By WSJ Staff
J&J $(JNJ)$: The healthcare conglomerate said it would invest more than $55 billion in the U.S. in the next few years, adding to a series of investment commitments by big corporations.
Nike $(NKE)$: The sportswear brand said it expects its sales decline to accelerate, as it continues to push discounts to clear inventory. Shares fell nearly 8% in Friday morning trading.
FedEx $(FDX)$: The package-shipping company cut its outlook for the year, citing soft demand for business-to-business shipments and economic uncertainty. Shares dropped more than 10%.
Micron Technology $(MU)$: The memory-chip maker's results beat Wall Street's expectations, but shares traded lower.
Carnival $(CCL)$: Shares in the cruise operator fell after it posted quarterly earnings. Liners are in ship shape, says columnist Spencer Jakab, but investors have been nervous about travel demand since Delta Air Lines cut its outlook.
Quantum Computing $(QUBT)$: Shares in the quantum-computing company fell 10% premarket after it posted disappointing earnings. D-Wave Quantum $(QBTS)$, IonQ $(IONQ)$ and Rigetti Computing (RGTI) also fell, after selling off Thursday as industry executives appeared at Nvidia's GTC conference.
NIO $(NIO)$: The Chinese automaker's net loss unexpectedly widened, despite stronger sales, as NIO contends with an intense price war in the world's largest EV market. Shares fell.
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(END) Dow Jones Newswires
March 21, 2025 09:35 ET (13:35 GMT)
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