Cupertino, CA – October 1, 2025 – Apple's (NASDAQ: AAPL) strategic integration of OpenAI's advanced ChatGPT into its iOS ecosystem, a cornerstone of its "Apple Intelligence" initiative, continues to send ripples across the global technology landscape. This bold move, designed to supercharge Siri and imbue Apple's vast array of devices with cutting-edge
October 1, 2025 – The burgeoning field of quantum computing has taken significant strides forward with recent breakthroughs from MicroCloud Hologram Inc., a subsidiary of WiMi Hologram Cloud (NASDAQ: WIMI), in quantum link efficiency optimization, and its parent company, WiMi Hologram Cloud (NASDAQ: WIMI), in quantum-assisted data clustering. These innovations, announced
This article reflects on the U.S. government being technically shut down, rising distrust in the dollar, and soaring precious metals. As macro data pauses, earnings reports may become the only real market signals.
Shares of Plug Power Inc (NASDAQ: PLUG) continued their powerful rally Wednesday, fueled by ongoing excitement around artificial intelligence and an operational update. The hydrogen energy company's stock has surged over 88% in the past month.
Strategy informed the SEC that Treasury and the IRS will permit companies to disregard unrealized crypto gains and losses when calculating AFSI for the 15% CAMT.
Let's delve into the developments on the US markets in the middle of the day on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Dogecoin (CRYPTO: DOGE) is up over 7% to near $0.2445 on Wednesday as it broke above a key resistance zone, with spot flows recording the largest net inflows in weeks.
Shares of Tempus AI Inc (NASDAQ: TEM) are trading higher Wednesday, potentially building on momentum from last week given the lack of company-specific news. Here's what investors need to know.
Electric vehicle sales in the quarter hit a fresh record of 66,501 units as customers rushed to make their EV purchase before the expiry of the federal tax credit of $7,500 on Sept. 30.
Stay up-to-date with the latest market trends in the middle of the day on Wednesday. Explore the top gainers and losers during today's session in our detailed report.
Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged stoppage that could further strain an already fragile economy.
Shares of Rezolve Ai PLC (NASDAQ: RZLV) are up Wednesday after the company raised guidance for two key financial metrics and announced that it beat analyst expectations for the first half of 2025.
Shares of aerospace and defense company AeroVironment (NASDAQ:AVAV)
jumped 8% in the afternoon session after the company was selected for a $499 million U.S. Air Force contract and announced enhancements for its Puma LE unmanned aircraft system.
Shares of data streaming platform provider Confluent (NASDAQ:CFLT) fell 0.1% in the afternoon session after the company announced a new multi-year partnership with the Visa Cash App Racing Bulls (VCARB) Formula 1 team.
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) jumped 3.5% in the afternoon session after the company announced a partnership with Ace Hardware to provide 'buy now, pay later' options at participating stores across the U.S.
Shares of marketing technology company Zeta Global (NYSE:ZETA) jumped 2.4% in the afternoon session after the company announced it agreed to acquire Marigold's enterprise software business for up to $325 million, a move that drew positive reactions from analysts. This acquisition was expected to add new capabilities to Zeta's AI-powered platform, expand its customer base, and extend its reach into international markets. Following the announcement, DA Davidson reiterated its 'Buy' rating on the stock. In a similar show of confidence, an analyst at Needham maintained a 'Buy' rating and increased the price target for Zeta Global's shares to $25.00 from a previous $20.00. The positive analyst sentiment stemmed from the deal's potential to improve Zeta's financial profile and growth prospects.
Shares of aerospace and defense company Mercury Systems (NASDAQ:MRCY)
jumped 3.2% in the afternoon session after RBC Capital upgraded its rating on the company to Outperform from Sector Perform and raised its price target to $90.
As of October 1, 2025, the global oil market presents a nuanced picture of anticipated oversupply, with Brent crude hovering around $65-$66 per barrel and West Texas Intermediate (WTI) in the low $60s. While the prevailing expert consensus leans towards prices remaining below the triple-digit mark in the immediate
Shares of electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) fell 2.5% in the afternoon session after Keybanc downgraded the stock from "Overweight" to "Sector Weight.". The investment bank noted that the electrical contractor's shares had approached its price target, suggesting the stock was now considered fairly valued. This move followed a remarkable run for the stock, which had gained over 102% in the previous year. Despite the rating change, Keybanc acknowledged the company's significant progress, highlighting that MYR Group had successfully overcome project execution challenges from about a year ago. The firm expressed a positive view of the company's operational improvements but determined the current share price adequately reflected its business performance and outlook.
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 1.8% in the afternoon session after the company announced it completed its $14.2 billion acquisition of Mr. Cooper Group, uniting the country's largest home loan originator with the largest mortgage servicer.
Shares of equipment rental company Herc Holdings (NYSE:HRI) jumped 4.6% in the afternoon session after Baird upgraded the stock to 'Outperform' from 'Neutral' and raised its price target. The research firm lifted its price view on Herc to $160 from $137. This decision was based on seeing signs that the equipment rental industry was stabilizing, a trend expected to last into 2026. The analyst, Mircea Dobre, also pointed out that Herc's efforts to manage costs and its fleet after the H&E acquisition were improving the company's prospects. These factors were expected to help the company gradually reduce its debt, which could increase the value of its stock for investors.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.3% in the afternoon session after investment firm BTIG initiated coverage on the stock with a 'Buy' rating and a $410 price target. The analyst firm pointed to what it called 'underappreciated' growth areas, such as the company's derivatives business and the Base App. The positive news did not stop there, as Coinbase also surpassed $1 billion in bitcoin-backed onchain loans, showing significant growth for the service. Further bolstering investor confidence, new guidance from the SEC's staff allowed state-chartered trust companies, including Coinbase, to act as qualified custodians for crypto assets for investment advisers, clearing up regulatory uncertainty.
