Core Insights - Crude oil inventories decreased by 3.4 million barrels last week, indicating a tightening supply in the market [1] - The decrease in inventories is attributed to increased exports and higher refinery utilization rates [1] Industry Summary - The EIA reported a significant drop in crude oil inventories, which may suggest stronger demand or supply constraints [1] - Increased exports are contributing to the reduction in inventories, reflecting a potentially robust international market for crude oil [1] - Refineries are operating at a higher rate, which may indicate an uptick in domestic consumption or preparation for increased export activities [1]

Company Performance - AT&T Inc. reported operating revenues of $30.71 billion for its fiscal third quarter, a 1.6% increase year-over-year, but below the analyst consensus estimate of $30.87 billion [2] - Adjusted earnings per share (EPS) for AT&T stood at $0.54, which was in line with analyst expectations [2] Market Movements - Vicor Corporation shares surged 28% to $84.29 after reporting better-than-expected quarterly financial results [8] - Winnebago Industries, Inc. saw its shares increase by 24% to $39.19 following better-than-expected fourth-quarter results and FY26 guidance above estimates [8] - Beyond Meat, Inc. shares rose 101% to $7.27, driven by factors such as short interest and a distribution partnership with Walmart [8] - Arcturus Therapeutics Holdings Inc. shares plummeted 59% to $9.42 after announcing interim results from its Phase 2 clinical trial [8] - Alector, Inc. shares fell 50% to $1.6000 after announcing the discontinuation of an open-label extension and a workforce reduction of about 49% [8] - Obook Holdings Inc. experienced a decline of 37% to $12.19, likely due to post-IPO volatility [8]