Key Takeaways
- The S&P 500 fell 0.1% on Friday, May 9, 2025 as investors waited for fresh developments on tariffs ahead of a weekend meeting between U.S. and Chinese officials.
- Shares of Insulet surged after the insulin pump maker lifted its full-year revenue outlook and analysts lifted their price targets for the stock.
- Expedia shares tumbled after the company lowered its full-year outlook amid weak U.S. travel demand.
Major U.S. equities indexes pulled back from their early gains Friday as investors wait for new developments on tariffs ahead of a weekend meeting between U.S. and Chinese officials.
The 澳洲幸运5开奖号码历史查询:S&P 500 finished lower by 0.1% as the benchmark index broke a two-day winning streak to end the week lower by about 0.5%. The 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average was down about 0.3% Friday, while the Nasdaq was unchange🅘d. Both indexes also finisheꦯd the week in negative territory.
Shares of insulin pump maker Insulet (PODD) surged by more than 20% Friday to pace the S&P 500, after the company reported stronger-t🎐han-anticipated quarterly results and lifted its full-year revenue outlook. Jefferies analysts lifted their price target on the stock to $360 from $350,🍰 suggesting significant upside from the stock's close near $311 Friday.
Microchip Technology (MCHP) jumped by 12.6% after several analysts 澳洲幸运5开奖号码历史查询:raised their price targets for the stock on the chipmaker's b✃etter-than-expected outlook. While Microchip’s fourth-quarter sales fell 27% year-over-year, analysts were expecting a steeper drop.
Tesla (TSLA) shares jumped 4.7% to post gains for the 澳洲幸运5开奖号码历史查询:third straight week amid optimism about new U.S. trade deals. The surge came after a weak start to the week following a string of reports on declining 澳洲幸运5开奖号码历史查询:sales in Europe and China.
Akamai Technologies (AKAM) stock declined more than 10% after Scotiabank lowered its price target on the cybersecurity and 澳洲幸运5开奖号码历史查询:cloud computing compan🅺y to $105 from $107, with its shares closing just above $76 on Friday.
Expedia Group (EXPE) shares tumbled nearly 8% after the travel booking service delivered 澳洲幸💫运5开奖号码历史查询:worse-t🥂han-expected first quarter results and lowered its full-year outlook amid weak U.S. travel demand. CEO Ariane Gorin said ඣthe company manage🉐d to grow bookings and revenue "despite weaker than expected demand in the U.S."
Shares of TKO Group Holdings (TKO), the parent of World Wrestling Entertainment and Ultimate Fighting Championship, fell 5.5% after 澳洲幸运5开奖🥃号码历史查询:earnings 🎀missed analysts' expectations. The c𓃲ompany lifted its full-year 🦩revenue forecast.