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Jefferies analysts chart 13% revenue growth by Bank of America, Citi, JPMorgan, Morgan Stanley and Goldman Sachs, ahead of 10% consensus view.

U.S. pending home sales fell 4.9% in January, the National Association of Realtors said on Thursday.

Index drops to 44, lower than 48 expected

AMC Entertainment Holdings Inc. enjoyed a boost from Taylor Swift and Beyoncé’s concert films in its fourth-quarter results Wednesday, but the company now faces a “bumpy” year, according to analyst firm Wedbush.

Best Buy’s stock got a nice bump Thursday, after the retailer reported quarterly results that beat expectations, as growth in gaming sales helped offset continued pressure on other consumer electronics sales, including smartphones and tablets.

Initial jobless claims rose by 13,00o to 215,000 in the week ended Feb. 24, the Labor Department said Thursday.

Snowflake shares are suffering from its CEO’s retirement, plus a weak forecast. These factors could help erase $17 billion in market cap.

Trulieve Cannabis Corp., Green Thumb Industries Inc. and Verano Holdings Corp. all topped revenue estimates for the fourth quarter, as the cannabis companies opened new stores and more states rolled out medical and adult-use programs.

Viking Therapeutics has a stock offering starting at $85 — a discount from its Wednesday closing price of $94.50.

U.S. oil futures attempt to shake off weakness tied to a rise in crude inventories.

Bath & Body Works Inc.’s stock fell 8% early Thursday, after the soap and perfume retailer said it expects earnings to fall in fiscal 2024, overshadowing better-than-expected fourth-quarter numbers.

Shares of Hormel Foods Corp. rallied toward an eight-week high Thursday, after the food company, which has brands including Skippy, Spam, Dinty Moore and La Victoria, reported fiscal first-quarter results that beat expectations as demand increased across its business segments.