The layoffs affect roughly 1,400 of the company's nearly 14,000 employees — mostly concentrated in Florida, Texas and Washington.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Demand for transformers, a key component in the electric, has exploded as infrastructure ages and power demand rises.
AppLovin was the most successful tech stock in the U.S. last year, soaring more than 700% and outperforming even the biggest names in the AI space.
"We are expecting a strong Q4 from COIN after HOOD posted better than expected results," Needham analyst John Todaro said.
These are the stocks posting the largest moves in midday trading.
Efforts by the Trump administration to dismantle the Education Department are underway. Here's what it could mean for students.
Some analysts are more optimistic about CVS' ability to navigate higher-than-expected medical costs in its insurance unit moving forward.
Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers.
Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.