Caterpillar Slips, Drags Down Dow as AI Rally Gets Tested

Caterpillar Inc. shares fell hard Wednesday, putting pressure on the Dow Jones Industrial Average as the stock retreated after flirting with record highs days earlier. CAT was last seen at $858.12, off $56.58, or 6.2%. Shares changed hands between $855.13 and $911.91 during the session. Because the Dow is price-weighted, big moves in stocks like Caterpillar, with higher prices, move the index more than lower-priced names.

BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai Holdings, Inc. shares moved up Wednesday after the company said it closed a deal in Panama for its AI security tech, even as investors watched a governance proposal that could make it easier for BigBear to issue more stock. BBAI last traded at $4.10, up 11 cents, having moved between $3.855 and $4.185. About 22.1 million shares changed hands.
Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Inc. shares dropped Wednesday, down 4.0% at $376.42 as of 11:59 a.m. EDT, after news of its $35 billion AI infrastructure plan with Apollo and Blackstone did little to hold the stock up. Investors shifted focus back to the doubts over whether Broadcom’s custom AI chip sales can still outpace Wall Street’s high hopes. On Tuesday, shares had an implied close of $392.16.
Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

Aurora Innovation shares were under fresh pressure Wednesday morning as investors kept reacting to Uber Technologies’ roughly $479 million sale of AUR stock. The reason investors care is simple: the stock’s big driverless-truck story is now running into a big-shareholder supply problem. AUR closed Tuesday at $6.16, down 1.60%, and Google Finance showed the stock at $6.01 in pre-market trading, another 2.44% lower.
Tencent Shares Gain After $4.66B Bond Sale Seen Fueling AI Bets

Tencent Shares Gain After $4.66B Bond Sale Seen Fueling AI Bets

Tencent Holdings Ltd. shares jumped in Hong Kong on Wednesday after the company confirmed it priced a US$4.66 billion dual-currency bond deal. The bond is sold in both U.S. dollars and offshore yuan. The rally wasn't only linked to the size of new borrowing but also to questions about demand and whether Tencent can keep up AI funding without shaking equity holders.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.