Largest S&P 500 Movers on Friday
1 minute in the past
Advancers
- Gilead Sciences (GILD) inventory was the highest performer within the S&P 500 on Friday, leaping 8.3% after the biopharmaceutical firm posted stronger-than-expected income and adjusted earnings per share for the second quarter. Descovy, Gilead’s HIV remedy that can be prescribed as a pre-exposure prophylaxis to decrease the danger of HIV an infection, helped drive gross sales progress in the course of the quarter, with an increase in demand and better common promoting costs.
- Cybersecurity agency Gen Digital (GEN) beat quarterly gross sales and revenue expectations and raised its full-year outlook. The supplier of antivirus software program and identification safety companies benefitted from sturdy demand for its AI-driven safety options amid an uptick in AI-powered scams. Gen Digital shares surged 7.7%.
- Monster Beverage (MNST) surpassed analysts’ top- and bottom-line expectations on report quarterly income, and shares of the power drink maker climbed 6.4%. Analysts pointed to a rising marketplace for power drinks and prompt Monster might additionally profit from its improvements in zero-sugar merchandise.
- Apple (AAPL) shares rose over 4%, within the inventory’s third straight day of good points after CEO Tim Cook dinner joined President Trump on the White Home to announce a $100 billion funding in U.S. manufacturing, and Trump mentioned the iPhone maker could be exempt from new tariffs on chips.
CEO Tim Cook dinner and President Trump within the Oval Workplace on Wednesday for the announcement of Apple’s new $100 billion funding.
Brendan Smialowski / AFP / Getty Photographs
Decliners
- Shares of The Commerce Desk (TTD) plummeted 38.6%, falling the furthest of any inventory within the S&P 500 on Friday. The supplier of a cloud-based platform that helps advertisers optimize their campaigns mentioned a few of the giant corporations that use its companies are limiting advert spending in response to tariff pressures. Whereas The Commerce Desk grew its quarterly income 18.7% year-over-year to edge out analysts’ gross sales forecasts, its adjusted earnings barely missed expectations. The corporate additionally named a brand new CFO.
- Web area supplier GoDaddy (GDDY) topped gross sales and revenue expectations for the second quarter and lifted its full-year income steerage, boosted by demand for its AI instruments that assist companies maximize their digital footprint. Nevertheless, GoDaddy mentioned it’ll now not function as a registry service supplier for the .CO degree area as of the fourth quarter of 2025, which the corporate says might weigh on bookings and income starting later this 12 months. GoDaddy shares dropped 11.3%.
- Warner Bros Discovery (WBD) shares ended Friday’s session 8% decrease, a day after the leisure large posted its quarterly outcomes. Though the studio division generated vital year-over-year income progress, boosted by sturdy box-office gross sales from quite a lot of theatrical releases, WBD’s international linear networks income was down from a 12 months in the past, reflecting challenges within the TV enterprise.
–Michael Bromberg
SoundHound Jumps 26% as Income Skyrockets
21 minutes in the past
SoundHound AI (SOUN) shares soared Friday after the maker of synthetic intelligence voice software program reported report gross sales and boosted its outlook because it added extra prospects, particularly in China.
The corporate reported second-quarter income that skyrocketed 217% year-over-year to $42.68 million, about $10 million greater than analysts from Seen Alpha anticipated. Its lack of $0.03 per share narrowed from a 12 months in the past, and likewise beat estimates.
Co-founder and CEO Keyvan Mohajer mentioned it was SoundHound AI’s “strongest ever quarter,” and that a number of of its earlier strategic strikes “delivered high-impact outcomes with progress throughout each enterprise unit.”
Among the many good points, the Automotive enterprise scored what the corporate referred to as a “vital new win in China for our voice assistant to be built-in in a serious OEM with automobiles spanning China and worldwide, together with the event of a number of new languages.”
SoundHound AI raised its full-year income forecast to a spread of $160 million to $178 million, in comparison with its earlier forecast of $157 million to $177 million.
The inventory gained 26% to shut at at its highest degree since February. Regardless of right now’s advance, shares of SoundHound AI have misplaced a couple of third of their worth in 2025.
