Dow Jones today: Index slips as Trump’s 10% credit-card cap hits banks, Powell subpoena clouds the Fed
The Dow Jones Industrial Average slipped roughly 100 points, or 0.2%, near midday. The S&P 500 held steady, and the Nasdaq edged up slightly.
Spotify stock slips as Wall Street digests Fed pressure — CPI and earnings ahead for SPOT
Shares of Spotify Technology S.A. slipped 1.2% to $532.97 by midday Monday, lagging behind a mostly steady market. The S&P 500-tracking SPY ETF edged up 0.1%, while the Nasdaq 100-tracking QQQ ETF gained 0.2%.
Coinbase stock rises as Senate crypto bill fight puts stablecoin rewards back in play
Shares of Coinbase Global Inc rose Monday following a Bloomberg Law report that the crypto exchange is pressing U.S. lawmakers to keep the “rewards” it pays to stablecoin holders. The company might withdraw support for a key market-structure bill if the proposed restrictions become too strict.
Western Digital stock climbs even as Wall Street wobbles — what to know now
Shares of Western Digital climbed 2.1% to $204.76 by midday Monday, bouncing around between $193.35 and $206.37 during a choppy session.
Boeing stock ticks up as investors brace for Tuesday’s delivery report after Airbus update
Boeing shares climbed Monday, building on recent momentum ahead of the company’s annual orders-and-deliveries report set for Tuesday. By midday in New York, the stock had gained roughly 1.4%, trading at $237.72.
Chevron stock edges up as U.S. flags Venezuela sanctions move; oil prices keep investors cautious
Chevron shares ticked up 0.4% to $162.69 in midday trading Monday, following comments from U.S. Treasury Secretary Scott Bessent that additional sanctions on Venezuela could be eased “as soon as next week” to boost oil exports. “We’re de-sanctioning the oil that’s going to be sold,” Bessent said.
Lumentum stock drops 5% in late morning trade as AI optics bets cool ahead of earnings
Lumentum Holdings shares dropped 5.4% to $332.28 in late-morning trading Monday, lagging behind a mostly flat U.S. market. The stock slipped $19.14 from its previous close and earlier dipped as low as $323.24.
Walmart stock jumps on Google Gemini checkout, Wing drones and Nasdaq-100 countdown
Walmart shares jumped 3.3% to $118.36 by late morning Monday, beating a mostly flat market. Investors reacted to new news highlighting AI-powered shopping and quicker delivery options.
Constellation Energy stock dips Monday as Calpine filing details put share supply back in focus
Constellation Energy shares slipped 1.6% to $336.87 in late Monday morning trading, following a Friday close of $342.52.
Robinhood (HOOD) stock jumps as bitcoin climbs; traders eye earnings and fresh scrutiny on event contracts
Shares of Robinhood Markets, Inc. climbed 3.6% to $119.38 on Monday, bouncing back after an early slump and adding to a volatile start for the retail trading platform’s stock this week.
JPMorgan Chase stock slides as Trump’s 10% credit-card rate cap talk hits banks before earnings
JPMorgan Chase & Co shares fell on Monday as traders sold bank stocks after President Donald Trump called for a one-year cap on credit card interest rates. JPMorgan was down $6.60, or about 2%, at $322.59 in late morning trading.
AST SpaceMobile stock slips in volatile trade as ASTS investors eye next launch steps and earnings
Shares of AST SpaceMobile, Inc. dropped 1.9% to close at $95.81 on Monday, bouncing between $93.89 and $101.11 amid choppy trading.
Vistra stock jumps as VST taps debt markets; analysts recalibrate after Meta nuclear pact
Shares of Vistra Corp jumped Monday after the power producer announced a private offering of senior secured notes due in 2031 and 2036. The debt, backed by collateral, is intended to help finance its planned acquisition of Cogentrix Energy, along with other corporate needs like debt repayment. The company did not reveal the size of the offering. By 11:13 a.m. ET, the stock had gained 4.7% to $174.24, while the S&P 500 held steady.
Revolution Medicines stock slips as Truist sticks to $99 target with Merck buyout talk in focus
Shares of Revolution Medicines slipped around 1.8% to $116.51 in early Monday trading, pulling back from a 52-week peak amid fresh analyst notes following a rollercoaster week of takeover rumors. The stock fluctuated between $113.47 and $119.58 during the session, pegging the company’s market cap at about $23 billion.
Costco stock rises as Wall Street wobbles — what to watch before CPI and Costco events
Costco Wholesale Corporation shares climbed roughly 1.4% to $937.80 by late morning on Monday, hitting that price as a session high. The stock had started the day at $920.00.
XRP price drifts near $2 as crypto fund outflows grow and ETF filings shift the backdrop
XRP slipped about 0.5% on Monday, settling near $2.09. The token remains trapped in a tight range, leaving both bulls and bears frustrated.
AMD stock jumps as Bernstein stays cautious on chipmaker and Wall Street frets Fed fight
Shares of Advanced Micro Devices were up 2.6% at $208.44 by 10:31 a.m. EST on Monday, even as the Nasdaq 100 tracker dipped slightly. The stock traded between $200.00 and $208.44.
Strategy Inc stock ticks higher after $1.25 billion bitcoin buy funded by fresh share sales
Strategy Inc’s shares inched up 0.2% to $157.64 Monday morning following the company’s announcement that it tapped new share sales to finance another sizable bitcoin acquisition.
Applied Materials stock rises on Susquehanna upgrade as chip gear spending call widens
Applied Materials shares climbed Monday following a more optimistic call from Susquehanna. The firm upgraded the chip-equipment maker to positive from neutral, citing an anticipated surge in factory spending across the industry. https://www.tipranks.com/news/the-fly/applied-materials-upgraded-to-positive-from-neutral-at-susquehanna-thefly-2
Eli Lilly stock edges up as $1 billion Nvidia AI lab plan hits JPM spotlight
Eli Lilly’s stock climbed in early trading Monday following the announcement that the drugmaker and Nvidia plan to invest roughly $1 billion over five years in a joint research lab focused on accelerating drug discovery.
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