Investors are halfway through the trading week, and with that comes plenty of stock market stories. To help with that, TipRanks has created a list of the most important news worth reading on Wednesday.
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- Macy’s (M) stock rallied after the retailer impressed investors in its latest earnings report.
- Dollar Tree (DLTR) stock dipped even after it beat Wall Street’s Q2 estimates.
- Solidion Technology (STI) stock rocketed after it was granted a 2025 R&D 100 Award.
- Disney (DIS) stock slipped after it was hit with a $10 million fine.
- Alphabet (GOOGL) stock jumped as analysts weighed in on a recent court ruling.
- Wave Life Sciences (WVE) stock was slammed by results from an ongoing clinical trial.
- Amazon (AMZN) faces a class-action lawsuit over inflated customer prices.
- Amazon also announced an end to its Prime Invitee Program.
- The S&P 500 (SPX) was up after the index received a price target increase.
- Amgen (AMGN) stock slipped after it revealed plans to build a $600 million research hub.
- Arrowhead (ARWR) stock soared thanks to a new partnership with Novartis (NVS).
- Novartis stock gained after the company announced a partnership with Argo Biopharmaceutical.
- The Dow Jones Industrial Average (DJIA) was down despite calls for an interest rate cut this month.
- Nvidia (NVDA) stock fell below its 50-day average alongside supply chain constraint concerns.
- Take-Two (TTWO) stock was down despite dispelling Grand Theft Auto 6 delay rumors.
- Lululemon Athletica (LULU) received price target cuts ahead of its Q2 earnings report.
- IonQ (IONQ) stock received new coverage from five-star B. Riley Financial analyst Craig Ellis.
- Salesforce (CRM) stock slipped after its CEO revealed job cuts due to AI.
- Cracker Barrel (CBRL) stock was down after new data showed a sales drop following its logo redesign.
- Eli Lilly (LLY) stock slipped despite positive updated coverage from BMO Capital Markets.
Read more of the biggest stock market stories at TipRanks.