As Nike’s stock, the shares fell to the open (nke-5.58%), FedEx (FDX-6.64%) And Micron fell after the company’s revenues disappointed investors. Both the S&P 500 and Nasdaq Composite fell by about 0.8% at 9:45am, with the Dow Jones industrial average down 405.6 points, or nearly 1%.
Stocks of Chinese electric vehicle manufacturers are declining after NIONio-4.22%) Net losses have grown unexpectedly. NIO stocks fell 5.1% and paced with a 2.2% drop at XPENG (xpev-0.95%) and 1.5% with Li Autoli-1.25%). Tesla (TSLA+3.88%) Received 2.4%.
Here are some stocks to watch on Friday:
carnival
carnival(CCL-1.51%) Shares plummeted 5.8% after the company posted revenue. The results have surpassed expectations, but the Wall Street Journal (NWSA-0.26%) Columnist Spencer Jacab wrote the cruise line It’s a good shape -But Investors I’m nervous Travel demand since Delta Air Lines (Dal-0.89%) ‘I’ll cut that outlook.
Fedex
FedEx stocks plummeted 11% after cutting full-year revenues and profit forecasts due to US economic softening and uncertainty and bad weather.
micron
micron(mu-8.15%) After the company said that, shares fell 7.6% I miss the margin Analysts estimate the quarter, Bloomberg reported. Revenues from memory chip makers, released after the end of yesterday, exceeded expectations for second quarter revenue and profits against AI-related demand.
Nike
Nike stock fell 8.8% after shoe store Reported a tough quarter They sought to return to the origins of the movement, whilst increasing tariffs on goods made in China and softening the US consumer market. Sales forecasts for the current period were far worse than expected.
Nio
NIO’s ADR fell 5.1% after an unexpected expansion in net losses for Chinese EV manufacturers. Shares fell 8.9% yesterday before the results, falling 8.8% in Hong Kong on Friday.
nvidia
nvidia’s (NVDA-1.54%) Shares slid 2.1% when the AI conference ended on Friday. CEO Jensen Huang said the chipmaker We are affiliated It will build a Boston-based research center with quantum computing companies, including Quantinuum and Quera computing, integrating AI supercomputers and quantum computing.
