Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks took a breather from their previous rally, and what’s on the radar for the next session. Meta Platforms Breaking Tuesday night: The social media giant has been ordered to shell out $375 million after a jury in New Mexico ruled Mark Zuckerberg’s company violated the state’s child exploitation laws. A Meta spokesperson said, “We respectfully disagree with the verdict and will appeal,” The case filed by New Mexico’s attorney general centered on allegations that Meta violated state consumer protection laws and misled residents about the safety of apps like Facebook and Instagram, failing to protect users from predators. Reporter Jonathan Vanian has full details on CNBC.com . Shares of Meta didn’t move much after the bell. In the fourth quarter , Meta had a profit of more than $22 billion on revenue of almost $60 billion . The damages in the case add up to roughly 0.625% of revenue for that period. Meta is also being sued along with Google’s YouTube in a different case in Los Angeles. The companies have been accused of misleading people about the safety and design of their apps. We’ll have lots more on this developing story on “Morning Call” with Morgan Brennan at 5 a.m. on the East Coast. META 3M mountain Meta Platforms shares in the past three months The Russell 2000 The small-cap index is up 2.75% in two days. The Russell 2000 is down 8% from the high hit two months ago. Since the start of the war with Iran, the index has lost 4.8%. We’ll have more on the small caps Wednesday morning. Gasoline Gasoline futures have gained 51.5% since the war began on Feb. 28. Gasoline futures are known as RBOB, or reformulated blendstock for oxygenate blending. It is the refined unleaded gasoline before the ethanol goes in. RBOB was up nearly 6% on Tuesday. So far this year, it is up 85%. One ETF that tracks it relatively closely is the United States Gasoline Fund (UGA) . @RB.1 6M mountain Gasoline futures, known as RBOB, in 2026 Beyond our borders Every big U.S. and international index followed by the team that’s behind the “Stocks @ Night” note is down. Israel is the exception. The TA-35 , which tracks the country’s 35 biggest companies and is made up mostly of tech, finance and real estate firms, is up more than 3% since the war began. The Amplify Bluestar Israel Technology ETF (ITEQ) is up 6% since the war began. Tower Semiconductor , SolarEdge , Lemonade and Wix leading the way, all up more than 25% in March. One theory is that if the war turns into a big loss for Iran, it will make it easier for Israel to attract investors and increase the chance of additional peace deals in the area. On the flip side, the international ETFs faring the worst this month include the iShares MSCI South Korea ETF (EWY) , which is down about 15% this month, and the VanEck Indonesia Index ETF (IDX) , which is also down 15% in March. The iShares MSCI Germany ETF (EWG) and the iShares MSCI France ETF (EWQ) have lost 12% and 11%, respectively, since the war started. Generac on ‘Mad Money’ with Jim Cramer at 6 p.m. The Waukesha, Wis.-based generator maker is up 53% so far this year. Generac has taken a hit since reaching a high late last month. It is down 13% from the top. Watch Cramer’s interview with CEO Aaron Jagdfeld in the 6 p.m. hour Wednesday night. GNRC YTD mountain Generac shares in 2026 Chewy The pet supplies retailer will report quarterly numbers before the bell. The ” Squawk Box ” team will be waiting for the numbers to cross and watching for the stock reaction. The stock has lost more than 26% in the past three months. Chewy hit a high last June but is down 51% from that level. Winnebago The recreational vehicle company based in Eden Prairie, Minn. will report numbers on “Squawk Box” Wednesday morning. The stock, symbol WGO, has lost 17% in the past three months. Winnebago hit a high in early February, but it’s been downhill since. Shares are off 30% from the high. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds – from financial professionals to everyday individuals – come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you’re starting from, you’ll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code.
About the Author
Related
Discover more from InfoVera Online
Subscribe to get the latest posts sent to your email.
