While macro headwinds like tariffs remain a concern, experts believe a bigger problem facing the athleisure giant this year may be saturation in the U.S. and Canada.
The Trump-Musk divorce has gotten nasty. What started as a criticism about Trump’s “Big Beautiful Bill” and its impact on the budget deficit has quickly devolved into name calling and threats.
As the regular session of the US market concludes on Friday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
A number of stocks jumped in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
A number of stocks jumped in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN)
jumped 2.7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000. Notably, a stable labor market often supports consumer spending, which is a key driver of economic growth, which means the report could help ease some of the recession fears that gripped markets. The data also supports the soft landing narrative, where the Fed can manage inflation toward its 2% target without significant damage to the economy.
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 6.8% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 7.2% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 5.9% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of online advertising giant Alphabet (NASDAQ:GOOGL)
jumped 3.3% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
High Band Memory (HBM) is a certain number of conventional direct random-access memory (DRAM) chips stacked together to handle massive amounts of data without lag time and have come into their own with the advent of generative AI.
Economy added 139,000 nonfarm payrolls in May, exceeding expectations. Trump celebrated but clashed with Musk over tax bill, causing Tesla's stock to drop.
Shares of concrete and waste management company Concrete Pumping (NASDAQ:BBCP) fell 15.6% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q2) results, which missed Wall Street's sales, operating profit, and earnings estimates. In addition, its full-year revenue and EBITDA guidance fell short of Wall Street's estimates.
Shares of clothing and footwear retailer Zumiez (NASDAQ:ZUMZ)
fell 7.9% in the afternoon session after the company reported mixed first quarter 2025 results: its EBITDA missed and its EPS guidance for next quarter fell short of Wall Street's estimates.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 6.1% in the afternoon session after CEO Elon Musk and President Donald Trump appeared to de-escalate their recent tensions. The spat contributed to the double-digit decline in Tesla's stock price the previous day.
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
fell 19.4% in the afternoon session after the company reported underwhelming Q1 2025 results. Its EPS guidance for next quarter missed and its full-year EPS guidance fell short of Wall Street's estimates.
Shares of fashion conglomerate G-III (NASDAQ:GIII)
fell 18.7% in the afternoon session after the company reported underwhelming first quarter 2025 results: its EPS guidance for next quarter missed analysts' estimates. Sales dropped by 4%, with the company citing supply chain disruptions and timing issues in several programs that pushed volume into the back half of the year.
According to several experts in the sector, Bitcoin ETFs and cryptocurrency-related ETFs have made significant progress since launching in January 2024 and setting inflow records.
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) fell 5.3% in the morning session after Jefferies analysts downgraded the stock from a Buy to a Hold rating. The analysts noted that "with the shares up over 50% year-to-date and following a strong relative performance in 2023, it downgrades the shares on valuation." Importantly, the downgrade does not indicate a negative shift in the company's fundamentals. Rather, the analysts viewed the recent run-up in MELI's stock price as an opportunity for investors to lock in some profits.