–Invoice McColl
Tariff Uncertainty Sparks Volatility in Gold Market
48 minutes in the past
The gold market was whiplashed by on-and-possibly-off once more tariffs imposed on Swiss bullion.
The Monetary Occasions first reported on Thursday that the U.S. had positioned levies on gold bars. On Friday morning, the U.S. Customs and Border Safety service’s web site confirmed a letter ruling from the service dated July 31, saying forged gold 1-kilogram bullion and 100-troy-ounce bullion bars from Switzerland must be positioned beneath customs classifications which are topic to tariffs that have been efficient as of April 5.
Gold futures costs in New York rose to report ranges, briefly hitting a excessive above $3,500 per troy ounce on Friday, and have been buying and selling at a premium over benchmark spot costs in London. That futures costs spiked over spot would make sense—they usually commerce at a premium, as a result of there isn’t a carry price embedded in spot. Consumers of gold futures, nonetheless, are locking in a worth for supply at a future date, which, for gold bars, would come with related bills like the price of storage.
Gold futures pared good points to round $3,450 per troy ounce, pushing its premium to identify right down to normalized ranges, following a Bloomberg report that the Trump administration would within the “near-future” problem an govt order clarifying that there could be no duties imposed on gold bars from Switzerland.
Gold mining shares, together with Freeport-McMoRan (FCX), Royal Gold (RGLD), and U.S. Gold Corp. (USAU), closed increased on Friday, outperforming the broad market.
Trump introduced levies of 31% for Switzerland in April, however raised the speed to 39% final week. Swiss President Karin Keller-Sutter reportedly left Washington, D.C., with no deal in hand earlier this week, in line with Reuters.
One-kilo bars are probably the most generally traded dimension of gold bars on the world’s largest gold futures market, COMEX.
If tariffs on gold are imposed, Switzerland could be in a good spot. Based on statistics for 2024 compiled by Buying and selling Economics primarily based on the United Nations worldwide commerce database, pearls, valuable stones, metals, and cash are the nation’s second-highest imports to the U.S. by worth, behind solely prescription drugs.
–Crystal Kim
Beneath Armour Inventory Sinks as Tariffs Weigh on Outlook
2 hr 4 min in the past
Beneath Armour (UAA) shares tumbled Friday after the retailer mentioned it could be half as worthwhile this fiscal 12 months because it was final 12 months.
The inventory was down 18% in latest buying and selling. It is misplaced practically a 3rd of its worth because the 12 months started.
Beneath Armour on Friday reported a $2.6 million loss for the fiscal first quarter, somewhat than the $600,000 revenue analysts referred to as for. Its earnings lagged expectations even after they have been adjusted for restructuring prices and authorized exercise.
The athletic attire firm cautioned that its funds will possible worsen earlier than they get higher—earnings for the total 12 months might be half of what they have been a 12 months in the past, CFO David Bergman mentioned.
“With the tariff atmosphere and the way that is impacting demand within the general market, it’ll be harder to make extra progress this 12 months,” Bergman mentioned, in line with a transcript made accessible by AlphaSense. “However I believe we do have elevated self-discipline.”
The Baltimore-based firm beforehand projected a “modest” income dip in fiscal 2026 because it sought to finesse its product line and cut back promotions, Bergman mentioned. Nevertheless, the turnaround will possible take longer attributable to sluggish demand for athletic attire, significantly footwear, and tariffs, he mentioned.
The corporate is exploring various suppliers and will elevate costs, however such strikes would not present up in its funds till subsequent fiscal 12 months, Bergman mentioned.
Beneath Armour reported $8.6 million in adjusted earnings on $1.1 billion in income for the quarter ended June 30. Analysts have been on the lookout for $10.8 million in adjusted earnings and an identical quantity in income, in line with consensus estimates compiled by Seen Alpha.
–Sarina Trangle
Firefly Inventory Falters After First-Day Pop
3 hr 32 min in the past
Firefly Aerospace’s (FLY) inventory is sputtering, simply sooner or later after its buying and selling debut, when enthusiasm for the brand new itemizing despatched shares hovering.
The house firm’s inventory was down 18% to about $50 Friday afternoon, wiping out greater than half its good points in its first day of buying and selling yesterday.
