other chip Stocks, such as Nvidia and ASML Holding, also saw gains. Meta Platforms advanced more than 1% after announcing new virtual reality and augmented reality products. NRG Energy jumped almost 4% after raising its full-year guidance. GE Healthcare Technologies, however, slid more than 1% after a downgrade from UBS. Bilibili, a Chinese internet stock, climbed nearly 12% following an upgrade from Goldman Sachs. CarMax tumbled about 7% despite beating sales estimates, as it increased loan loss provisions. Jefferies Financial Group fell over 1% after reporting third-quarter results. Southwest Airlines rose about 5% after raising its third-quarter revenue forecast and announcing a share repurchase program. Sonos declined more than 6% after a double-downgrade from Morgan Stanley. Analysts believe the company’s app redesign backlash will impact its financial metrics more than expected.

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