It’s time to dive into the hottest stock market stories traders need to know about on Wednesday. There’s plenty of news to cover before the markets close for the Thanksgiving holiday. Let’s get into it below:
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- Deere (DE) stock was down after the farm equipment company provided a warning in its latest earnings report.
- Urban Outfitters (URBN) stock soared on a surprisingly good earnings report.
- Tesla (TSLA) stock jumped on plans to double the company’s self-driving fleet.
- Nio (NIO) stock took a beating alongside downgrades following the EV company’s latest earnings report.
- Amber International (AMBR) stock rocketed after the investment company announced a new share repurchase program alongside Q3 results.
- The Dow Jones Industrial Average (DJIA) was up thanks to new unemployment data.
- Amazon (AMZN) stock was up alongside bullish coverage from a top analyst.
- Amazon was also hit by a new probe over its plans for drone deliveries.
- Novo Nordisk (NVO) stock climbed on new price cuts for weight-loss drugs.
- OpenAI (OPAIQ) said it expects paid ChatGPT users to hit 220 million by 2030.
- ByteDance (BYTDC) has been banned from using certain AI GPUs.
- Amaze (AMZE) stock took off after the company’s CEO bought shares.
- Salesforce (CRM) stock was hit hard by forecast cuts from a top analyst.
- Apple (AAPL) stock was up despite a new lawsuit related to certain materials.
- Advanced Micro Devices (AMD) stock was up after the company saw its CPU and GPU market shares increase.
- Uber Technologies (UBER) stock was up after the company announced new driverless robotaxis in Abu Dhabi.
- Home Depot (HD) stock was on the rise despite concerns about plans to close on Thanksgiving.
- Walmart (WMT) stock hit an all-time high in the lead-up to its Black Friday sale.
- Microsoft (MSFT) stock was up despite complaints about a Windows 11 update hitting game performance.
Read more of the top stock market stories at TipRanks.