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Coca-Cola Stock Slides on Profit Taking Amid Strong Year-to-Date Rally
Coca-Cola shares dropped 1.74% to $79.01 on Friday, closing the holiday-shortened week nearly 3% lower, as profit taking in the defensive stock outweighed a broader market advance.
Sivers Semiconductors Faces Market Test After Weak Q1 and Index Inclusion
Sivers Semiconductors shares closed at 68.95 crowns Friday, down 1.8% for the day and 5.4% for the week, but up over 1,500% year-to-date. The company reported a 22% drop in Q1 sales and a wider adjusted EBITDA loss. Sivers joins the OMX Stockholm Benchmark Index on Monday.
Eaton Ends Short Trading Week with Slight Decline, $400 Level in Focus
Eaton Corp shares slipped 0.3% to $400.60 Friday after a volatile short week, capping a 2.4% weekly gain. The $400 level gains significance as the stock trades at a high P/E while facing margin headwinds.
IonQ Rises as Quantum Computing Sector Gains Momentum
IonQ shares rose 2.75% to $72.07 Friday, extending a 13% weekly gain, as quantum computing stocks drew fresh interest following IBM's $10 billion investment pledge.
CEG Stock Dips as AI Power Catalyst Looms
Constellation Energy closed at $287.75, down 2.1% for the week. A regulatory ruling on restarting Three Mile Island for a Microsoft data center contract could come by July.
McDonald's Stock Dips Despite Friday Uptick as Market Hits New Highs
McDonald's shares dropped 1.1% for the week despite a 0.44% gain on Friday, as Wall Street indexes reached new highs. The company faces headwinds from rising gas prices and softer low-income consumer spending.
Intuitive Surgical Dips Despite Record Highs for Nasdaq and S&P 500
Intuitive Surgical shares slipped 3.1% last week to $424.64, even as the Nasdaq and S&P 500 reached new records. Q1 revenue rose 23% to $2.77 billion, but tariff risks and a drop in bariatric procedures kept investors cautious.
STMicroelectronics ADRs Rise on AI, Satellite Push; CEO to Speak June 2
STMicroelectronics ADRs gained 3.7% last week, closing at $69.31. The company launched 700V PowerGaN chips for AI servers and industrial uses, targeting $3.45B Q2 revenue.
Quanta Services Stock Stalls After Weekly Loss; Key Factors to Watch
Quanta Services shares slipped 2.5% Friday, capping a 1.6% weekly decline. The stock remains near 10% below its May peak as investors weigh a buyback, analyst upgrade, and project risks.
Home Depot's Post-Earnings Rally Faces Key Macro Test Next Week
Home Depot shares fell 1.27% Friday despite a 4.8% sales rise, as housing affordability and consumer uncertainty weigh. Next week's economic data could determine the stock's near-term direction.