HP, Dell Autodesk, Autodesk & More: Stocks that are moving now

The Key Takeaways

• U.S. shares were down by midday on Friday, just before the holiday of Thanksgiving. The drop was due to some disappointing reports about earnings for big technology companies.
• HP and Dell Technologies warn about the future demand for PCs.
• Urban Outfitters posted strong revenue on sales of its Anthropologie brand's clothing.

The U.S. stock market fell at noon on Thanksgiving Day as disappointing earnings from major tech companies led to a drop in the stocks. The Nasdaq lost 1%, and the Dow Jones Industrial Average and S&P 500 fell as well.

Both HP (HPQ), and Dell Technologies(DELL), both PC manufacturers, warned of a market decline ahead.

Autodesk shares (ADSK) fell sharply after the company announced it had a new CFO.

Shares of Workday, a human resource software company, fell after the firm predicted lower-than-expected revenue for its subscription services.

Urban Outfitters’ (URBN), shares soared after the Anthropologie clothing brand drove better than expected sales.

Unusual Machines shares (UMAC), a drone-maker, soared when Donald Trump Jr. joined its advisory board.

MicroStrategy Inc. (MSTR), which is the world’s largest bitcoin corporate shareholder, saw its shares rise.

Crude oil futures fell. Gold prices increased. The 10-year Treasury yield declined. The U.S. currency lost out to the pound, euro and yen. 

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