Stock Market Dips: Tech Giants, Tesla, and Acquisitions in Focus
Update: 2025-11-14
Description
U.S. stock futures dropped on November 14th, driven by concerns over high tech company valuations. Applied Materials stock fell 6% due to expected decrease in Chinas chipmaking equipment spending. Teslas stock dropped 4% following a recall of Powerwall batteries. Warner Bros Discovery shares rose 3% on acquisition bids. StubHubs stock fell 17% after CEOs earnings guidance, while Cidara Therapeutics surged 100% on Merck acquisition rumors. Luminar Technologies stock jumped 12% on surpassing revenue expectations.
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