Failure to launch was not an issue for the Cedar Park-Texas primarily based agency, which raised practically $870 million in an upsized preliminary public providing and notched massive first-day returns following a sequence of inauspicious years, together with a chapter and rocket-development setbacks. Firefly, which counts the U.S. authorities’s House Power amongst its main purchasers, claims to be the primary personal firm to efficiently obtain a soft-landing on the moon. Its shares closed 34% above its IPO worth of $45 on Thursday.
Firefly CEO Jason Kim (middle, clenched fist) in the course of the firm’s IPO on Thursday.
Michael Nagle / Bloomberg / Getty Photographs
Firefly is a part of the 2025 cohort of $100 million-plus IPOs that popped on their first day of buying and selling, exhibiting renewed investor appetites for brand new shares like stablecoin issuer Circle (CRCL) and design device maker Figma (FIG). Thus far this 12 months, that group had a median first-day pop of over 18%, outperforming new listings going again to 2021, in line with pre-IPO analysis supplier Renaissance Capital. The Renaissance IPO ETF (IPO), which tracks the agency’s index, closed 12% increased on Thursday year-to-date, outpacing the S&P 500’s 8% achieve.
–Crystal Kim
Gold Ranges to Watch as Treasured Metallic Again at Report Ranges
4 hr 55 min in the past
Gold (XAUUSD) costs have rallied over the previous week and are close to record-high ranges after a wave of profit-taking in late July.
Buyers have bid up the dear metallic amid uncertainty over the outlook for the U.S. financial system and expectations that the Federal Reserve will minimize rates of interest in September, following July’s weaker-than-expected employment report launched final Friday. Gold tends to learn from its repute as a safe-haven asset throughout occasions of financial uncertainty, whereas decrease charges additionally help the non-yielding asset. Stories that the U.S. will impose tariffs on imports of gold bars have additionally underpinned good points this week.
The commodity has soared about 30% this 12 months, boosted by issues over the Trump administration’s unpredictable commerce insurance policies—amid uncertainty about how tariffs will have an effect on the financial system—and ongoing tensions within the Center East. Spot gold was buying and selling at slightly below $3,400 per troy ounce just lately.
Supply: TradingView.com.
Since a taking pictures star sample marked gold’s excessive in late April, the commodity has consolidated in an ascending triangle, a bullish chart formation that indicators a possible continuation of the longer-term uptrend.
Extra just lately, the value has rallied from the triangle’s decrease trendline and reclaimed the revered 50-day shifting common (MA), a transfer that has coincided with the relative energy index crossing again into bullish territory.
Buyers ought to watch key overhead areas on spot gold’s chart round $3,435 and $3,735, whereas additionally monitoring main help ranges close to $3,245 and $3,150.
Learn the total technical evaluation piece right here.
–Timothy Smith
The Commerce Desk Shares Nosedive After Weak Outcomes
5 hr 15 min in the past
The Commerce Desk (TTD) shares plunged Friday after the supplier of software program to assist companies run advert campaigns warned that new U.S. tariffs are placing a crimp on promoting spending. The corporate additionally introduced a CFO change.
The inventory was down practically 40% round $54 per share in latest buying and selling, erasing all of its latest good points on its addition to the S&P 500 final month. It is misplaced greater than half its worth because the 12 months began.
As of noon Friday, The Commerce Desk inventory was the third greatest decliner within the S&P 500 up to now in 2025.
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CEO Jeff Inexperienced mentioned in a name with analysts that a few of the giant corporations that use its companies are dealing with stress from tariffs. “The impression of tariffs and associated insurance policies on these companies are very actual,” he mentioned, in line with a transcript supplied by AlphaSense, including “we see the consequences which are instantly impacting them.”
The corporate reported combined second-quarter outcomes. Income rose 18.7% year-over-year to $694 million, above the common estimate of analysts surveyed by Seen Alpha. Nevertheless, adjusted earnings per share of $0.41 got here in simply wanting forecasts.
The Commerce Desk additionally introduced that present board member Alex Kayyal would grow to be the brand new CFO, changing Laura Schenkein, who will stay with the agency by way of the top of the 12 months to assist with the transition. She held the place for 2 years.
