Palantir Technologies Inc. remains a stock to hold for the long term despite recent market volatility, with the potential to reach a $1 trillion valuation, according to Will McGough, director of investments at Prime Capital Financial.
Shares of online travel agency Expedia (NASDAQ:EXPE)
fell 7.7% in the afternoon session after the company reported disappointing first quarter 2025 results: while EPS and EBITDA significantly beat analysts' expectations, room nights booked slightly missed, causing revenue to also fall short of estimates. Revenue rose just 3% from a year ago, lagging growth in gross bookings.
Overall, this quarter could have been better.
Let's delve into the developments on the US markets in the middle of the day on Friday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Wall Street traded slightly lower by midday Friday, as investors adopted a wait-and-see stance ahead of a potential trade breakthrough, with high-stakes negotiations between U.S. officials—led by Treasury Secretary Scott Bessent—and Chinese authorities set to unfold over the weekend.
Friday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Online travel agency Expedia (NASDAQ:EXPE) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 3.4% year on year to $2.99 billion. Its non-GAAP profit of $0.40 per share was 11.5% above analysts’ consensus estimates.
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
Online real estate marketplace Zillow (NASDAQ:ZG) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 13% year on year to $598 million. Its GAAP profit of $0.03 per share was significantly above analysts’ consensus estimates.
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
Expedia faces headwinds from soft U.S. travel trends, with first-quarter nights growth expected at 5%. Despite lowered forecasts, BofA Securities still sees upside, maintaining a Buy rating on EXPE stock.
Stay updated with the movements of the S&P500 index in the middle of the day on Monday. Discover which stocks are leading as top gainers and losers in today's session.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control.
Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
