economy
Jim Cramer's Top 10 Things to Watch in the Stock Market Friday
The April jobs report came in stronger than expected.
TL;DR
- Stocks anticipate a higher open due to hopes for an Iran peace deal and a positive jobs report.
- CoreWeave is down over 7% after weak second-quarter revenue forecasts.
- Nike was downgraded to hold from buy by Wells Fargo due to excess competition.
- Trade Desk shares are sinking more than 13% after its revenue outlook fell short.
- HubSpot plunged over 20% following a mixed outlook and double downgrade from Bank of America.
- Cloudflare is sliding over 15% after announcing layoffs of 1,100 employees.
- Bank of America increased its price target on Citigroup to $170.
- Analysts at Piper Sandler and JPMorgan lowered their price targets on Coinbase.
- Bank of America hiked its price target on Texas Roadhouse to $234.
- Akamai jumped over 23% premarket after solid first-quarter earnings and a significant commitment for cloud infrastructure services.