On this episode of Stock Movers:
- Adidas and Puma shares rallied as a US court blocked many of President Trump's tariffs on imports from dozens of countries. The stocks had slumped in April on concern over tariffs on clothing items imported from Asia.
- Luxury stocks including LVMH gained on hopes that the court ruling on tariffs would benefit demand for high-end goods. That was even as LVMH’s deputy chief executive officer indicated that a slump in demand for luxury items may still have some way to run.
- Auto Trader reported revenue for the full year that missed the average analyst estimate.

Nvidia Rallies, Autodesk Falls, Workday Dips
05:12

Closing Bell Earnings Special: Autodesk, Workday, Ulta Beauty
07:26

Salesforce Jumps on Outlook, HP Falls on PC Demand Concerns, Wendy's Sinks
04:57