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Shares of Tesla dropped roughly 4% as the electric vehicle company fell short of third-quarter delivery estimates, reporting 462,890 deliveries compared to a FactSet estimate of 463,310. Nike saw a 6% decline in its stock after withdrawing its full-year guidance and postponing its investor day due to an impending CEO change. Humana’s health-care stock plummeted over 17% following its preliminary 2025 Medicare Advantage data, with a significant decrease in members enrolled in plans rated 4 stars and above for next year. Chinese Stocks continued to rise on the back of stimulus measures, with JD.com up 5% and PDD up 3%. Harley-Davidson shares slipped 3% after a downgrade from Baird, citing risks to its third-quarter forecast. Lamb Weston Holdings saw a 2% increase in its stock after beating estimates in its fiscal first quarter. Diamondback Energy rose 1% after Barclays upgraded it to overweight. Conagra Brands dropped 9% on disappointing fiscal first-quarter results, falling short of earnings per share estimates.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