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 9.9% in the afternoon session after reports surfaced that OpenAI's ChatGPT was not using the social media platform's data as much as investors had anticipated. Concerns gained traction on the social media platform X, where multiple posts cited data from PromptWatch and Similarweb, suggesting ChatGPT was not heavily drawing on Reddit's content. The market reacted to fears that the company's data licensing partnership was less valuable than previously thought.
Shares of business development company Sixth Street Specialty Lending (NYSE:TSLX) fell 2.4% in the afternoon session after JP Morgan downgraded its rating on the company's stock from Overweight to Neutral. The firm, led by analyst Melissa Wedel, also set a new price target of $24.00 for the shares. An analyst downgrade from a rating like "Overweight" to "Neutral" typically signals a reduced expectation for the stock's performance. It suggests that the analyst no longer believed the stock would outperform the broader market or its sector in the near term. This change in outlook prompted some investors to sell their shares.
Shares of digital banking platform Dave (NASDAQ:DAVE) jumped 1% in the afternoon session after Benchmark reiterated its Buy rating and a $320 price target on the company's stock, while other analysts also raised their price targets. The positive analyst actions followed Dave's second-quarter 2025 results, which were reported to have exceeded expectations. Following the strong earnings, Freedom Capital Markets lifted its price target on the stock to $280, while Citizens JMP increased its target to $300. Benchmark's affirmation of its positive view came despite market concerns about potential credit issues, signaling confidence from the firm in the company's financial health and prospects.
Shares of aviation and defense services provider AAR CORP (NYSE:AIR)
fell 6.8% in the afternoon session after the company announced the pricing of a public offering of 3 million shares of its common stock. The shares were priced at $83.00 each, which represented a 7.4% discount to the stock's last sale price. Such offerings can often lead to a drop in a company's stock price because they increase the total number of shares, which can dilute the value for existing stockholders. AAR expected to receive net proceeds of about $239 million from the sale. The company stated it planned to use the funds to repay outstanding debt and for general corporate purposes, which could include funding future acquisitions.
Shares of biopharmaceutical company Bristol Myers Squibb (NYSE:BMY)
jumped 5.5% in the afternoon session after the U.S. Food and Drug Administration (FDA) granted Fast Track Designation to its experimental antibody, BMS-986446, for the treatment of early Alzheimer's disease. This special status was intended to help speed up the development and review of drugs that treat serious conditions where there is an unmet medical need. The drug candidate, which was in a mid-stage trial, aimed to slow or delay the progression of Alzheimer's. Adding to the positive news, Bristol Myers Squibb also announced it had joined a consortium with other pharmaceutical companies, including Takeda and Astex, to use artificial intelligence to improve the drug discovery process.
Shares of exercise equipment company Peloton (NASDAQ:PTON)
fell 8.7% in the afternoon session after the company announced a major product overhaul focused on artificial intelligence and higher prices, which failed to impress investors. Peloton unveiled a sweeping revamp of its portfolio, introducing an AI and computer vision system called Peloton IQ for personalized guidance. The relaunch also included new products and significant price increases across its equipment and monthly membership fees. For instance, the Bike+ price went up by $200, the base treadmill model increased by $300, and the Tread+ saw a $700 price hike. The monthly membership cost also rose by $5. While the stock saw a brief climb in pre-market trading following the news, the gains reversed sharply after the market opened, indicating that investors were ultimately unimpressed with the company's new strategy.
Shares of cloud communications provider RingCentral (NYSE:RNG) jumped 0.5% in the afternoon session after Wells Fargo started coverage of the stock with an 'Equal Weight' rating and a $32.00 price target. The firm cited a "balanced setup" for the communications company. Analysts noted RingCentral could benefit from reduced competition as businesses continued to replace older phone systems. Wells Fargo also highlighted that the company's "low multiple helps the story" as it works on migrations and potential artificial intelligence features for existing customers. Despite these positive points, the bank expressed caution about RingCentral's heavy focus on voice products, which could limit growth without a better economy. While the firm's valuation was viewed as low compared to its peers, Wells Fargo stated it was "awaiting clearer signs of momentum before becoming more constructive.".
Shares of packaged foods company Conagra Brands (NYSE:CAG)
jumped 4% in the afternoon session after the company reported third-quarter revenue that topped Wall Street estimates, while earnings were in line with expectations. For the third quarter of calendar year 2025, Conagra's revenue fell 5.8% year-over-year to $2.63 billion, but this figure beat analysts' forecasts of $2.61 billion. The result came amid a challenging environment, as sales volumes fell 1.2%. The company's GAAP earnings per share of $0.34 matched consensus estimates but represented a significant drop from $0.97 in the same quarter last year. Despite the mixed results, investors reacted positively to the revenue and organic growth beats, suggesting relief that the performance was better than feared given the difficult consumer backdrop.