–Invoice McColl
Expedia Shares Leap on Sturdy Earnings, Boosted Outlook
7 hr 14 min in the past
Expedia Group (EXPE) shares rose Friday after the net journey web site reported better-than-anticipated outcomes and lifted its steerage on rising worldwide demand for its companies.
The corporate posted second-quarter adjusted earnings per share of $4.24, $0.29 above the common estimate of analysts surveyed by Seen Alpha. Income rose 6% to $3.79 billion, and gross bookings have been up 5% to $30.41 billion. Each additionally beat forecasts.
Income from factors of sale outdoors the U.S. rose 13% to $1.48 billion. U.S. factors of sale income added 3% to $2.03 billion. Booked room nights grew 7% to 105.5 million.
CEO Ariane Gorin mentioned Expedia exceeded its personal expectations “whereas navigating a dynamic atmosphere.” She famous the quarterly efficiency “was pushed by continued energy throughout B2B and Promoting and additional progress on our key priorities.”
The corporate now sees full-year income and gross bookings 3% to five% increased, in comparison with its earlier outlook of a rise of two% to 4% for every. It predicts EBITDA margin growth of 100 foundation factors (bps), versus the prior 75 to 100 bps steerage.
Expedia shares have been up about 5% in latest buying and selling, after leaping 14% on the open. The inventory entered the day roughly flat up to now in 2025.
–Invoice McColl
Intel CEO Says He Has Board Assist
7 hr 46 min in the past
Intel (INTC) CEO Lip-Bu Tan mentioned he has the total help of the corporate’s board, after President Donald Trump referred to as for him to step down.
In a letter to workers, Tan mentioned “there was a number of misinformation circulating,” and that he’s partaking with the Trump administration to deal with issues raised.
Yesterday, Trump posted on his Reality Social community, “The CEO of INTEL is extremely CONFLICTED and should resign, instantly.”
The feedback got here after Sen. Tom Cotton (R-Ark.) wrote a letter to Intel’s board chair earlier this week, asking about Tan’s ties to Chinese language corporations, and stakes in corporations with reported connections to the nation’s army. Tan, who took the helm of Intel in March, was beforehand CEO of Cadence Design Programs (CDNS), which mentioned it just lately settled authorized proceedings associated to “operations and enterprise dealings in China.”
CEO Lip-Bu Tan talking at an occasion in April, shortly after he took the helm at Intel.
Andrej Sokolow / Image Alliance / Getty Photographs
Tan mentioned in his letter, “I wish to be completely clear: Over 40+ years within the business, I’ve constructed relationships world wide and throughout our various ecosystem—and I’ve at all times operated inside the highest authorized and moral requirements. My repute has been constructed on belief—on doing what I say I’ll do, and doing it the appropriate approach. This is identical approach I’m main Intel.”
“I totally share the President’s dedication to advancing U.S. nationwide and financial safety, I recognize his management to advance these priorities, and I’m proud to steer an organization that’s so central to those objectives,” the CEO mentioned.
Intel shares have been up about 1% in early buying and selling Friday, after sliding 3% yesterday, leaving them barely destructive for the 12 months.
–Kara Greenberg
Nasdaq Pacing for Greatest Week Since June
8 hr 22 min in the past
Every of the main U.S. indexes is on observe to submit weekly good points, as shares rebound from a sluggish efficiency final week.
Coming into Friday’s session, the Nasdaq Composite has risen 2.9%, which might be its greatest weekly achieve because the week of June 23, when the tech-heavy index elevated 4.2%.
The S&P 500 and the Dow Jones Industrial Common have gained 1.6% and 1.1%, respectively, up to now this week.
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Thus far in 2025, the Nasdaq is up 10%, whereas the S&P 500 and Dow have tacked on 7.8% and three.4%, respectively.
Futures Level to Increased Open for Main Indexes
9 hr 13 min in the past
Futures tied to the Dow Jones Industrial Common have been up 0.1%.
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S&P 500 futures added 0.2%.
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Nasdaq 100 futures additionally tacked on 0.2%.
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