01:41 PM EDT, 08/01/2025 (MT Newswires) -- Eastman Chemical ( EMN ) shares fell 21% amid heavy trading after UBS and Mizuho cut Eastman's price targets following the company's Q2 results that missed market expectations.

More than 4.61 million shares traded intraday, compared with a daily average of over 1.78 million.

Coinbase Global ( COIN ) reported Q2 adjusted earnings that decreased sharply year-over-year and fell short of analyst expectations.

Shares slumped 16%, with intraday trading volume surging to over 21.4 million from a daily average of about 14.7 million.

Amazon's ( AMZN ) cautious tone regarding its web services business in Q2 results has overshadowed its retail strength, according to an Oppenheimer note Friday.

"Investors frustrated with lack of positive 2H25 AWS commentary, as capacity issues will persist until at least year-end," the note said.

Shares slumped 8.5%, with intraday trading volume surging to over 82 million from a daily average of more than 41.7 million.

Price: 57.44, Change: -15.17, Percent Change: -20.89