Nvidia, Broadcom, Costco, Walgreens: Stocks to watch today

Quartz
03-07
Photo: Spencer Platt (Getty Images)

U.S. stock futures were mostly flat Friday morning as investors weighed tariff policies against signs of economic relief. S&P 500 futures popped 0.2%, while Nasdaq 100 futures inched up 0.4%. Dow Jones Industrial Average futures added 0.1%, remaining largely steady.

Meanwhile, February’s jobs report came in weaker than expected. Nonfarm payrolls rose by a seasonally adjusted 151,000, an improvement from January’s downwardly revised 125,000 but below the projected 170,000. The unemployment rate ticked up to 4.1%.

Here are stocks to watch today:

Broadcom

Broadcom (AVGO) shares surged over 9% in the early trading as the company reported first-quarter earnings that exceeded analysts’ expectations and provided strong guidance for the current quarter.

Costco

Costco (COST) shares fell in early trading on Friday after the warehouse retailer slightly missed analysts’ earnings expectations. The company reported earnings of $4.02 per share, falling short of the projected $4.09.

Nvidia

AI powerhouse Nvidia (NVDA) rebounded in premarket trading after sliding more than 5% on Thursday, possibly lifted by Broadcom’s strong earnings report.

Walgreens

Walgreens (WBA) shares rose 6% in premarket trading Friday after Walgreens Boots Alliance Inc. agreed to a $10 billion acquisition by Sycamore Partners, marking a shift to a privately held company. Sycamore will purchase Walgreens for $11.45 per share in cash.

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