Market Movers | Deckers Outdoor Surges 13%; Verizon Jumps 7%; Visa Falls 2%; Western Digital Drops 5%; KLA Sinks 10%

Tiger Newspress01-30 23:09

Deckers Outdoor raised its annual sales and profit ​forecast on Thursday, betting on strong demand for ‌its sneakers and boots, including Hoka running shoes, sending shares of the company up about 13%.

Verizon reported fourth-quarter earnings and revenue that exceeded analyst expectations, while providing an upbeat outlook for 2026 that signals the beginning of a strategic turnaround. The telecommunications giant's shares rose 7.1% following the announcement.

Apple forecast higher-than-expected revenue growth of up to 16% for the March quarter, powered by strong demand for its ​iPhones and a sharp rebound in China and accelerating demand in India. The shares edged lower.

Visa exceeded estimates for first-quarter profit and revenue, buoyed by increased card usage during ​the holiday season amid resilient U.S. consumer spending in the last three months of 2025. The shares fell 2.4%.

Western Digital forecast third-quarter revenue above Wall Street estimates, signaling that demand for its hard ​drives and flash storage for AI servers would ‌continue to drive growth. While the shares dropped 5%.

Shares of KLA fell about 10% on Friday after investor concerns over the company's wafer fab equipment, or WFE, outlook despite analysts remaining largely bullish and raising price targets.

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