CoreWeave plummeted 10% as Thursday’s bounce proved short-lived, with investors concerned about the potential impact of higher interest rates on the heavily indebted company. Moog surged more than 4% after Morgan Stanley upgraded the stock to overweight with a price target raised to $448, implying roughly 23% upside. J.B. Hunt slipped 3% despite revenue of $3.68 billion beating estimates, as adjusted EPS of $1.82 missed the $1.89 consensus. Alcoa gained more than 6% on better-than-expected quarterly results helped by a rebound in its alumina business. Netflix fell 2% after announcing the departure of Chief Content Officer Bela Bajaria, replaced by former Disney executive Peter Rice, alongside plans to cut roughly 1,000 jobs.
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