Okay, so, imagine this: you’re just casually glancing at your stock app, trying to act like you’re doing something important at work. Anyway — wait, no — where was I? Oh yeah, so Topgolf Callaway! Yep, their stock! It just decided to take a nice little 5% hike. Not bad, right? Especially after that nearly 15% jump they had earlier. Like, whoa. Apparently, some director guy bought more shares. I mean, maybe it’s all about golf and business lunches, who knows.
Now, Insmed, yeah, they kinda stole the spotlight. They shot up by, like, 26%! Why? Well, they’re over here with some big news about a Phase 2b study—or something science-y like that —with their treatment for pulmonary arterial hypertension. Meanwhile, United Therapeutics dropped 15%. I guess it’s one company’s gain and another’s… not so much.
How about J.M. Smucker? You might love their peanut butter and jelly, but this time, their stock’s not getting any love. It tanked 13%. Their fourth-quarter revenue didn’t hit the expectations, so yikes. Guess the jelly wasn’t so smooth this time.
And Taiwan Semiconductor, that’s another story. Their revenue is climbing up, up, and up — like 39.6% higher in May and even more if you count the whole year so far. Wish I was that productive! Something about chips being in demand — figures with all the gadgets we hoard.
Oh, speaking of gadgets, Apple, the big fruit, you know, had their WWDC. They gave us Liquid Glass? Sounds fancy, right? Investors were kinda meh since they wanted some AI magic. But hey, at least the stock recovered a bit from Monday’s losses.
And don’t even start on Tesla! Elon Musk — love or hate him — got a nod from Trump, and the stock shot up. Musk even sent a heart emoji. Can you imagine?
Okay, quick detour to avocado land with Calavo Growers. They dived 17% because their earnings were… less than ripe? Bad analogy, whatever! They didn’t hit the revenue expectations, and people weren’t amused.
Finally, McDonald’s, our loyal fast-food friend. The stock got downgraded to sell—ouch! Something about fewer people visiting and those fancy GLP-1 obesity drugs making them nervous. And that’s about it! Weird day, huh?