Investors have hit the midpoint of the week, and earnings reports have the stock market on fire. Check out the hottest market happenings in the list below.
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- Avalo Therapeutics (AVTX) stock rocketed on details of a public offering.
- Super Micro Computer (SMCI) stock soared thanks to strong earnings.
- The Dow Jones (DJIA) was up on new progress toward a peace deal between the U.S. and Iran.
- Hut 8 (HUT) stock surged on a new AI lease agreement.
- The U.S. Securities and Exchange Commission (SEC) has proposed a plan to reduce earnings reports to twice per year.
- Western Digital (WDC) and SanDisk (SNDK) stocks fell on a share swap.
- Novo Nordisk (NVO) stock climbed after earnings beat Wall Street’s estimates.
- Intel (INTC) lost ground to Advanced Micro Devices (AMD) and Nvidia (NVDA) in the latest Steam Hardware Survey.
- Arista Networks (ANET) stock plummeted even after the company beat analysts’ earnings estimates.
- The price of oil floated around $100 per barrel alongside news of peace talks.
- Home Depot (HD) stock gained on new marketing plans.
- AMD stock rallied alongside updated analyst coverage after earnings.