Key S&P 500 Movers from Monday
7 hr 35 min ago
Top Gainers
- Charles River Laboratories (CRL) saw the largest increase among S&P 500 stocks, with a 6.9% rise. This uptick helped recover some of the losses from the previous week’s slump following an FDA announcement of reducing animal testing mandates for monoclonal antibody development.
- Palantir Technologies (PLTR) experienced a 4.6% surge after NATO disclosed its acquisition of an AI-driven military system from Palantir. NATO lauded the speedy procurement process, noting it took just six months from requirement definition to acquisition.
Top Decliners
- Healthcare stocks faced downturns, notably health insurers who retreated from gains made last week after government projections showed higher payments to Medicare insurers for the next year. Humana’s (HUM) shares fell 3.5%, making it the weakest performer in the S&P 500, while UnitedHealth Group (UNH) shares dipped 2.1% ahead of its upcoming earnings report.
- DaVita (DVA), a dialysis provider, revealed it suffered from a ransomware attack that impacted operations. Following the disclosure, DaVita shares fell by 3% on Monday.
Hotel Stock Downgrades by Goldman Sachs
7 hr 57 min ago
Goldman Sachs revised its outlook for U.S. hotels, highlighting weak consumer demand alongside rising economic uncertainty and negative trends within the airline sector.
The firm cut its forecast for U.S. hotels’ average revenue per available room (RevPAR) from 1.4% growth to just 0.4% for 2025. Consequently, Hyatt Hotels (H) received a “sell” rating, while Marriott International (MAR) and Hilton Worldwide (HLT) were downgraded to a “neutral” status.
Goldman noted that its revised outlook does not take into account a potential recession, which could further decrease RevPAR below anticipated levels. Currently, the bank estimates a 45% chance of a recession, acknowledging that previous downturns resulted in significant RevPAR declines.
Nvidia’s AI Supercomputing Plans in the U.S.
8 hr 7 min ago
Nvidia (NVDA) unveiled its intention to manufacture supercomputers in the U.S., with an investment plan totaling up to $500 billion in AI infrastructure over the next four years.
CEO Jensen Huang emphasized that this represents a significant advancement, as U.S. manufacturing capabilities increase to better meet the rising demand for AI technology and reinforce supply chain durability. Nvidia’s manufacturing sites in Texas, developed alongside Foxconn and Wistron, are slated to begin production in the coming 12 to 15 months.
KeyBanc’s Positive Outlook for Apple Following Tariff Exemptions
9 hr 9 min ago
Apple’s stock was upgraded by KeyBanc after the administration exempted electronics like smartphones and computers from new tariffs. Analyst Brandon Nispel considered this a highly favorable scenario for Apple, while noting that with escalating trade war tensions seemingly put to rest, the potential for future declines in stock value appears minimal.
Citi analysts expect a positive impact on Apple’s stocks due to the tariff exemptions but warned that broader economic weakness could still influence sales negatively. Despite the challenges, the stock showed a 2% increase, closing at $202.52.
Ford and GM Shares Rise Amid Tariff Relief Speculations
10 hr 26 min ago
Shares of U.S. automotive manufacturers surged as President Trump hinted at potential relief for car companies from the substantial 25% auto tariffs. Ford shares climbed nearly 5%, while GM shares increased by about 4%. Stellantis saw a solid 6% rise following earlier losses.
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