Top Stock Movers Now: American Express, CF Industries, Verizon, and More

Key Takeaways

U.S. equities were little changed at midday after the S&P 500 set a record high yesterday on optimism about earnings and lower interest rates.

American Express ( AXP ) shares dropped when the credit card and financial services firm gave 2025 revenue guidance that was mostly below analysts' estimates.

American depositary receipts (ADRs) of Ericsson ( ERIC ) tumbled as the telecom equipment maker's earnings were well short of estimates and it warned that threatened Trump administration tariffs could significantly impact its future results.

CF Industries Holdings ( CF ) shares slumped when JPMorgan downgraded the stock and cut the price target, citing a likely increase in natural gas prices, which will increase costs for the fertilizer manufacturer.

NextEra Energy ( NEE ) was the best-performing stock in the S&P 500 following a report the power provider has taken the first step toward possibly restarting a nuclear plant in Iowa.

Shares of Allurion Technologies ( ALUR ) traded roughly 200% higher after the maker of a gastric balloon weight-loss device announced a study that would combine its product with popular obesity drugs.

Verizon Communications ( VZ ) shares advanced as higher prices helped the telecom giant beat profit and sales estimates.

Oil futures continued their decline. Gold prices rose. The yield on the 10-year Treasury note fell. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded higher.

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