The major US indices are moving to the downside led by the NASDAQ index which is currently down -1.33%. The S&P is down -0.75% the Dow industrial average is down -0.11%.
The declines are led by Chipotle and Meta which reported disappointing earnings. For Meta the market about their costs as a goal and with AI initiatives.
Below are our list of some of the major companies down more than 3.5% at the open:
Chipotle Mexican Grill (CMG): -18.69%
Meta Platforms (META): -11.95%
Stellantis NV (STLA): -10.39%
Roblox (RBLX): -10.00%
Oracle (ORCL): -3.91%
Robinhood Markets (HOOD): -3.89%
Boeing (BA): -3.65%
MicroStrategy (MSTR): -3.61%
Alibaba ADR (BABA): -3.15%
Broadcom (AVGO): -3.08%
Nebius NV (NBIS): -5.87%
SoFi Technologies (SOFI): -4.01%
Rivian Automotive (RIVN): -3.61%
After close today, Amazon and Apple reported earnings
