BlackBerry (BB.N) fourth-quarter revenue was US$173 million, compared with market expectations of US$154.2 million. Fourth-quarter IoT revenue was US$66 million, compared with market expectations of US$64.4 million. Adjusted basic earnings per share in the fourth quarter were $0.030, while market expectations were for a loss of $0.04 per share.

Federal Reserve Board Governor Kugler: New businesses are creating a large number of new jobs.

Exxon Mobil Corp. (XOM.N) said it expects first-quarter refining gains of up to $700 million and expected profit losses of up to $1.3 billion from timing and derivatives.

ExxonMobil (XOM.N): It expects changes in oil and natural gas prices to drag down its first-quarter profit by as much as $1 billion.

Fed Governor Coogler: Supply networks appear to be adapting to disruptions at the Baltimore port.

Fed Governor Coogler: My basic expectation is that further disinflation can be achieved without a significant rise in unemployment.

Federal Reserve Board Governor Kugler: GDP growth is expected to be solid this year, but slower than 3.1% in 2023.

Fed Governor Kugler: Consumer and business surveys show stable inflation expectations. Consumption growth is expected to slow this year. Weak consumer spending in January and February suggests that consumption growth may slow in the first quarter compared with the second half of 2023.

Fed Governor Coogler: What is important is that wage growth is consistent with 2% inflation, and the United States is moving in the direction of this wage growth.

Fed Governor Kugler: New tenant lease agreement data indicate that housing inflation will continue to cool overall. Sustained inflation slowdown does require further progress in housing and non-housing services.

Brazilian Minister: Energy prices could be reduced by 5%.

Russian Defense Ministry: Talks between Russian Defense Minister Shoigu and French Defense Minister Le Corny indicated "readiness for dialogue on Ukraine."

Dell (DELL.N) closed up 8.6%, hitting a record closing price.

Paramount Global rose 17%, its biggest intraday gain since May 2020.

Apple (AAPL.O) fell sharply in the short term, with gains narrowing to 0.4%.

US official: US President Joe Biden will speak with Israeli Prime Minister Benjamin Netanyahu on Thursday.

Israel Defense Forces Chief of Staff: We are working hard to promote negotiations and reach an agreement to release the hostages. This is a top priority.

Sources: Concerns grow over deteriorating situation in Gaza as aid operations are hampered. US officials stress importance of aiding civilians in conflict.