The stock market climbed on Tuesday, with software companies leading the rally despite ongoing concerns about AI disruption. This was also fueled by Advanced Micro Devices (AMD), which jumped after announcing a multiyear agreement to provide AI chips to Meta Platforms (META).
Overall, S&P 500 rose 0.8% to 6,890, while NASDAQ jumped 1.0% to 22,864.
Tweet of the Day
This is Bullish https://t.co/yMBtJTOXzs
— David Sharek (@GrowthStockGuy) February 24, 2026
Chart of the Day
Here is the one-year chart of Waste Management (WM) as of February 3, 2026, when the stock was at $225.
Waste Management stock rebounded last quarter despite missing profit and revenue estimates. The company delivered 14% profit growth, and missed expectations of 15%. Revenue also missed estimates with growth of 7% versus estimates of 8%.
On the bright side, profit growth accelerated to 14% from 1% 2QtrsAgo. Profits are also expected to climb 10% in 2026, compared to just 4% in 2025.
In last quarter’s earnings call, management said new trucks bought the past three years has significantly reduced unplanned repairs. Waste Management has also has better route optimization, saving on gas. In addition, driver turnover was at its lowest level in a year (16%). The company’s sustainability initiatives and strategic acquisitions position Waste Management for decent growth in the coming years.
WM is part of our Conservative Growth Portfolio. It’s a buy-and-hold Blue Chip stock.
