Stocks finish in the red, causing S&P 500 and Nasdaq to incur weekly losses due to tech sell-off.

### Live Finance Updates: Biggest S&P 500 Movers, Bitcoin Surges, and More

Here is an engaging news story on the topic “Biggest S&P 500 Movers on Friday”:

The stock market witnessed some major movements on Friday, with several companies making significant gains and losses in the S&P 500 index. Here are the highlights of the biggest movers:

1. **Decliners:**
– **CrowdStrike Holdings (CRWD):** The cybersecurity firm took a hit after a defective software update caused widespread outages in major cloud computing platforms. Shares of CrowdStrike plummeted by 11.1%, affecting operations for airlines, health care facilities, and financial institutions.
– **W.R. Berkley (WRB):** The commercial lines insurance firm saw its shares drop by 8.3% as it could face business interruption insurance claims due to the CrowdStrike outage.
– **Travelers Companies (TRV):** Shares declined by 7.8% after the company’s second-quarter earnings report fell short of analyst estimates, citing increased catastrophe losses and investment losses.

2. **Advancers:**
– **Intuitive Surgical (ISRG):** The manufacturer of robotic medical devices saw its shares soar by 9.3% to a record high after surpassing sales and profit forecasts with its second-quarter results, driven by strong demand for its da Vinci robotic surgical device.
– **Starbucks (SBUX):** Shares jumped by 6.9% after reports of activist investor Elliott Investment Management accumulating a significant position in the company to improve its performance.
– **Huntington Bancshares (HBAN):** Stock advanced by 3.9% after reporting better-than-expected revenue and earnings per share for the second quarter.
– **United Airlines (UAL):** Shares gained 3.3% as the airline recovered losses from the previous session, despite a revenue miss and a muted forecast for the current quarter.

Overall, the market experienced a mix of ups and downs on Friday, reflecting the dynamic nature of the stock market. Investors will be closely watching how these companies continue to perform in the coming days.

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