$26.530
+0.740 (+2.79%)At close
RARE News
RARE Events
Major Averages Close Sharply Higher, Nasdaq Up 1.40%
The major averages closed sharply higher as Treasury yields pulled back after Federal Reserve Governor Christopher Waller said he would be "inclined to support" maintaining interest rates where they are, barring any major development from upcoming inflation data.Meanwhile, the war between the U.S. and Iran featured new attacks around the Persian Gulf, pushing crude oil prices up about 1%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:NvidiaHugging Face for $12.9BBroadcomreportedand provided its outlook for Q4 and FY27HP Enterpriseprovided areport for Q3Snowflakealso provided areport for Q2Campbell'sreportedand reduced its quarterly dividend2. WALL STREET CALLS:Modernato Sell from Neutral at Rothschild & Co RedburnBroadcomto Outperform at MacquarieUltragenyxby at least seven firms after Angelman syndrome study missEnvistato Overweight at JPMorganPG&Eto Hold at Truist3. AROUND THE WEB:Thinking Machines Lab, the AI developer led by ex-OpenAI chief technology officer Mira Murati, is in talks to raise at least $1B at a valuation of at least $40B before the investment, The Information reportsAmazonis projecting that it could deliver nine out of every 10 U.S. packages through its own delivery network by 2029, Business Insider reportsSamsung Life is seeking to acquire a 15% stake in Principal Financial, Korea Economic Daily saysActivist Elliott Investment Management has built a "sizeable" stake in Deutsche Telekomand is said to oppose a potential merger of the German telecommunications giant with its American unit, T-Mobile, Bloomberg saysGlobal companies including Volkswagen, Tesla, Nokiaand Amazonhave named businesses blacklisted by western authorities as potentially present in their supply chains, FT reports4. MOVERS:Currence Capitalgained in New York afterwith Mint Incorporationto support the issuer-sponsored tokenizationGalaxy Digitalincreased after Morgan Stanleyon the stock to $48Circle Internetwas higher after president Heath Tarbert testified before the House Financial Services Committee to recommend aCienawas lower after, providing guidance for Q4, and raising its outlook for FY26Trip.comfell in New York after HSBCthe stock to Hold5. EARNINGS/GUIDANCE:Tyson Foodscut itsToro Companiesand raised its outlook for FY26Land's Endand provided guidance for Q3 and FY26Wileyand reaffirmed its outlook for FY27Victoria's Secretand raised its outlook for FY26, with CEO Hillary Super calling it "another strong quarter"INDEXES:The Dow rose 624.16, or 1.18%, to 53,686.11, the Nasdaq gained 366.23, or 1.40%, to 26,584.06, and the S&P 500 advanced 81.11, or 1.06%, to 7,747.71.
Ultragenyx Stock Drops 44% to $14.86
Ultragenyx is down -44.0%, or -$11.67 to $14.86.
Major Averages Surge at Noon, Nasdaq Up 1.34%
The major averages were sharply higher near noon as Treasury yields pulled back after Federal Reserve Governor Christopher Waller said he would be "inclined to support" maintaining interest rates where they are, barring any major development from upcoming inflation data.Meanwhile, geopolitical tensions in the Middle East remain, as the war between the U.S. and Iran featured new attacks around the Persian Gulf, pushing crude prices higher. Oil prices were up about 1% near noon.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:NvidiaHugging Face for $12.9BBroadcomreportedand provided its outlook for Q4 and FY27HP Enterpriseprovided areport for Q3Snowflakealso provided areport for Q2Campbell'sreportedand reduced its quarterly dividend2. WALL STREET CALLS:Modernato Sell from Neutral at Rothschild & Co RedburnBroadcomto Outperform at MacquarieUltragenyxby at least seven firms after Angelman syndrome study missEnvistato Overweight at JPMorganPG&Eto Hold at Truist3. AROUND THE WEB:Amazonis projecting that it could deliver nine out of every 10 U.S. packages through its own delivery network by 2029, Business Insider reportsSamsung Life is seeking to acquire a 15% stake in Principal Financial, Korea Economic Daily saysActivist Elliott Investment Management has built a "sizeable" stake in Deutsche Telekomand is said to oppose a potential merger of the German telecommunications giant with its American unit, T-Mobile, Bloomberg saysGlobal companies including Volkswagen, Tesla, Nokiaand Amazonhave named businesses blacklisted by western authorities as potentially present in their supply chains, FT reportsThe Trump administration implemented tariffs of up to 100% on drones as it seeks to hinder the Chinese drone industry and bolster domestic manufacturing, NY Times says4. MOVERS:Currence Capitalgains in New York afterwith Mint Incorporationto support the issuer-sponsored tokenizationGalaxy Digitalincreases after Morgan Stanleyon the stock to $48Cienalower after, providing guidance for Q4, and raising its outlook for FY26Trip.comfalls in New York after HSBCthe stock to HoldFluence Energydeclines after Barclaysthe stock to Underweight5. EARNINGS/GUIDANCE:Tyson Foodsfor FY26Toro Companiesand raised its outlook for FY26Land's End (LE)and provided guidance for Q3 and FY26Wileyand reaffirmed its outlook for FY27Victoria's Secretand raised its outlook for FY26, with CEO Hillary Super calling it "another strong quarter"INDEXES:Near midday, the Dow was up 608.57, or 1.15%, to 53,670.52, the Nasdaq was up 351.36, or 1.34%, to 26,569.18, and the S&P 500 was up 75.35,or 0.98%, to 7,741.95.
Ultragenyx Shares Drop 44.6% to $14.70
Ultragenyx is down -44.6%, or -$11.83 to $14.70.
Stock Futures Slightly Higher Amid High Oil Prices
Stock futures are slightly higher as investors balance easing Treasury yields against renewed geopolitical tensions in the Middle East and elevated oil prices.The conflict involving the U.S. and Iran featured new attacks around the Persian Gulf, pushing crude prices sharply higher. Oil has since pulled back from its overnight highs, but Brent remains around $95-$97 a barrel and WTI around $91-$93, keeping inflation concerns firmly in focus.The 10-year Treasury yield has slipped after approaching multi-year highs, while the dollar has also weakened. Lower yields are helping support equities, particularly growth and technology stocks, although the market remains highly sensitive to additional moves in oil.In pre-market trading, S&P 500 futures rose 0.18%, Nasdaq futures rose 0.01% and Dow futures rose 0.45%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Principal Financialup 5% after Korea Economic DailySamsung Life is seeking to acquire a 15% stake in the companyUP AFTER EARNINGS -Snowflakeup 24%Netskopeup 13%Duluth Holdingsup 11%Genescoup 7%Five Belowup 5%Cienaup 2%DOWN AFTER EARNINGS -Victoria's Secretdown 16%Campbell'sdown 6%HPEdown 4%Broadcomdown 3%Wileydown 2%LOWER -Ultragenyxdown 46% after reporting its Phase 3 Aspire study for apazunersen in Angelman syndrome did not achieve the primary endpointAdvasa Holdingsdown 11% after Katharyn Field formally resigned her position as CFOModernadown 2% after Rothschild & Co Redburn downgraded the stock to Sell from Neutral with a price target of $81, up from $40
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.