CAVA stock jumps 25% as CAVA Group outlook lifts fast-casual mood
CAVA Group, Inc. surged roughly 25% to $84.88 in afternoon trade on Wednesday. Shares kicked off at $78.99, with the session’s range running from $77.94 up to $85.62.
Brent crude price slips on big U.S. stock build as Iran talks and OPEC+ loom
Brent crude futures edged down on Wednesday, pressured by a U.S. government report showing crude inventories jumped much more than markets expected, dampening appetite sparked by Middle East tensions. Brent dropped 12 cents to $70.65 a barrel as of 1607 GMT. U.S. West Texas Intermediate slipped 26 cents, settling at $65.37. The Energy Information Administration posted a 16 million-barrel increase—analysts had looked for just 1.5 million. UBS's Giovanni Staunovo called the data “a bearish report,” though he noted the hit to prices was muted.
Nvidia stock climbs ahead of earnings as AMD-Meta deal keeps AI chip stocks in play
Nvidia jumped 2.2% on Wednesday, lifting AI names and sending the Nasdaq to a two-week high as the market eyed the chip giant’s quarterly numbers due after the bell. By 11:44 a.m. ET, the Nasdaq had gained 1.07%, the S&P 500 moved up 0.67%, and the Philadelphia semiconductor index notched a record. S&P tech climbed 1.7%. Options priced in a roughly 5.6% post-earnings swing. “The lack of new news helped to stabilize markets globally,” BNY’s Bob Savage said, with traders also watching for results from Salesforce and Snowflake later in the day.
Natural gas prices rebound as LNG export demand stays strong, storage report looms
U.S. natural gas futures ticked higher Wednesday, lifted by almost record-setting flows to LNG export facilities and a jump in next week's demand projections compared to what traders saw the previous day. March contracts gained 3.8 cents, or 1.3%, settling at $2.953 per million British thermal units.
Oil prices dip after surprise U.S. stock build as Brent, WTI juggle Iran talks and OPEC+ supply
Oil prices turned lower on Wednesday, pushed down after U.S. government numbers showed crude inventories jumped far more than analysts had forecast, outweighing any upside from fresh U.S.-Iran friction. Brent slipped 12 cents to $70.65 a barrel as of 11:16 a.m. ET, a 0.2% drop. U.S. West Texas Intermediate fell 26 cents, or 0.4%, trading at $65.37. “The oil market remains more influenced by other factors at present, such as geopolitical tensions in the Middle East,” UBS commodity analyst Giovanni Staunovo said.
Bitcoin price today: BTC jumps above $69,000 as ETF inflows flip positive
Bitcoin jumped roughly 7.8% Wednesday, landing at $69,339 after dipping as low as $63,878 earlier in the session. The move put the token back near a threshold that's proved tough to maintain this month.
Dow Jones today: DJIA rises 300 points with Nvidia earnings in the crosshairs
In early afternoon trade Wednesday, the Dow Jones Industrial Average climbed 307.8 points, or 0.6%, to 49,482.3. The S&P 500 picked up 0.8%, while the Nasdaq Composite outpaced both, rising 1.2%.
Gold price today: Bullion tops $5,200 as tariff worries and Iran tensions drive safe-haven bids
Gold advanced Wednesday as investors sought cover amid concerns that fresh U.S. tariffs might stoke inflation again, and with Washington-Tehran tensions rattling sentiment. Spot gold tracked 1.1% higher at $5,205.14 an ounce as of 11:24 a.m. ET, while U.S. gold futures picked up 0.9% to $5,224.60. Silver took off, up 3.8% at $90.67. Platinum surged 6.5% to $2,308.60, and palladium pushed 2.7% higher to $1,816.26.
