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Markets stumbled again on Monday after an extended rally from the selloff incurred by Trump's tariffs.

Medical technology company Inspire Medical Systems (NYSE:INSP) announced better-than-expected revenue in Q1 CY2025, with sales up 22.7% year on year to $201.3 million. The company expects the full year’s revenue to be around $947.5 million, close to analysts’ estimates. Its GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.

US stocks slid Monday and a historic rally for the S&P 500 lost steam as Wall Street awaited potential developments in trade negotiations between the United States and other countries.

Shares of healthcare services company Sotera Health (NASDAQ:) jumped 5.9% in the pre-market session after Goldman Sachs analyst Matthew Sykes upgraded the stock from Neutral to Buy and raised the price target from $14 to $17. Sykes emphasized that SHC's consistent exposure to the commercial pharmaceutical and medical device sectors, both of which are considered essential and relatively insulated from economic cycles, positions the company as a more compelling investment amid growing macroeconomi

Shares of analog chips maker onsemi (NASDAQ:ON) fell 8% in the afternoon session after the company posted underwhelming results for the first quarter of 2025, with sales down 22% from the previous year. Each of its main business lines (power, analog, and sensing) saw big drops. Another concern was the big hit to profit margins due to write-downs on stock and factory assets. Even though sales tumbled, the firm still beat earnings forecasts. For next quarter, the company expects sales to stay flat

Shares of cloud communications infrastructure company Twilio (NYSE:TWLO) jumped 5.6% in the afternoon session after HSBC upgraded the stock from Sell to Hold and raised the price target from $77 to $99. Following TWLO's Q1 2025 earnings, the firm highlighted "signs of revenue growth revival.".

Onsemi shares tumbled Monday after the maker of power and sensing technology chips reported a big drop in sales and warned about pricing as it dealt with a “challenging macroeconomic environment.”