Investors on the lookout for the top stock market stories today are in luck. TipRanks is home to the hottest market happenings on Wednesday.
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Two ETFs for long or short leverage on BE- Inno (INHD) stock underwent a massive rally alongside heavy trading.
- Silicon Motion (SIMO) surged alongside a strong earnings report and positive analyst coverage.
- Arm Holdings PLC (ARM) stock retreated after a recent rally.
- SoFi Technologies (SOFI) stock took a beating alongside the financial company’s latest earnings report.
- Nio (NIO) stock soared after the EV company revealed a new vehicle.
- The S&P 500 (SPX) was down ahead of an interest rate decision today.
- Advanced Micro Devices (AMD) stock rallied alongside positive analyst coverage.
- Eli Lilly (LLY) stock fell after Canada approved a generic weight-loss drug.
- Bloom Energy (BE) stock rocketed on positive analyst coverage post-earnings.
- Uber Technologies (UBER) stock was down despite expanding to hotel bookings on the company’s app.
- Home Depot (HD) stock dropped following news that partner Wren Kitchens filed for bankruptcy.
- The Dow Jones (DJIA) was down amid updates to the war with Iran.
- Bill Ackman’s Pershing Square launched its IPOs today.
- Starbucks (SBUX) stock rallied on an update to its plans to change the coffee chain’s headquarters.
- IBM (IBM) stock was down despite the introduction of a new AI tool.
- Cognizant Technology Solutions (CTSH) slipped on plans to acquire Astreya for $600 million.