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Home Economy Tax News

Stocks make the largest movements of the afternoon: Duolingo, Tesla, Boeing, Gildan ActiveWear and more

by Nick Erickson
April 23, 2025
in Tax News
Reading Time: 3 mins read
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Stocks make the largest movements of the afternoon: Duolingo, Tesla, Boeing, Gildan ActiveWear and more
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View the companies that reached the headlines in the afternoon trade: Duolingo – shares rose more than 9% after Morgan Stanley's start of the Language Learning Platform with overweight. The bank set a Wall Street-High price target on Duolingo shares and called the share a “best-in-class consumer internet”. Tesla-de shares of the maker of electric vehicles have risen around 7%, despite the profit of the first quarter and the income that are weaker than expected. CEO Elon Musk said on Tuesday's profit on Tuesday that his amount of time spent on the so -called Ministry of Government Efficiency will purchase “considerably” from next month. Gildan ActiveWear – shares climbed 2% after Citigroup opened a positive catalyst watch on the brand's clothing stock. The company noted that Hondurus -based production of Gildan could be a way to prevent the considerable “mutual” rates of President Donald Trump. Enphase Energy Stock in the Solar Technology Company withdrew more than 14% after missing Wall Street's first quarter of predictions. CEO Badri Kothandaraman noted that his profit call noted that rates will hinder the battery activities of the company, which depends on sourcing from China. Enphase expects rates to lower its gross margin by around 2% in the current quarter. CAVA – Shares climbed 7% in the afternoon trade. Bernstein has upgraded the fast-casual restaurant chains to perform better, where analyst Danilo Gargiulo notices that he believes that the company can be protected against an economic decline and predict 40% benefit. SAP-De Software shares went up more than 8% after the income of the first quarter surpassed the estimates of analysts. SAP earned 1.44 euros per share, or $ 1.64, while analysts examined by LSEG 1.32 euros per share. However, the income missed the predictions of analysts. Intuitive surgical – the surgical robot maker added 5% after reporting adapted profit of $ 1.81 per share for the first quarter, on which the $ 1.72 LSEG consensus estimate is at the top. Turnover was $ 2.25 billion, above $ 2.19 billion expected from analysts. Capital One Financial shares in the credit card company won 6% on the heels of better than expected results of the first quarter. Capital One recorded a modified $ 4.06 per share, while analysts were looking for $ 3.71 by LSEG. Multiple Wall Street companies, including Bank of America, increased their target price for the shares after the results. GE Vertova shares were about 5% higher after the Energy Equipment manufacturer repeated its guidelines for the entire year, even if it predicted a hit of $ 400 million as a result of rates. You expect income up to $ 37 billion and a free cash flow of no less than $ 2.5 billion in 2025. Bristol Myers Squibb – shares of the biopharmaceutical company fell 3% after the company said that his drugs cobenfy would not achieve the necessary threshold as a supplement as a supplement as a supplement as a supplement threemale as a supplement threemale as a supplement threepade as a supplement threepade as a supplement threepade as a supplement threepade as a supplement. Additional treatment with scaling in a 3 -test phase. BIG TECH – Technology Behemoths were sharply higher on Wednesday when the wider market exhausted in response to the softer rhetoric of President Donald Trump on Chinese rates and chairman of the Federal Reserve Jerome Powell. Stock in iPhone maker Apple won about 2%, in addition to Microsoft. Shares of Facebook -mother company Meta platforms have 4%advanced, just like Nvidia. Boeing-de Airplane Maker saw the shares almost 6% after the strong report of the company in the first quarter. The loss of Boeing limited to $ 31 million and it burned less cash than estimated analysts. The deliveries of the aircraft rose almost 60% of a year ago when the company worked to stabilize production. The company is also preparing to request approval to increase the production of its best -selling 737 Max Jets to 42 a month later this year. – CNBCs Yun Li, Alex Harring, Sean Conlon and Michelle Fox have contributed reporting. Get your ticket to live live pro live with the New York Stock Exchange! Uncertain markets? Get a lead at CNBC Pro Live, an exclusive, inaugural event in the historic New York Stock Exchange. In today's dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber we invite you to participate with us for our first exclusive, personal CNBC Pro Live event at the iconic NYSE on Thursday 12 June. Participate in Interactive Pro Clinics led by our Pro Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro conversations with Tom Lee. You also get the chance to network with CNBC experts, talent and other pro subscribers during an exciting cocktail hour on the legendary trade floor. Tickets are limited!

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