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%.
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.
HP Inc.'s stock dropped 10.7% in after-hours trading following mixed financial results and a cautious outlook, with CEO Enrique Lores noting that the external environment has not improved as expected and PC pricing has been a challenge, but the availability of AI products in late 2024 is expected to boost sales.
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.
Shares of Cboe Global Markets Inc. fell by 0.12% as the stock market experienced an overall poor trading session, marking the stock's third consecutive day of losses.
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.
Shares of AMC Entertainment fell 20% after the theater chain announced plans to sell up to 40 million new shares to raise cash, following the successful conversion of preferred APE shares into common stock and the settlement of a lawsuit objecting to the move.
Shares of Netflix Inc. fell 0.65% on a rough trading session for the stock market.
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 during out of hours trading on Thursday, following reports that China has banned government employees from using iPhones, posing a potential threat to Apple's sales and global supply chain.
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.
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.
Oracle shares dipped 13.5% after disappointing earnings and revenue guidance, while WestRock rose 2.8% following news of a merger with Smurfit Kappa, and Apple shares fell 1.8% ahead of the launch event for its new iPhone.
U.S. stocks fell on Tuesday, with tech stocks dragging down indexes after Apple unveiled its latest iPhone and the Justice Department's antitrust case against Google went to trial in Washington. The Nasdaq sank 1%, while the S&P 500 fell 0.6% and the Dow Jones Industrial Average closed 0.1% lower.
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 Microsoft Corp. rose 0.79% as the stock market had a favorable trading session, with the S&P 500 Index rising 0.84% and the Dow Jones Industrial Average rising 0.96%.
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 Charles Schwab Corp. slipped 2.58% on a dismal trading session, underperforming some of its competitors.
Shares of Alphabet Inc. Cl A fell 0.51% as the stock market experienced a dismal trading session, although it outperformed some of its competitors.
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.
Microsoft's shares have outperformed Apple's as investors see better growth prospects and less China risk, making some analysts believe that Microsoft may overtake Apple as the world's highest-valued company.
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.
Shares of Tesla Inc. TSLA fell 2.62% to $255.70 as the stock market experienced a poor trading session, with NASDAQ and Dow Jones also declining.
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.
Shares of Ford and Squarespace saw gains in midday trading, while Scholastic and Arm Holdings experienced losses, and Seagen reported positive results from a clinical trial for bladder cancer, and Deere shares fell after a downgrade, Chinese e-commerce stocks had gains following reports of the Chinese government considering loosening foreign investment rules, and Activision Blizzard shares increased after a new deal proposal from Microsoft cleared major antitrust concerns.
Shares of Ford Motor Co. slumped 0.32% as the stock experienced its second consecutive day of losses, closing $3.03 short of its 52-week high.
Shares of Tesla Inc. rose 2.44% as the stock market had a favorable trading session, snapping a two-day losing streak.
GameStop Corp. shares fell 6.9% and hit their lowest close since February 2021 after activist investor Ryan Cohen was named CEO, signaling his attempt to revitalize the company; however, GameStop is still facing significant challenges and its stock price has declined 17% this year.
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.
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.
