As the regular session of the US market concludes on Friday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
A number of stocks jumped in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
A number of stocks jumped in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN)
jumped 2.7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000. Notably, a stable labor market often supports consumer spending, which is a key driver of economic growth, which means the report could help ease some of the recession fears that gripped markets. The data also supports the soft landing narrative, where the Fed can manage inflation toward its 2% target without significant damage to the economy.
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 6.8% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 7.2% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 5.9% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Shares of online advertising giant Alphabet (NASDAQ:GOOGL)
jumped 3.3% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
High Band Memory (HBM) is a certain number of conventional direct random-access memory (DRAM) chips stacked together to handle massive amounts of data without lag time and have come into their own with the advent of generative AI.
Economy added 139,000 nonfarm payrolls in May, exceeding expectations. Trump celebrated but clashed with Musk over tax bill, causing Tesla's stock to drop.
Shares of concrete and waste management company Concrete Pumping (NASDAQ:BBCP) fell 15.6% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q2) results, which missed Wall Street's sales, operating profit, and earnings estimates. In addition, its full-year revenue and EBITDA guidance fell short of Wall Street's estimates.
Shares of clothing and footwear retailer Zumiez (NASDAQ:ZUMZ)
fell 7.9% in the afternoon session after the company reported mixed first quarter 2025 results: its EBITDA missed and its EPS guidance for next quarter fell short of Wall Street's estimates.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 6.1% in the afternoon session after CEO Elon Musk and President Donald Trump appeared to de-escalate their recent tensions. The spat contributed to the double-digit decline in Tesla's stock price the previous day.
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
fell 19.4% in the afternoon session after the company reported underwhelming Q1 2025 results. Its EPS guidance for next quarter missed and its full-year EPS guidance fell short of Wall Street's estimates.
Shares of fashion conglomerate G-III (NASDAQ:GIII)
fell 18.7% in the afternoon session after the company reported underwhelming first quarter 2025 results: its EPS guidance for next quarter missed analysts' estimates. Sales dropped by 4%, with the company citing supply chain disruptions and timing issues in several programs that pushed volume into the back half of the year.
According to several experts in the sector, Bitcoin ETFs and cryptocurrency-related ETFs have made significant progress since launching in January 2024 and setting inflow records.
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) fell 5.3% in the morning session after Jefferies analysts downgraded the stock from a Buy to a Hold rating. The analysts noted that "with the shares up over 50% year-to-date and following a strong relative performance in 2023, it downgrades the shares on valuation." Importantly, the downgrade does not indicate a negative shift in the company's fundamentals. Rather, the analysts viewed the recent run-up in MELI's stock price as an opportunity for investors to lock in some profits.
Shares of non-lethal weapons company Byrna (NASDAQ:BYRN)
jumped 20.5% in the afternoon session after the company reported strong preliminary Q2 2025 results, with sales expected to be roughly $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The promising result was attributed to strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion.
Shares of facility services provider ABM Industries (NYSE:ABM) fell 10.4% in the afternoon session after the company reported mixed first quarter 2025 (fiscal Q2) results as its full-year EPS guidance slightly missed.
Shares of building products company Quanex (NYSE:NX)
jumped 10.6% in the afternoon session after the company reported strong second-quarter 2025 (fiscal) results as sales and earnings exceeded Wall Street's forecasts. The outperformance was supported by early contributions from the recently acquired Tyman business.
Shares of pet-focused retailer Petco (NASDAQ:WOOF)
fell 24.1% in the afternoon session after the company reported weak first-quarter 2025 results, as both its revenue and EBITDA guidance for the next quarter missed Wall Street's estimates. The underwhelming sales outlook implied low-single-digit decline in second-quarter, signaling limited demand recovery.
Shares of internet of Things company Samsara (NYSE:IOT) fell 5.1% in the afternoon session after the company reported mixed first quarter 2025 (fiscal 2026) results with billings falling below expectations. The weakness was also evident in its slower sales forecast, which indicates a noticeable decline from the better growth rate it just delivered.
Shares of carbonate fuel cell technology developer FuelCell Energy (NASDAQ:FCEL)
jumped 27.8% in the afternoon session after the company reported impressive first quarter 2025 (fiscal Q2) results which blew past analysts' sales estimates.
Shares of customer engagement software provider Braze (NASDAQ:BRZE) fell 17.2% in the afternoon session after the company reported mixed first quarter 2025 (fiscal 2026) results: its full-year EPS guidance missed and its EPS guidance for next quarter fell short of Wall Street's estimates.
Know Labs Inc (NASDAQ:KNW) shares soared Friday afternoon after the company announced it will be acquired by Goldeneye 1995 LLC, an entity led by fintech investor and former Ripple Chief Risk Officer Greg Kidd.
Defiance ETFs launches PLTZ ETF, a leveraged inverse fund focused on Palantir Technologies Inc. (PLTR), providing short sellers with new means to double down.
It would seem evident that most investors would understand that consumer spending drives economic growth, ultimately creating corporate earnings growth.
