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Stock Market 15 March 2025 - 9 June 2025
Astera Labs shares surged 11.31% to $417.07 on Thursday and gained 13.6% for the week, ahead of its addition to the Nasdaq-100 on Monday, driven by AI infrastructure demand. Nebius closed at $286.69, up 2.06% for the week, and will also join the Nasdaq-100 alongside CoreWeave. Vertiv shares rose 4.87% Thursday and nearly 10% for the week, with AI data-center cooling cited as a driver. Redwire fell 5.1% to $14.35 as investors weighed its backlog growth against a new $500 million at-the-market share program that could dilute shares. Netflix ended the week at $77.38, down 3.7%. Plug Power closed at $2.85, up 7.55% Thursday and 3.3% for the week. Aditxt jumped 127.27% to $0.0100 with over 5.38 billion shares traded, as filings showed HRT Financial LP and DRW Securities sold shares. PG&E reported outages for over 9,000 customers in Northern California due to storms and dry lightning. PayPal ended at $42.51, up 1.02% Thursday and 2.4% for the week. Keel’s TSX shares rose 12.33% to C$9.93, with Nasdaq shares up 5.36% to $6.29. Merrill Lynch was fined $175,000 by FINRA for municipal-bond disclosure issues, days after a $225,000 censure for call-center complaint reporting failures, while Bank of America faces compliance issues. SpaceX-linked ETFs saw over $10 billion in first-week trading volume, with ARK Innovation ETF drawing a record $4.6 billion inflow. Pennsylvania’s average gasoline price fell to $4.109 per gallon, down 53.5 cents from a month ago. JBS USA is closing beef and meat-processing plants in Pennsylvania and Memphis, affecting 1,693 jobs, due to tight cattle supplies and high beef prices. AbbVie is seeking a $10.9 billion biotech acquisition for an experimental eczema drug. TSMC’s U.S. shares rose 6.9% Thursday and 9% for the week, while Nvidia gained 3% Thursday and 2.7% for the week. Intel climbed 10.6% Thursday and 7.6% for the week, with AMD up 4.9% Thursday and 5% for the week; the Philadelphia Semiconductor Index rose 7.3%. Royal Bank of Canada shares dipped 0.36% after OSFI cut the Domestic Stability Buffer to 3.0%, giving banks more lending room. Bombardier shares rose 4.41% amid focus on Canada’s luxury tax and its Global 8000 program.