It’s the last day of trading this week, and investors have plenty of news to read before signing off for the weekend. Let’s get into that with the hottest market happenings for Friday below.
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- TSMC (TSM) stock was down after the chip company announced a share sale.
- HCW Biologics (HCWB) stock rocketed after the company’s earnings report.
- Magnum Ice Cream (MICC) stock surged on reports of potential bids for the company.
- Starbucks (SBUX) stock jumped alongside layoffs.
- Gas prices could be set to rise heading toward Memorial Day weekend.
- Cerebras (CBRS) stock retreated following the company’s IPO.
- The S&P 500 (SPX) was down despite President Donald Trump’s visit to China.
- Iren Limited (IREN) stock was hit by a convertible note offering.
- Dexcom (DXCM) stock was boosted by an agreement with an activist investor.
- Tesla (TSLA) stock dropped on a new class-action lawsuit.
- Home Depot (HD) stock was also down on news of a class-action lawsuit.
- Advanced Micro Devices (AMD) stock slipped despite a new FSR 4.1 update.
- The Dow Jones (DJIA) fell amid inflated oil prices.
- Apple (AAPL) stock climbed on iPhone price cuts in China.
- Capcom (CCOEY) stock was up on reports of renewed interest in Dead Rising.