NIKE shares surged, Concentrix dropped, CorMedix fell, Core Scientific rose

From Nasdaq: 2025-06-30 03:19:00

NIKE Inc. (NKE) shares surged 15.2% after reporting Q4 fiscal 2025 earnings of $0.14 per share, beating estimates. Concentrix Corp. (CNXC) saw a 6.2% drop in shares due to Q2 fiscal 2025 earnings of $2.70 per share, missing expectations. CorMedix Inc. (CRMD) shares fell 16.4% after announcing an $85 million common stock offering. Core Scientific Inc. (CORZ) rose 1.8% amid talks of acquisition by CoreWeave Inc. (CRWV).

Zacks names a top semiconductor stock with massive growth potential, projected to capitalize on the booming demand for AI, ML, and IoT technologies. Global semiconductor manufacturing is expected to grow from $452 billion in 2021 to $803 billion by 2028. This stock offers significant room for growth compared to industry giants like NVIDIA.



Read more at Nasdaq: Company News for Jun 30, 2025