The Dow is set to snap an 8-day losing streak to end the week, plus a big Supreme Court decision on privacy in the digital age. Who wins in this ruling? Plus, Trump and more tariff threats. Are imported autos from the EU his next target? Plus a look ahead to everything you need to know next week.
WINNERS AND LOSERS
Let’s take a look at some of today’s winners and losers. Stocks in the green include CarMax (KMX), as the used-car retailer reported first quarter earnings of $1.33 per share, besting analyst estimates; Hain Celestials (HAIN) shares are up as the New York Post reports that Pilgrim’s Pride is bidding for food company. Hain is in process of selling Hain Pure Protein to make the company more attractive to a buyer; and United Rental (URI), as UBS upgraded the equipment rental company to “buy” from “neutral.” UBS said cyclical and cost concerns surrounding the company are overdone.
Stocks in the red include iQiyi (IQ) as the company that’s often referred to as the Netflix of China is trading down more than 8% and 23% from its June high; Blackberry (BB) as the company switches to a subscription-based model, and sales in its software and services business slowed; and Tesla (TSLA), as the automaker is planning to close to a dozen solar facilities in nine states, and a separate note from Bernstein questioning the company’s accounting practices.
Catch The Final Round at 3:55 ET p.m. with Seana Smith and Yahoo Finance editor-in-chief Andy Serwer.