It may be the last day of trading this week, but that doesn’t mean investors lack news to catch up on. There’s plenty of hot stock market topics worth reading 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.
- Lululemon Athletica (LULU) stock dropped after it received multiple downgrades following a poor quarterly showing.
- Tesla (TSLA) stock was up on plans to grant CEO Elon Musk a $1 trillion pay package.
- Broadcom (AVGO) stock gained on Friday alongside a strong earnings report.
- Youxin Technology (YAAS) stock plummeted after the company priced a public offering for its shares.
- Sanofi (SNY) stock rose alongside praise from Deutsche Bank analyst Emmanuel Papadakis.
- Braze (BRZE) stock climbed thanks to earnings that were well above Wall Street’s estimates.
- The Dow Jones Industrial Average (DJIA) was up even after a worrying jobs report.
- The S&P 500 (SPX) remained up despite the latest unemployment data.
- Guidewire (GWRE) stock took off after analysts increased their price targets following a strong earnings report.
- Dexcom (DXCM) stock was flat after it confirmed new layoffs as part of a strategic shift.
- Apple (AAPL) stock slipped even after it reported $9 billion in annual sales in India.
- Rivian (RIVN) stock climbed after the EV maker announced a small number of job cuts.
- Delta Air Lines (DAL) stock jumped after an email suggested it had joined the MAGA movement.
- Qualcomm (QCOM) stock was up after it announced an autonomous driving system with BMW (DE:BMW).
- Nio (NIO) stock slipped after it received a downgrade from Freedom Broker analyst Dmitriy Pozdnyakov.
- Eli Lilly (LLY) stock was down even after the FDA granted its lung cancer treatment breakthrough status.
- UnitedHealth (UNH) stock was up alongside a price target boost from Barclays analyst Andrew Mok.
- Roblox (RBLX) stock dropped alongside a new child predator lawsuit.
- Walmart (WMT) stock fell even after the retailer announced a partnership with OpenAI.
- Airbus (EADSY) stock dropped after it reported lower delivery numbers for August.
- Advanced Micro Devices (AMD) stock dove on reports that Broadcom secured OpenAI as a customer.
Read more of the biggest stock market stories at TipRanks.