Illinois Tool Works ( NYSE: ITW ) managed to top expectations for the quarter, but tariffs and macroeconomic concerns are weighing on the company.Investors are taking a glass-half-empty approach, sending shares of the diversified manufacturer down 4% as of 10:30 a.m.

Is Qorvo stock really as cheap as it looks?

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Snap Inc SNAP reported better-than-expected first-quarter financial results on Tuesday. Snap reported first-quarter revenue of $1.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $1.35 billion according to data from Benzinga Pro.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 1% on Wednesday. The Dow traded down 0.47% to 40,335.51 while the NASDAQ dipped 1.22% to 17,248.37. The S&P 500 also fell, dropping, 0.83% to 5,514.48. Consumer staples shares rose by 0.3% on Wednesday.

Shares of GeneDx Holdings ( NASDAQ: WGS ) were plunging 42.9% as of 11:21 a.m. ET on Wednesday. The steep decline came after the genetic diagnostics company announced its 2025 first-quarter earnings before the market opened.GeneDx reported Q1 revenue of $87.1 million, up 42% year over year.

IRVINE, CA., April 30, 2025 ( GLOBE NEWSWIRE ) -- Clean Energy Technologies, Inc. ( Nasdaq: CETY ) ( the "Company" or "CETY" ) .

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