Major Indexes Experience Minor Weekly Declines
34 minutes ago
Despite reaching record highs this week, prominent stock indexes recorded losses amidst renewed concerns regarding trade policies and their potential impact on the U.S. economy.
The Dow Jones Industrial Average fell by 1% this week, while the S&P 500 and Nasdaq Composite decreased by 0.3% and 0.1%, respectively. This week marked the end of three-week winning streaks for both the Dow and Nasdaq, while the S&P 500 experienced its first decline in three weeks.
In 2025 to date, the S&P 500 and Nasdaq have risen by 6.4% and 6.6%, respectively, compared to a 4.3% increase in the Dow.
Airline Stocks Rebound After Delta’s Positive Earnings
53 minutes ago
Following a spike in airline stocks after Delta’s latest strong financial results, shares have taken a slight downturn today. Nevertheless, some analysts predict continued positive momentum for the sector.
The Jets ETF, which includes various airline stocks, declined over 2% today after a better-than-7% surge yesterday. Delta Air Lines, American Airlines, and United Airlines, which all saw double-digit increases yesterday, experienced declines today. United’s stock fell approximately 4%, making it one of the largest decliners in the S&P 500.
Analysts from Morgan Stanley remarked that Delta’s positive outlook acted as a catalyst, prompting investors to re-enter the market.
AMC Shares Surge After Upgrade from Wedbush
2 hours ago
AMC Entertainment Holdings saw its shares jump nearly 10% today following an upgrade by Wedbush Securities, which suggested the movie theater chain is set to benefit from an upcoming slate of significant releases.
The upgrade shifted AMC’s rating from “neutral” to “outperform,” as the company is expected to gain market share in the coming years. Although AMC shares remain down about 17% year-to-date, Wedbush’s price target of $4 indicates a 33% upside from yesterday’s close.
Kraft Heinz Stock Rises Amid Break-Up Speculations
2 hours 14 minutes ago
Kraft Heinz shares gained traction following reports suggesting the company may consider a break-up, potentially undoing a significant merger from a decade ago.
As one of the world’s leading food producers, Kraft Heinz may soon spin off part of its grocery segment. Its stock has risen nearly 2% today, following a year-to-date dip of over 11% before this news.
AMD Stock Gains Amid Optimism for AI Chip Market
3 hours 35 minutes ago
Following a surge yesterday, Advanced Micro Devices (AMD) stock rose again today, buoyed by analysts’ reports on its latest AI chips potentially rivaling offerings from Nvidia.
AMD shares have increased by 22% since the start of this year, although they still trail Nvidia’s performance over the past year. Investors should monitor key price levels for future trading.
AeroVironment and Kratos Benefit from Pentagon Drone Initiative
4 hours 9 minutes ago
Military drone manufacturers AeroVironment and Kratos Defense & Security Solutions saw their stocks rise significantly following the Pentagon’s announcement of a new push towards U.S. drone production.
The announcement aimed to boost domestic manufacturing capabilities, leading to Kratos shares climbing by 12% to a 19-year high. AeroVironment also experienced gains, recovering from a temporary setback following its recent stock and debt announcement.