Investors on the lookout for the latest and greatest stock market stories are in the right place. TipRanks is home to the hottest market happenings for Wednesday.
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200% short exposure to AMZN with AMZO- Macy’s (M) stock rallied following the release of the retailer’s latest earnings report.
- The Dow Jones (DJIA) was down alongside a lackluster inflation report.
- Li Bang International Corporation Inc. (LBGJ) stock surged with heavy trading.
- Nvidia (NVDA) stock gained on approval to sell certain GPUs in China.
- AIM ImmunoTech (AIM) stock rocketed on a patent update in Japan.
- The S&P 500 (SPX) was down ahead of today’s Federal Reserve interest rate decision.
- Unilever (UL) stock dropped despite reports the company plans to seek a buyer for its foods division.
- Amazon (AMZN) stock slipped on reports the e-commerce company would shift away from USPS deliveries.
- President Donald Trump has opened U.S. shipping routes to help reduce oil prices.
- Walt Disney Co. (DIS) stock was hit with a price target cut alongside the departure of CEO Bob Iger.
- Ares Management (ARES) stock was on the rise thanks to strong analyst praise.
- Lululemon Athletica (LULU) stock gained on plans to launch new products to boost sales.
- Oracle (ORCL) stock was down despite the launch of a new AI assistant for restaurants.
- Williams-Sonoma (WSM) stock soared alongside a dividend increase.
- General Motors (GM) stock was up after the automaker highlighted strong vehicle sales.
- Trade Desk (TTD) stock slumped after the platform failed a regulator’s audit.
- Advanced Micro Devices (AMD) stock gained on new Ryzen CPU leaks.
- Starbucks (SBUX) stock dipped alongside new labor complaints.
- Nebius (NBIS) stock rallied after the company priced an upsized offering.
- Sony (SONY) stock fell after Death Stranding 2 leaked early on PC.