Aaron McDade

A pair of Switch data centers outside Las Vegas, Nevada. Courtesy of Switch

Key Takeaways ChargePoint and General Motors are teaming up to install hundreds of new electric vehicle (EV) chargers, the companies announced Wednesday. The companies said they plan to make and install up to 500 new EV chargers, branded as GM Energy chargers, across the U.S. The new charging stations are expected to become available to the public by the end of next year.

Shares of Accenture surged Thursday after the professional services and consulting firm reported first-quarter results that topped analysts' estimates and lifted its full-year revenue growth forecast.

Shares of Darden Restaurants surged 14% Thursday as the company's second-quarter sales and adjusted profit beat expectations on strong LongHorn Steakhouse results.

Conagra Brands shares slid Thursday after the food giant lowered its profit outlook, citing a "challenging consumer environment."

FedEx shares jumped in extended trading Thursday after the shipping giant said it would spin off its Freight business as a standalone company.

Nike shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over in October.

Key Takeaways Novo Nordisk's U.S.-listed shares tumbled over 19% Friday morning after it released data from a new weight loss drug trial. The new drug, CagriSema, led patients to lose 22.7% of their body weight on average, below the company's reported goal of 25%, per Bloomberg. The drug combines semaglutide, the active ingredient in Ozempic and Wegovy, with another ingredient meant to reduce hunger and make patients feel full for longer.

Key Takeaways Nvidia stock is higher Friday at the end of the last full week of trading in 2024 following a recent slide into technical-correction territory. Nvidia shares have fallen in nine of the last 11 trading sessions since closing at $145.14 on Dec. 4. The AI tech giant received some good news to close its week, as European regulators cleared the company's acquisition of Israeli software company Run:AI Labs.

Key Takeaways Several analysts lowered their price targets for Nike's stock Friday, concerned its turnaround could take longer than expected after the athletic apparel giant offered a sluggish outlook. Morgan Stanley analysts said Nike's weaker-than-expected forecast for the current quarter suggested its trajectory could "get worse before it can get better," with fiscal 2026 likely to be a "reset year." Nike shares have lost close to 30% of their value since the start of the year.