Nasdaq Surges 1.5%; Ulta Beauty Posts Upbeat Results

Market Overview - U.S. stocks traded higher, with the Nasdaq Composite gaining approximately 1.5% on Friday [1] - The Dow increased by 0.31% to 40,939.35, while the S&P 500 rose by 0.95% to 5,573.84 [1] - Information technology shares saw a gain of 1.9%, whereas consumer staples shares dipped by 0.5% [1] Company Performance - Ulta Beauty, Inc. reported stronger-than-expected fourth-quarter financial results, projecting fiscal year 2025 revenue between $11.5 billion and $11.6 billion, slightly below estimates of $11.67 billion [2] - The company anticipates full-year earnings per share of $22.50 to $22.90, compared to estimates of $23.50 [2] Commodities - Oil prices increased by 0.9% to $67.16, while gold rose by 0.6% to $3,009.80 [5] - Silver traded up 1.4% to $34.785, and copper saw a slight increase of 0.2% to $4.9350 [5] Global Market Performance - European shares were higher, with the eurozone's STOXX 600 gaining 0.9%, Germany's DAX 40 jumping 2%, and France's CAC 40 rising 1.3% [6] - Asian markets also closed higher, with Japan's Nikkei gaining 0.72%, China's Shanghai Composite Index up 1.81%, and Hong Kong's Hang Seng Index surging 2.12% [7] Notable Stock Movements - Bon Natural Life Limited shares surged 145% to $1.80, while Radius Recycling, Inc. shares increased 104% to $27.91 following a merger announcement [10] - SUNation Energy Inc. shares rose 47% to $0.4701 after announcing full repayment of debt [10] - Xponential Fitness, Inc. shares dropped 35% to $7.85 after releasing fourth-quarter results [10] - Newegg Commerce, Inc. shares fell 35% to $0.2499 due to a 1-for-20 reverse stock split announcement [10] - Sutro Biopharma, Inc. shares decreased by 29% to $0.8825 after FY 2024 results, with a downgrade from B of A Securities [10]