Shares of NVIDIA Corp. fell 2.77% as the stock market experienced a poor trading session, with the S&P 500 Index dropping 0.28% and the Dow Jones Industrial Average falling 0.51%.
Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.
Shares of Walt Disney fell 3.9% to their lowest level in almost nine years as investors anticipate further price drops and scrutinize the company's turnaround plan after the announcement of price hikes, more ads, and cost cuts to boost the business.
Shares of Cboe Global Markets Inc. fell 0.93% to $150.27, ending a two-day winning streak, as the stock market had a positive trading session with the S&P 500 and Dow Jones Industrial Average rising 1.45% and 0.85% respectively; the stock closed $2.10 below its 52-week high.
HP's shares fell more than 8% after the company released disappointing fiscal third-quarter earnings, with weak PC pricing and concerns over the printing business impacting its outlook.
Stocks fell in morning trading on Wall Street, with the S&P 500 down 0.7%, as big technology stocks and healthcare stocks experienced losses, while several companies made significant moves after reporting earnings and other updates.
Manchester United's shares dropped over 18% after reports that the club's owners will take it off the market due to disappointing offers, resulting in a $700 million decrease in market value.
Shares of Netflix Inc. fell 0.65% on a rough trading session for the stock market.
Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.
C3.ai stock falls after the company withdraws its profit forecast, despite posting solid results for its latest quarter.
U.S. stocks fell as oil prices reached a 10-month high, raising concerns about inflation and its impact on the economy; tech mega caps stumbled, leading to losses in the Nasdaq, S&P 500, and Dow Jones Industrial Average.
Shares of AMC Entertainment fell over 35% after the company announced plans to sell more than 40 million common shares, following its recent 1-for-10 reverse stock split and a decline of 84% in the last year.
C3.ai Inc. shares dropped 8% in after-hours trading following the release of quarterly results, despite the company's positive performance and CEO's statement on strong traction with enterprise AI applications.
Apple shares fell over 2.6% as China plans to extend a ban on iPhone use to state-owned corporations, while Dutch Bros dropped 6% after announcing a public offering of $300 million in shares, and Dave & Buster's shares fell over 3% due to weaker-than-expected earnings.
Charter Communications' stock has fallen during the dispute with Walt Disney, but one analyst believes it is a buy.
The Hong Kong-listed shares of Alibaba Group fell over 4% after the surprise departure of former CEO Daniel Zhang from the company's cloud computing business.
Shares of Cboe Global Markets Inc. declined 1.01% as the stock market experienced mixed trading, with the S&P 500 rising and the Dow Jones falling.
Bank of America's stock fell 0.31% as the overall stock market had a mixed trading session, with the S&P 500 rising and the Dow Jones falling, ending a three-day winning streak.
Shares of Alphabet Inc. Cl A rose 1.01% to $136.71 on a mixed trading session, closing $1.29 below its 52-week high, while underperforming compared to competitors like Microsoft, Amazon, and Meta Platforms.
Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.
Shares of Microsoft Corp. fell 2.50% as the stock market experienced a dismal trading session, ending its two-day winning streak.
Arm Holdings' shares fell after Bernstein initiated coverage on the chip designer with an underperform rating, suggesting it may not benefit as much from artificial intelligence as some investors anticipate.
Shares of Zoom Video Communications Inc. fell 1.83% as the stock market experienced a grim trading session, marking the third consecutive day of losses for the company.
Shares of Canopy Growth Corp. fell 11.54% after a rough trading session for the Canadian market.
Shares of chip designer Arm Holdings fell 4% after an analyst expressed concerns about the company's future and emphasized the need for stronger earnings in Fiscal Year 2023, assigning a Hold rating on the stock with a price target of $50 per share.
Shares of Open Text Corp. fell 0.80% as the Canadian market declined, with the S&P/TSX Composite Index falling 0.02% and the company closing C$8.27 short of its 52-week high.
Starbucks Corp. shares dropped by 2.16% as the stock market took a hit, resulting in their third consecutive day of losses.
Shares of PVH Corp. dropped 2.06% on a poor trading day, marking the second consecutive day of losses for the stock.
Shares of Sirius XM Holdings Inc. fell 0.49% on a rough trading day, marking the stock's second consecutive day of losses, but outperforming some of its competitors.
Stocks fell last week, experiencing the worst week since March, highlighting the typical volatility of the stock market, but emphasizing the importance of staying invested for the long term as time in the market beats timing the market.
Stocks fell on Tuesday as Wall Street grappled with the possibility of the Federal Reserve maintaining higher interest rates, while consumer confidence declined for the second consecutive month, reaching its lowest levels since May.
Shares of Carnival Corp. fell in choppy trading after the cruise operator reported its first quarterly profit since before the COVID pandemic but provided a downbeat outlook, with the stock on track to suffer a fifth-straight weekly loss.
Stocks mostly fell in the U.S. on Friday, with the S&P 500 and Dow Jones Industrial Average declining, while the Nasdaq Composite inched up; all three indexes ended the month of September in the red, with the S&P and Nasdaq experiencing their worst monthly performance since December, and the Dow having its worst showing since February.
Clorox shares dropped more than 8% after the company reported that a cyberattack in August had a significant negative impact on sales and profits, leading to a 23% to 28% decline in sales for the quarter and a projected loss of up to 40 cents per share.
Shares of Rivian Automotive Inc fell by nearly 23% after announcing plans to issue $1.5 billion worth of convertible green bonds to support the launch of its R2 sports utility vehicle, raising concerns about diluting cash flow and the speculative nature of the business.
Shares in Clorox fell 8.1% after a cyber attack in August led the cleaning supplies company to forecast a quarterly loss and a significant decline in revenue, with analysts downgrading the stock and expressing concerns over operational and financial planning.
Shares of Coca-Cola Co. fell 4.1% due to concerns about high interest rates and a slowing job market impacting the U.S. economy.
German sandal maker Birkenstock Holdings Ltd.'s stock fell 12.6% in its trading debut, reflecting investor caution towards new deals and a competitive casual-footwear market.
Shares of BlackRock fell around 1% despite beating third-quarter profit estimates, as the asset manager's net inflows dropped and it signaled an increased interest in acquisition targets.
