Editorial companion

What stands out

Shares moved for very different reasons in one short episode, which is the point. Home Depot jumped after a clean beat, its comparable sales rising 1.7 percent and adjusted earnings topping estimates, a reminder that everyday home maintenance can prop up a retailer even when new-home buying is stalled. Baidu slid after its fifth quarter of free cash flow (FCF) outflow in six, driven by heavy capital spending and a revenue miss with iQiyi lagging. Alibaba’s pop shows how event-driven headlines can still produce big swings in China-related names.