Core Insights - Expedia was the best-performing stock in the S&P 500, surging over 17% after reporting better-than-expected earnings driven by strong domestic demand [1][7][8] - Take-Two Interactive Software's stock fell 8% due to the delay in the launch of "Grand Theft Auto VI," overshadowing its stronger-than-expected earnings [4][8] - Block's shares dropped nearly 8% after missing third-quarter sales and adjusted profit forecasts, despite growth from its Cash App platform [5] - Tesla's stock decreased close to 4% following the approval of a significant pay package for CEO Elon Musk, which could be worth $1 trillion based on performance goals [6] - Akamai Technologies saw its shares rise nearly 15% after reporting better-than-expected earnings and boosting its outlook, driven by strong demand for its security and cloud services [9] - Solventum, a healthcare company spun off from 3M, exceeded expectations with its quarterly sales and adjusted profit, leading to an 8% increase in its shares [10] Market Overview - Major U.S. equity indexes finished mixed, with the Dow up 0.2% and S&P 500 up 0.1%, while the Nasdaq dropped 0.2%, marking its worst week since early April [2][3] - The Michigan Consumer Sentiment Index fell to its lowest level since June 2022, indicating negative impacts from the U.S. government shutdown on economic perceptions [2]
S&P 500 Gains and Losses Today: Take-Two Stock Falls; Expedia Soars on Resilient Travel Demand