Friday’s Market Moves: Tech Gains, Biotech Volatility, and Regulatory Headwinds
Stellantis shares dipped following a vehicle recall announcement, while Microsoft gained traction after bullish analyst coverage. Cidara Therapeutics soared on a Merck partnership, contrasting with Circle Internet's street-low target and Anavex Life Sciences' regulatory setback.
Alphabet faced EU pressure with a $3.4 billion fine, SAP declined amid competitive concessions, and Aspire Biopharma rallied on fresh financing. Gauzy's delayed earnings underscored litigation risks—a reminder of the market's sensitivity to operational disruptions.