- Palantir Technologies dropped more than 10% on Friday. This is a headline we have not seen in a long time. The stock looks set to partially rebound today.
- Nike saw its profits drop 86% during the last quarter and revenue fall 11%. The stock rose 15% on its report with optimism that the worst is over. Fascinating to see the stock jump so much on such poor earnings.
- See The Motley Fool “Is it time to just buy Nike as a rebound takes hold?”
- Carvana rose 4% Friday got another lift on Friday. See “BofA Boosts Carvana Price Target, Highlights S&P 500 Eligibility”. Insider Monkey.
U.S. Legislative and Fiscal Developments
June 30, 2025
10:34 am
The budget bill is set for broad Senate discussions today. The bill passed one Senate