The trading week is almost done, but investors still have some time left to catch up on the latest stock market happenings. TipRanks is here to help with that by offering a list of the biggest stories for Friday.
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- Jiuzi (JZXN) stock rocketed on an expanded private placement.
- PetMed Express (PETS) stock rose on an $84 million acquisition.
- Nvidia (NVDA) stock received praise from a top analyst.
- CbdMD (YCBD) surged on reports of an upcoming executive order to reclassify marijuana.
- Tesla (TSLA) stock was up despite reports of a European sales drop.
- Fermi (FRMI) stock took a beating on a terminated $150 million contract.
- Rigetti Computing (RGTI) was praised by a five-star analyst.
- Arcus Biosciences (RCUS) stock was slammed by a failed clinical trial.
- Broadcom (AVGO) stock dropped despite several analyst price target increases.
- Costco Wholesale (COST) stock fell despite beating estimates for Q1.
- Costco failed to announce a special dividend alongside its earnings.
- Interactive Brokers (IBKR) stock was down after it introduced an option for stablecoin payments.
- Lululemon Athletica (LULU) stock rallied on a strong earnings beat and analyst updates.
- Novo Nordisk (NVO) stock jumped after it launched its diabetes treatment Ozempic in India.
- The Dow Jones Industrial Average (DJIA) was up despite a downturn in the tech sector.
- PDD Holdings (PDD) stock was hit by new changes to small-parcel shipping in Europe.
- Microsoft (MSFT) stock fell following a poor showing during The Game Awards.
- Eli Lilly (LLY) stock was boosted by reports of the fast-tracking of its weight-loss drug.
- Rivian Automotive (RIVN) stock was criticized by analysts for the company’s robotaxi plans.
- Advanced Micro Devices (AMD) stock was down alongside a larger semiconductor sector fall.
Read more of the top stock market stories at TipRanks.