This article covers the stocks that are causing a stir in the market as of midday trading. Key players include tech giant Apple, Ross Stores, Intuit, and more, with significant stock movements influenced by various market trends and corporate announcements.
Key Points
- Booz Allen Hamilton’s shares fell 15% due to announced job cuts amid reduced government spending.
- Intuit’s stock rose by 7.5% following a strong quarterly earnings report, with revenue up 15% to $7.8 billion.
- Apple’s shares declined 2.6% following President Trump’s comments on tariffs for iPhones manufactured outside the U.S.
- Nuclear energy stocks saw a boost, with Oklo and NuScale increasing 24% and 14.5% respectively after news of potential government support for nuclear power.
- Ross Stores’ shares dropped 11% after withdrawing its full-year forecasts based on tariff uncertainties.
- Workday’s stock decreased by 11.8% after issuing a revenue forecast that met analyst expectations.
Why should I read this?
If you want to keep your finger on the pulse of the stock market, this article is a must-read! It highlights the notable movements in key stocks, each influenced by recent company news or external factors like tariffs. You’ll get a quick yet comprehensive snapshot of what’s driving market sentiment today. Spare yourself the hassle — we’ve summarised it all for you!
