The article discusses the midday trading performance of various companies such as Tesla, Goldman Sachs, Logitech, Salesforce, Masimo, Reddit, Medical Properties Trust, Trump Media & Technology Group, Coupang, Snap One, Resideo Technologies, and Charles Schwab.
Three Highlights of the Article:
1. Tesla: Shares fell 5.6% after an internal memo revealed plans for a global workforce layoff of more than 10%. CEO Elon Musk emphasized the importance of cost reductions and increasing productivity.
2. Goldman Sachs: Shares climbed 2.9% after beating Wall Street’s first-quarter earnings expectations with a 28% jump in profit due to a rebound in capital market activities.
Editorial content by Harper Eastwood
