• The S&P 500 fell 0.1% on Friday, May 9, 2025 as investors await new matters on tariffs ahead of a weekend meeting between U.S. and Chinese officials.

• Insulet's stock surged after insulin pump manufacturers boosted their full-year revenue outlook, and analysts raised their stock price targets.

• Expedia stock stumbled after the company lowered its full-year outlook amid weak U.S. travel demand.

Major U.S. stock indexes retreated from early earnings on Friday as investors awaited new developments in tariffs ahead of a weekend meeting between U.S. and Chinese officials.

As the benchmark index broke the two-day winning streak, the S&P 500 fell by 0.1%, down about 0.5%. On Friday, the Dow Jones industrial average fell about 0.3%, while the Nasdaq did not change. These two indexes are also completed in the negative field.

Insulet's shares (pod) surged more than 20% on Friday to speed up the S&P 500 after the company reported exceeding expectations for quarterly results and canceled its full-year revenue outlook. Jefferies analysts raised their stock target from $350 to $360, suggesting that the stock closed nearly $311 last Friday.

Microchip technology (MCHP) rose 12.6% after several analysts raised their chipmakers' stock price targets on the outlook for expectations. While Microchip's fourth-quarter sales fell 27% year-on-year, analysts expect a decline.

Tesla (TSLA) Stocks extended 4.7% for the third consecutive week due to optimism about new U.S. trade deals. The surge happened after a weak start to the week after a series of reports of a decline in sales in Europe and China.

Akamai Technologies (My brother) Stocks fell 10% from $107 after Scotiarank lowered its cybersecurity and cloud computing company’s target target to $105, and its stock closed above $76 on Friday.

Expedia Group(Expe) The stock fell nearly 8% after poor first-quarter results for travel booking services and lowered its full-year outlook amid weak U.S. travel demand. CEO Ariane Gorin said the company managed to increase bookings and revenues, "although demand in the U.S. is weaker than expected."

TKO Group Holdings stock (tko), a parent of the World Wrestling Entertainment and Ultimate Fighting Champion, fell 5.5% after losing analyst expectations for income. The company canceled its full-year revenue forecast.

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