Company News for Apr 7, 2025

Zacks
04-07
  • Shares of Baidu, Inc. BIDU plunged 8.2% on account of it being a Chinese stock in a session where they took a nosedive.
  • Shares of Broadcom Inc. AVGO slid 5% on chipmakers and semiconductor stocks being routed.
  • Shares of Exxon Mobil Corporation XOM lost 7.2% on energy stocks falling in apprehension of a global recession and resultant decrease in demand.
  • Shares of NIKE, Inc. NKE rose 3% due to its production exposure to Vietnam. President Trump confirmed positive tariff talks with Vietnam’s General Secretary To Lam on Friday.

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This article originally published on Zacks Investment Research (zacks.com).

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