Friday is finally here, but traders can’t log off just yet. There’s still one more day of news to get through before the weekend. Let’s dig into that below with a look at the top stock market stories for today.
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Explore AMZO for 2X short leverage on AMZN- Dell Technologies (DELL) stock jumped after the computer company surpassed Wall Street’s earnings estimate.
- Tesla (TSLA) stock dropped on the departure of Cybercab leader Victor Nechita.
- Netflix (NFLX) stock took off after the streaming giant walked away from its deal to acquire Warner Bros. Discovery (WBD).
- Paramount Skydance (PSKY) stock soared after it won the bidding war against Netflix to purchase Warner Bros. Discovery.
- KORE Group Holdings (KORE) stock rocketed higher on a deal to take the Internet of Things company private.
- Volkswagen (VWAGY) stock climbed on reports it has received multiple private equity bids.
- SoundHound AI (SOUN) stock was down following the AI audio company’s latest earnings report.
- The Dow Jones Industrial Average (DJIA) was down alongside a lackluster inflation update.
- Avidity Biosciences (RNA) stock was on the move after the medical company agreed to a merger.
- Block (XYZ) stock was on the rise after the payments company cut its workforce.
- Amazon (AMZN) stock was up on news the company is reportedly considering making its own AI chips to reduce costs.
- Rackspace Technology (RXT) stock retreated today after a recent rally caused by the server company’s latest earnings report.
- Duolingo (DUOL) fell on news the language learning app would slow plans to make money from users.
- Samsung Electronics (SSNLF) stock soared after it revealed plans to reevaluate its Edge line of smartphones.
- Lululemon Athletica (LULU) stock dipped after the athletic wear company’s CEO said its board didn’t aid in a turnaround plan.
- Autodesk (ADSK) stock jumped alongside the company’s latest earnings report.
- Nintendo (NTDOF) stock fell even after the video game company announced several updates in a Pokémon presentation.