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Stock Market Shifts: Legal Woes, Earnings & Mergers

Published 10 hours ago
Description

Meta Platforms, MillerKnoll, and Pony AI experienced significant drops due to court cases, weak earnings, and margin concerns. Navan and Brown-Forman saw gains from strong revenue growth and potential acquisition bids. Traders reacted to earnings misses across sectors, with memory chip stocks tumbling following Googles new AI model. AppLovin and Snap faced declines due to slowing trends and EU probes. H.B. Fuller and Best Buy rose on better results and acquisition speculation. Legal issues, earnings surprises, and merger buzz are driving the market, with Big Tech safety debates adding pressure.

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