It’s the final day of trading this week, but investors won’t want to check out for the weekend just yet. There’s still plenty of stock market news traders need to know about on Friday.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Schlumberger (SLB) stock dropped even after the energy company beat Wall Street’s Q3 estimates.
- American Express (AXP) stock rallied after the financial company surpassed estimates in its latest earnings report.
- BP (BP) stock was down as investors questioned whether a switch back to oil was the right choice.
- Tesla (TSLA) stock fell after the EV company was hit with bearish analyst coverage today.
- Rani Therapeutics (RANI) stock rocketed higher after the biopharmaceutical company posted details of an oversubscribed private placement.
- Artiva Biotherapeutics (ARTV) stock surged after the biopharmaceutical company received a Fast Track Designation for its refractory rheumatoid arthritis treatment candidate.
- Micron Technology (MU) stock slipped on reports the tech company would stop selling chips to AI data centers in China.
- XORTX Therapeutics (XRTX) stock soared thanks to an agreement to acquire a possible kidney disease treatment.
- Meta Platforms (META) stock was down after the social media company reported plans to create AI parental controls.
- Apple (AAPL) stock was up after the tech company announced a streaming deal with Formula 1 (FWONK).
- Sony (SONY) stock rallied after the entertainment company refused to back down in a lawsuit against Tencent (TCEHY).
- CoreWeave (CRWV) and Core Scientific (CORZ) stocks fell as the two companies faced pushback on a potential merger.
- Advanced Micro Devices (AMD) stock slipped today, warranting a dive into the maximum and minimum potential of the chipmaker’s shares.
- U.S. Treasury Secretary Scott Bessent is set to meet with Chinese Vice Premier He Lifeng for trade negotiations today.
Read more of the top stock market stories at TipRanks.