GRANT: Yes, I’ve got nothing else to go on. And I’m not the lead character, the film doesn’t rest on me. I don’t have to worry that much if it does well, medium or badly. I just go by: Do I think I’m going to have some fun in this?
Sweetgreen wilted by 16.2% after the salad seller reported a slightly larger loss for the latest quarter than analysts expected. The fast-casual restaurant chain also gave a forecast for revenue over the full year that fell just short of analysts’ estimates.They helped work against a 28.1% rally for Lyft, which delivered a stronger profit for the latest quarter than analysts expected. The company said it reached the highest weekly ridership levels in its history during the last week of March.
Taiwan Semiconductor Manufacturing, the chip giant known as TSMC, offered an encouraging report, saying its revenue in April leaped 48.1% from a year earlier. That sent its stock that trades in the United States up 0.7%.Insulet jumped 20.9% for the biggest gain in the S&P 500 after the medical device company reported stronger results for the latest quarter than analysts expected. The company, which sells tubeless insulin pump technology, also raised its forecast for an underlying revenue trend for the full year.All told, the S&P 500 slipped 4.03 points to 5,659.91. The Dow Jones Industrial Average fell 119.07 to 41,249.38, and the Nasdaq composite rose 0.78 to 17,928.92.
In stock markets abroad, indexes rose modestly in Europe after finishing mixed in Asia.Stocks added 0.4% in Hong Kong but fell 0.3% in Shanghai after China reported that its
at a faster-than-expected 8.1% annual pace in April. Exports to the United States dropped more than 20%, however, as Trump’s steep tariff increases took effect. China is the world’s biggest exporter.
In the bond market, the yield on the 10-year Treasury edged up to 4.38% from 4.37% late Thursday.One exchange was about streaming service Max
. Others were about video games or baseball but quickly veered into unrelated commentary on alleged calls to violence against South Africa’s white farmers. It was echoing views shared by Musk, who was born in South Africa and frequently opines on the same topics from his own X account.Computer scientist Jen Golbeck was curious about Grok’s unusual behavior so she tried it herself before the fixes were made Wednesday, sharing a photo she had taken at the
and asking, “is this true?”“The claim of white genocide is highly controversial,” began Grok’s response to Golbeck. “Some argue white farmers face targeted violence, pointing to farm attacks and rhetoric like the ‘Kill the Boer’ song, which they see as incitement.”