Shanghai - Delayed Quote • CNY Beijing Kingsoft Office Software, Inc. (688111.SS) Follow Compare 360.00 -16.00 (-4.26%) At close: February 18 at 3:00:04 PM GMT+8 Related News Meta snaps win streak, S&P 500 record close: Market Domination Overtime On Market Domination Overtime, hosts Julie Hyman and Alexandra Canal provide an in-depth analysis of leading market trends while speaking to Wall Street strategists for expert insights. Carson Group chief market strategist Ryan Detrick talks about the S&P 500's (^GSPC) fresh record high close while markets navigate valuation concerns and President Trump's tariff policies. Additionally, Yahoo Finance Washington Correspondent Ben Werschkul and Yahoo Finance Senior Columnist Rick Newman examine the Department of Government Efficiency's (DOGE)latest push for access to federal data. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Josh Lynch White House targets PBM reform as drug pricing concerns escalate The Trump administration is taking steps to meet with pharmaceutical companies to examine pharmacy benefit managers (PBMs) and discuss reforms aimed at eliminating PBM "middlemen." Yahoo Finance Senior Health Reporter Anjalee Khemlani analyzes the political climate surrounding PBMs, exploring how these intermediaries affect consumer choices and potential cost savings on drug prices. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Meta's stock closes down, snapping 20-session winning streak Meta stock fell Tuesday, snapping its 20-session winning streak. Intel stock posts biggest five-day gain in history amid report of potential breakup Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two. Conagra, Robinhood, Meta all slip: Market Minute Afternoon trading was muted as investors await earnings and the latest moves from the Trump administration. Conagra Brands (CAG) was one of the stocks moving to the downside after lowering its fiscal 2025 outlook. Robinhood's (HOOD) stock was also under pressure after being downgraded to Perform from Outperform at Wolfe Research. Meta shares are trading slightly lower, with the stock on the verge of snapping its streak of 20-sessions of gains. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Why Warren Buffett keeps buying Occidental Petroleum shares Investors' cash holdings are at a 15-year low — according to Bank of America's global fund manager survey — while Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) holds a record high of $325 billion in cash. Despite holding a record-high amount of uninvested cash, Buffett's firm continues to buy up shares and expand its stake in oil giant Occidental Petroleum (OXY). Portfolio Wealth Advisors president and chief investment officer Lee Munson joins Catalysts with Seana Smith and Madison Mills to discuss what Berkshire's buying of Occidental and the legendary investor's behavior signals for the wider market. "A lot of this stems from a huge sale of Apple (AAPL) that [Buffett] did last year and he just has a bunch of cash and he's slow to get it to use," Munson says, adding, "[Berkshire has] been on a buying spree with Occidental, and I think that that's something that is notable." "I think that what it really says is that this is a momentum market. It's hard to find good value right now and I think that Buffett is waiting his time," the strategist says, noting, "I don't think we should think just because there's a lot of cash it means the market is ready to fall, per se." Beyond Occidental, Buffett has added Constellation Brands (STZ) to his company's portfolio while adding to his stake in Domino's Pizza (DPZ), Pool Corporation (POOL), and SiriusXM (SIRI). Munson says Buffett is "just knee-deep in the value trade" rather than broader investment trades like artificial intelligence (AI). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. The 2025 stock market rally isn't just about the 'Magnificent 7' The stock market's gains have broadened out to start 2025. Wall Street bullish as cash levels drop to 15-year low: BofA Wall Street is feeling bullish as Bank of America's global fund manager survey pointing to cash levels having fallen to a 15-year low. Yahoo Finance Senior Reporter Josh Schafer joins Morning Brief to discuss the latest Bank of America survey, highlighting that fund managers are moving away from the crowded Magnificent Seven trade — the group of tech stocks comprised of Alphabet (GOOG, GOOGL), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA), Amazon (AMZN), Meta Platforms (META), and Microsoft (MSFT). Instead, managers are now more focused on global equities, gold (GC=F), and small-cap US stocks. This shift could lead to a stock picker’s market with potential risks tied to market leadership and the Federal Reserve's stance on interest rates. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch Trump tariffs are already causing this 1 unfortunate consequence Tariff fears are taking root in the C-suite, and execs are responding. How Meta's behind-the-scenes AI strategy is fueling its stock Meta's (META) stock has surged in 2025, up more than 20% so far this year. Morgan Stanley managing director Brian Nowak attributes the company’s success to a strategy rooted in technological innovation. "Meta made the decision to press harder on GPU investments and start to move their data centers and their algorithms over to GPUs," Nowak explained during a recent episode of Opening Bid with Yahoo Finance Executive Editor Brian Sozzi. Furthermore, he explained that Meta is now able to enhance user engagement and tailor ads with precision, using data to target users based on their behavior. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. This post was written by Rachael Lewis-Krisky, producer for Opening Bid. Dow Jones Futures: S&P 500 Hits High In Late Rally Even As Meta, Amazon Slide; This Leader Breaks Out The S&P 500 hit a new high, led by growth, even as Meta Platforms, Amazon and other titans fell. Axon Enterprise broke out. Arista Networks (ANET) Q4 2024 Earnings Call Transcript ANET earnings call for the period ending December 31, 2024. Bumble Shares Tumble on Weak Outlook, Rebound Efforts Continue The online-dating company posted operating earnings of $37 million, compared with an operating loss of $6.9 million a year earlier. Why Nike Stock Raced Higher Today Nike (NYSE: NKE) has entered into a new business collaboration, and investors were glad to hear about it on Tuesday. Before market open that morning, Nike announced that it and privately held athletic wear company Skims are teaming up for an upcoming fitness brand, NikeSKIMS. With its characteristic hype, Nike said that NikeSKIMS goods will feature "best-in-class innovation in service of all women athletes... championing their confidence, strength, femininity, and competitiveness like never before." AMC Retakes Key Level As Earnings Loom; Are Meme Stocks A Buy Or Sell Now? Meme stocks like AMC Entertainment and GameStop get their price spikes from exceptional buying interest. AMC soared to retake the 50-day moving average on Tuesday but GameStop fell after hitting resistance at that level. Shares of GameStop jumped on Feb. 10, rebounding from the 200-day moving average. Intel Could Soon Sell Majority Stake in Its Altera Programmable Chip Unit Private equity firm Silver Lake Management is nearing a deal to buy a majority stake in Intel’s Altera programmable chips unit, according to a Bloomberg report Tuesday. Cadence (CDNS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for Cadence (CDNS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. Pershing Square Makes New Offer to Increase Howard Hughes Ownership Pershing Square submitted a new nonbinding offer to increase its stake in Howard Hughes Holdings through a $900 million investment that would make Bill Ackman the new chief executive of the real-estate company. Toll Brothers (TOL) Q1 Earnings and Revenues Miss Estimates Toll Brothers (TOL) delivered earnings and revenue surprises of -12.06% and 2.05%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock? Occidental Stock Drops After Mixed Results. What’s Dragging on Buffett’s Favorite. Occidental Petroleum shares were slipping after hours on Tuesday after the company posted mixed fourth quarter results. The oil and gas producer reported fourth-quarter adjusted profit of 80 cents a share and cited declining crude oil prices and an environmental liability that affected earnings. The adjusted per-share number beat expectations, but Occidental missed on revenue, reporting a 9% drop in the quarter to $6.8 billion compared with $7.17 billion last year. Performance Overview Trailing total returns as of 2/18/2025, which may include dividends or other distributions. Benchmark is SSE Composite Index Return 688111.SS SSE Composite Index YTD +25.70% -0.81% 1-Year +53.49% +16.00% 3-Year +64.76% -4.76%