Wall Street climbs today as Nvidia earnings drive S&P 500, Nasdaq back to two-week highs
U.S. stocks advanced Wednesday, sending both the S&P 500 and Nasdaq to their highest levels in two weeks, as megacap tech names rallied ahead of Nvidia’s earnings due out later. By 11:44 a.m. ET, the Dow Jones Industrial Average was up 212.40 points, or 0.43%. The S&P 500 gained 46.01, or 0.67%, while the Nasdaq Composite jumped 244.31 points, up 1.07%. Nvidia shares popped 2.2%, helping lift the Philadelphia SE Semiconductor Index to an all-time high. Options markets had been pointing to about a 5.6% swing in Nvidia post-earnings, reflecting bets on volatility. BNY’s Bob Savage described the setup simply: “focus on AI will continue” with the report.
Sensex today: Nifty ends above 25,480 after late fade; IT, metal stocks bounce
Nifty 50 eked out a 0.23% rise to 25,482.50 on Wednesday, while Sensex edged up just 0.06% to close at 82,276.07. Gains in IT and metals did the heavy lifting, even as Reliance Industries slipped 2.1% and late-session buying sputtered. “Investors will stay cautious because AI’s impact on earnings growth and margins remains uncertain,” said Amnish Aggarwal of PL Capital.
Accenture stock price sinks to new 52-week low as OpenAI tie-up, deals fail to steady ACN shares
Accenture plc dropped 2.3% to $192.13 by midday Wednesday in New York, scraping a new 52-week low at $188.74 earlier. S&P 500, meanwhile, added roughly 0.7% during the session.
CoreWeave stock ticks up as Bloomberg flags $8.5B Meta-backed loan talks ahead of earnings
Shares of CoreWeave traded up 0.87% at $100.16 as of 11:43 a.m. ET on Wednesday, following a Bloomberg News report that the AI cloud firm is looking to secure roughly $8.5 billion in bank loans, with contracts from Meta Platforms pledged as collateral.
PayPal stock turns choppy after Stripe takeover talk — what traders watch next (PYPL)
PayPal slipped 0.5% to $46.77 as of midday Wednesday, cooling off after Tuesday’s rally, which had drawn deal-hunters back to the stock.
Robinhood stock price jumps nearly 6% as private-markets fund debut nears
Robinhood Markets climbed 5.8% to $77.64 on Wednesday, building on its rebound from Tuesday’s $73.39 finish. Shares moved in a range from $74.64 to $77.70 through the session.
Axon stock price jumps 22% as strong results fuel AI-led growth hopes; next catalyst in April
Axon Enterprise, Inc. jumped 22% to $540.04 late Wednesday, building on gains sparked by its recent quarterly results. The shares opened at $498.43 and have so far swung between $498.30 and $551.97.
Corning stock spikes to fresh highs after Citi lifts target to $170 ahead of OFC
Shares of Corning Incorporated surged over 5% Wednesday, reaching a new high and pushing the company further into the market’s AI infrastructure spotlight. The stock rose 5.3% to $159.57, with an intraday peak at $160.76.
Oracle stock jumps after Oppenheimer upgrade — what’s next for ORCL
Oracle climbed 3.2% to $150.87 late Wednesday morning, buoyed by a Wall Street upgrade that offered some relief to a stock that's seen plenty of turbulence this year.
Salesforce (CRM) stock price today: shares rise ahead of earnings as traders brace for a big move
Shares of Salesforce, Inc. picked up close to 2%, reaching $189.26 on Wednesday while traders set up ahead of the company’s quarterly results after the bell. The stock swung from $182.26 to $191.26 during the session, still hovering near the bottom of its 52-week range.
Intel stock price dips after SambaNova AI partnership pop — what to watch next
Intel slipped around 0.9% to $45.70 on Wednesday, giving back some of the previous session’s 5.7% rally.
Netflix stock jumps nearly 5% as Warner bidding war heats up — the next catalyst traders are watching
Netflix, Inc. climbed nearly 5% to $81.92 during Wednesday's morning session, with a brief spike to $82.30 as traders weighed the impact of the Warner Bros Discovery takeover fight—an episode that might push the streaming giant to reconsider its bid. The Nasdaq Composite added around 0.9%.
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