Investors are midway through the week, and the stock market news hasn’t slowed yet. To help navigate the flood of updates, TipRanks has collected a list of the hottest happenings on Wednesday.
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- Cal-Maine Foods (CALM) stock fell after the company failed to impress investors with its earnings report.
- Conagra Brands (CAG) stock was on the rise after the company reported strong earnings this morning.
- Nvidia (NVDA) stock slipped alongside news that one of its largest customers wants to make its own AI chips.
- Chijet Motor (CJET) stock rocketed higher on a massive $1 billion investment to create a digital asset treasury.
- Fortress Biotech (FBIO) stock plummeted after it received a Complete Response Letter from the FDA.
- Nike (NKE) stock gained alongside a strong earnings beat.
- Tesla (TSLA) stock climbed after the company saw EV sales rebound in Europe.
- The Dow Jones Industrial Average (DJIA) was down alongside the U.S. government shutdown.
- The S&P 500 (SPX) was down for the same reason.
- Peloton Interactive (PTON) stock sank after the company announced a new AI-based overhaul.
- Reddit (RDDT) stock was slammed by reports of OpenAI’s ChatGPT being less reliant on the website.
- Stellantis (STLA) rose after the company announced an extended partnership with French tech firm Mistral AI.
- Carvana (CVNA) stock gained alongside bullish coverage from a top analyst.
- Microsoft (MSFT) stock dipped after the tech giant announced a new Xbox Game Pass price change.
Read more of the biggest stock market stories at TipRanks.