Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Hershey's $1.7B Rally on Cocoa Margin Hopes Faces Weather Risk
Hershey shares surged 4.9% to $179.27, adding $1.7 billion in value, as investors bet on margin recovery from lower cocoa costs. However, rising cocoa prices due to Ivory Coast weather risks threaten the rebound.
Infosys stock plunge drives Nifty IT index to 3-week low
Infosys shares fell 3.39% Tuesday, contributing about 40% of Nifty IT's 2.23% drop, as weak demand and Accenture's outlook drag the index down 13% in three weeks.
Novo Nordisk B Shares Surge on South African Court Ruling Against Compounder
Novo Nordisk B shares surged 9.9% in three sessions after a South African court halted iDexis from supplying compounded semaglutide, potentially shifting demand to Novo.
Qualcomm Drops 8%, $19B Wiped Out Amid AI Acquisition Rumors
Qualcomm stock dropped 8%, erasing $19 billion in value, amid reports of potential AI deals worth up to $14 billion and ahead of a key investor meeting.
Archer Aviation (ACHR) Slips on Thin Revenue, Heavy Losses
Archer Aviation shares dropped 3.3% to $5.25, near a 52-week low, after Q1 revenue of $1.6 million—mainly from leases—fell short, while operating expenses surged to $256.2 million and net loss widened to $217.7 million.
Bank of America Hits Record High on Hawkish Fed Rate Forecast
Bank of America shares closed at a record $57.91, boosted by BofA Global Research's hawkish Fed rate hike forecast of 75 basis points and a Citi price target upgrade to $66.
Walmart Gains $18B Amid Staples Shift, Vibe.co Deal in Focus
Walmart shares jumped 1.9%, adding $17.8B, as investors rotated into consumer staples. The Vibe.co deal contributed little to the gain.
Opendoor Shares Slip on Russell 3000 Inclusion and Dilution Fears
Opendoor shares dropped 1.9% as the company prepares for Russell 3000 index inclusion, with investors concerned about dilution from convertible notes and anti-dilutive securities.
Trump Administration Unveils $17.5B Nuclear Loan Plan to Power AI Boom
The Trump administration announced $17.5 billion in conditional loans to accelerate orders for 10 Westinghouse AP1000 nuclear reactors, aiming to meet surging U.S. electricity demand from AI and data centers.
Dow Holds Ground as Tech Selloff Deepens on AI and Rate Concerns
The Dow ended nearly flat while the S&P 500 and Nasdaq slumped, led by a 7.6% plunge in the Philadelphia Semiconductor Index, as AI spending uncertainty and rising rate hike bets hit tech stocks. Markets await Micron earnings and PCE inflation data.