US Stocks Higher; Charter Communications Shares Plunge After Q2 Results

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 0.2% on Friday.

Following the market opening Friday, the Dow traded up 0.05% to 44,717.61 while the NASDAQ rose 0.20% to 21,099.18. The S&P 500 also rose, gaining, 0.17% to 6,374.18.

Check This Out: Top 2 Materials Stocks That May Fall Off A Cliff This Month

Leading and Lagging Sectors

Consumer discretionary shares jumped by 0.4% on Friday.

In trading on Thursday, real estate stocks dipped by 0.7%.

Top Headline

Charter Communications CHTR stock dipped around 15% on Friday after it released its fiscal second-quarter 2025 results on Friday.

The company reported quarterly revenue growth of 0.6% year-on-year to $13.77 billion, beating the analyst consensus estimate of $13.76 billion. Earnings per share of $9.18 missed the analyst consensus estimate of $9.80.

Equities Trading UP
           

  • Linkhome Holdings Inc. LHAI shares shot up 71% to $9.62 following the company’s recent announcement of an upsized initial public offering of $6 million. Consisting of 1,500,000 shares of common stock, the offering was priced at $4 per share.  Before deducting underwriting discounts and offering expenses, the total gross proceeds resulted in $6 million.
  • Shares of Fusion Fuel Green PLC HTOO got a boost, surging 49% to $7.02 after the company announced its subsidiary has confirmed several new projects.
  • Healthcare Triangle, Inc. HCTI shares were also up, gaining 41% to $0.0763.

Equities Trading DOWN

  • OceanPal Inc. OP shares dropped 38% to $0.1893 after tumbling 27% on Thursday.
  • Shares of Incannex Healthcare Inc. IXHL were down 33% to $1.10. Incannex Healthcare announced the appointment of Charlene E. Gamaldo, M.D. to its IHL-42X Obstructive Sleep Apnea (OSA) Clinical Advisory Board.
  • Carter’s, Inc. CRI was down, falling 26% to $24.20 after the company reported a second-quarter adjusted EPS miss. Additionally, the company suspended its fiscal 2025 guidance and cited tariff impacts on future earnings.

Commodities

In commodity news, oil traded down 0.2% to $65.89 while gold traded down 0.8% at $3,345.70.

Silver traded down 0.5% to $39.030 on Friday, while copper fell 0.3% to $5.7830.

Euro zone

European shares were lower today. The eurozone's STOXX 600 dipped 0.5%, while Spain's IBEX 35 Index fell 0.4%. London's FTSE 100 fell 0.4%, Germany's DAX 40 declined 0.6% and France's CAC 40 fell 0.2% during the session.

Asia Pacific Markets

Asian markets closed lower on Friday, with Japan's Nikkei 225 falling 0.88%, Hong Kong's Hang Seng dipping 1.09%, China's Shanghai Composite declining 0.33% and India's BSE Sensex falling 0.88%.

Economics

U.S. durable goods orders fell 9.3% month-over-month to $311.84 billion in June, following a revised 16.5% gain in May.

Now Read This:

Photo via Shutterstock

Loading...
Loading...
CHTR Logo
CHTRCharter Communications Inc
$272.79-2.54%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
17.26
Growth
43.09
Quality
52.30
Value
44.81
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Comments
Loading...