Stocks Slip Amid Recession Worries, Apple's Price Action Signals Market Rest.
Mobileye's shares fell 5% after an Intel subsidiary announced a secondary offering of 35 million Class A shares. Epam Systems fell 2.9% after posting Q2 earnings and revenue guidance below analysts' expectations and lowering its full-year guidance. Thor Industries surged nearly 10% after reporting an earnings and revenue beat and raising its full-year guidance. GitLab's shares surged nearly 30% after reporting a smaller-than-expected loss for Q1. Apple's shares dipped less than 1% after releasing its Vision Pro mixed reality headset.
