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S&P 500 Gains and Losses Today: Paramount Surges Amid Deal Buzz, Apple Rises as iPhone 17 Goes on Sale
Investopedia· 2025-09-20 05:30
The buzz reheated Friday around a possible media mega-merger, helping lift shares of the companies involved, while a report from a short seller sent shares of a medical device manufacturer sharply low... ...
How Much Should Investors Read Into the Nvidia-Intel Deal? Here's What Analysts Think
Investopedia· 2025-09-20 05:20
Some investors reacted strongly—and quickly—to Nvidia's $5 billion investment in Intel, fearing stiffer competition for Arm and Advanced Micro Devices. Those initial worries appear to have subsided, b... ...
Scholastic Stock Plunges as Uncertainty Over Government School Funding Hurts Results
Investopedia· 2025-09-20 00:10
Scholastic (SCHL) shares sank Friday after the children's books publisher reported a quarterly loss as schools pulled back on spending because of uncertainty over government funding. ...
FedEx Stock Pops as Shipping Giant Reinstates Its Full-Year Outlook
Investopedia· 2025-09-19 06:00
FedEx said it expects 4% to 6% revenue growth this fiscal year, above analysts' estimates as compiled by Visible Alpha. Its forecast for adjusted earnings per share, a range of $17.20 to $19, was roughly in line with projections at the midpoint. FedEx also said it's on track to reduce costs by $1 billion in fiscal 2026 and spin off its freight business by next June, The company logged stronger-than-expected results in its fiscal first quarter. It posted adjusted earnings per share of $3.83 on revenue that c ...
S&P 500 Gains & Losses Today: Intel Stock Jumps After Nvidia Buys Stake; FactSet Falls
Investopedia· 2025-09-19 05:00
News of a deal with Nvidia sent shares of Intel flying on Thursday. Zeng Yu / VCG via Getty Images Close Key Takeaways The announcement of a major investment from and partnership with an artificial intelligence chip leader helped send shares of a semiconductor giant surging, while a financial data provider faced pressure after a lackluster earnings report. Shares of Intel partner Synopsys (SNPS), a provider of electronic design automation software used in the chipmaking process, jumped 13%. The potential fo ...
Nvidia Just Gave Intel a Vote of Confidence. Will That Keep Intel's Stock Rising?
Investopedia· 2025-09-19 03:40
A $5 billion investment from Nvidia and pledge to co-develop chips for data centers and PCs sent Intel shares soaring Thursday. SOPA Images / Contributor / Getty Images, Bloomberg / Contributor / Getty Images Close Is a deal with AI darling Nvidia enough to win investors over to Intel's stock? A $5 billion investment and a promise to co-develop chips for data centers and PCs from the chip designer at the heart of the AI boom sent Intel (INTC) shares soaring 22% to around $30 Thursday. That brought the st ...
Cracker Barrel Needs to Get People Coming Back. Here's How It's Trying to Do That.
Investopedia· 2025-09-19 02:46
A hotly debated rebrand has depressed sales at Cracker Barrel since mid-August. The restaurant chain is trying to move on. ...
Meta Wants Its Glasses—Not Phones—to Be Your Tool for Using AI Technology
Investopedia· 2025-09-19 01:16
David Paul Morris / Bloomberg via Getty Images Close Meta has been making smart glasses with Ray-Ban and Oakley owner EssilorLuxottica for the past three years. The European eyewear maker said in July that first-half revenue for the earlier generation of RayBan Meta glasses had more than tripled year-over-year. Citi Says Glasses are a 'Natural Extension' of AI The glasses come with a small screen in one lens controlled by a wristband called the Neural Band through small hand movements. The screen can "discr ...
Top Stock Movers Now: Intel, Nvidia, CrowdStrike, Cracker Barrel, and More
Investopedia· 2025-09-19 00:27
Nvidia said it would invest $5 billion in Intel, sending shares of the embattled chipmaker soaring Thursday. Cesc Maymo / Getty Images Close Tech stocks surged in recent trading, pushing the Dow, S&P 500, and Nasdaq to record highs. Intel (INTC) was the best-performing stock in the S&P 500 after Nvidia said it would invest $5 billion in the struggling chipmaker, and the two agreed to co-develop new data center and PC chips. Nvidia (NVDA) shares were up as well. Shares of PayPal (PYPL) and Google-owner Alpha ...