The Dow Jones Industrial Average is off 472 points, pacing for its worst day since May 21, while the tech-heavy Nasdaq Composite drops triple digits as well.
Mastercard inc. (NYSE: MA) shares are trading lower Friday after a report revealed that major retailers like Walmart and Amazon are exploring the creation of their own stablecoins.
In the U.S., it is estimated there will be approximately 72,680 new cases of head and neck cancer diagnosed and more than 16,680 deaths from the disease in 2025, Merck said.
The Free Markets ETF (ARCA: FMKT) launched to follow companies expected to benefit from less regulation under Trump's administration, with an expense ratio of 0.75%.
Palantir Technologies Inc (NASDAQ:PLTR) is a high-performing AI stock with a strategic partnership with Israel's Ministry of Defense, making it a geopolitical hedge. Defense wins and retail investor interest raise questions about its high valuation and volatility.
Investors are growing cautious about the timeline and payoff of Adobe’s AI initiatives, despite the company beating Q2 estimates and raising its full-year revenue forecast.
Major payment processors face stock pressure as retail giants explore stablecoin alternatives that could bypass traditional card networks and reduce transaction fees.
William Blair analyst Andrew Jeffrey said that while stablecoins may appeal to merchants seeking lower card processing fees, they are not well-suited for business-to-consumer transactions.
Investors eyeing defense and cybersecurity stocks as Middle East tensions rise. Lockheed Martin, Raytheon, and Elbit Systems see spikes. Cybersecurity firms also on high alert.
Shares of creative software maker Adobe (NASDAQ:ADBE)
fell 5% in the afternoon session after the company reported underwhelming second quarter 2025 (fiscal Q2) results, which failed to impress Wall Street. Recent price hikes to better monetize its AI offerings failed to improve the growth momentum, which remained range-bound in the low double-digit range. Notably, remaining performance obligations (RPO - key growth indicator) also fell below Wall Street's estimates.
London's FTSE 100 dipped on Friday following a record high closure in the prior session, as Israel's escalating military actions against Iran heightened geopolitical tensions.
Shares of global airline American Airlines (NASDAQ:AAL) fell 5.4% in the morning session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. The conflict also fueled fears of higher operating costs for airlines and reduced global travel demand.
Shares of cruise ship company Carnival (NYSE:CCL)
fell 5.2% in the morning session after the major indices tumbled amid heightened geopolitical tensions in the Middle East following Israeli strikes on Iranian nuclear and military sites.
A number of stocks jumped in the pre-market session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Shares of airline company United Airlines Holdings (NASDAQ:UAL)
fell 5.1% in the morning session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Shares of luxury furniture retailer RH (NYSE:RH) jumped 10.8% in the afternoon session after the company reported impressive first quarter 2025 results, which significantly blew past analysts' EPS and EBITDA estimates, though revenue missed slightly.
