Friday’s Market Movers: Stocks React to Earnings, Downgrades, and Strategic Shifts

MEDIROM Healthcare Technologies surged after announcing plans to adopt more World Orbs, while Warner Bros. Discovery slumped following an analyst downgrade. Meta Platforms edged lower as it prepares to remove ads from Facebook and Instagram in certain overseas markets.

Concentrix tumbled after delivering mixed earnings, contrasting with LVMH's upward price target revision ahead of its quarterly results. Nike faced analyst skepticism, while Microsoft gained on bullish coverage. Kuke Music cratered after acquiring a majority stake in Naxos Music.

The Dow Jones Industrial Average and S&P 500 both advanced, buoyed by optimistic inflation data and favorable tariff news. Tesla rallied alongside a new price target, and Eli Lilly climbed after opening a biotech innovation hub in San Diego.