Investors are halfway through the trading week, but the flurry of stock market news doesn’t look like it will slow down anytime soon. To help navigate that storm, TipRanks has compiled a list of the top stock market stories for Wednesday.
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- Chewy (CHWY) stock took a beating on Wednesday despite a strong Q2 earnings report.
- Antelope Enterprise (AEHL) stock rocketed in what could be a pump-and-dump of the shares.
- Signet Jewelers (SIG) stock slipped on news that a rival was planning a new factory.
- QMMM Holdings Limited (QMMM) stock fell hard following a massive crypto treasury rally.
- The Dow Jones Industrial Average (DJIA) was up alongside an optimistic inflation report.
- Eightco (OCTO) stock fell again on Wednesday as the shares retreated from a crypto-fueled rally.
- Synopsys (SNPS) stock dove after the company posted poor Fiscal Q3 results.
- Robinhood Markets (HOOD) stock received an increased price target from a top analyst.
- Joby Aviation (JOBY) jumped on plans to offer flights through Uber (UBER).
- The S&P 500 (SPX) received a price target increase from Barclays.
- SoundHound AI (SOUN) slipped after the company announced its acquisition of Interactions.
- Advanced Micro Devices (AMD) stock rallied after an executive defended its higher server CPU prices.
- Roots (TSE:ROOT) stock was up even after it reported a net loss in its latest earnings release.
- Potbelly (PBPB) stock saw major gains after the company announced a $566 million deal.
- Apple (AAPL) stock was down after the company revealed a new iPhone Air.
- Home Depot (HD) stock was down alongside calls for a boycott.
- Nintendo (NTDOF) stock got a boost from a new patent and strong gaming industry performance.
Read more of the biggest stock market stories at TipRanks.