Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
The CPI report was slightly above expectations, which were already somewhat higher than in prior months. So when people tell you this was a ‘small miss higher,’ that’s mainly because economists adjusted their expectations...
Looking for insights into the US markets in the middle of the day on Thursday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Centrica PLC, a British multinational energy and services company, is a leading supplier of gas and electricity to homes and businesses, primarily in the UK and Ireland.
Every time the mainstream declares price inflation dead and buried, new data comes out and rains on the funeral. However, if you understand the root cause of inflation, the CPI data comes as no surprise.
Robinhood Markets shares are trading higher on Thursday. The stock is gaining following the announcement of a suite of new products aimed at active traders.
At the September MPC meeting, the Central Bank of Turkey continued to cut rates, this time by 250bp to 40.5% vs the market consensus of 41%. The Bank also updated its main message with an emphasis on intermediate targets.
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 55% in the morning session after the company announced a significant management shake-up, including a new chief executive and the return of its co-founders to the board.
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB)
jumped 4.1% in the morning session after investor optimism about its growth prospects improved, particularly its next-generation Neutron rocket.
Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
jumped 1.9% in the morning session after Jefferies raised its price target on the stock to $30 from $26, citing strong momentum.
Shares of pharmaceutical company AbbVie (NYSE:ABBV) jumped 4.4% in the morning session after the company announced it settled litigation with generic drug manufacturers to extend patent protection for its blockbuster autoimmune drug, RINVOQ. The agreement prevents generic competition for the drug in the U.S. until at least April 2037, a significant victory for the company. This extension provides about five more years of market exclusivity than some analysts had previously expected. RINVOQ is a crucial growth driver for AbbVie, especially as it manages lost revenue from its former mega-blockbuster, Humira. The drug's sales have been climbing rapidly, reaching $6 billion the previous year and are forecast to potentially hit peak sales of over $12 billion. This settlement secures a major future revenue stream for the company.
Shares of online learning platform Udemy (NASDAQ:UDMY) jumped 5.9% in the morning session after the company announced its Board of Directors approved a $50 million share repurchase program.
Shares of fast-food chain Jack in the Box (NASDAQ:JACK)
fell 1.4% in the morning session after Stifel reiterated its 'Hold' rating on the stock, citing significant concerns about weakness in same-store sales.
Shares of clothing company Kontoor Brands (NYSE:KTB)
jumped 7.3% in the morning session after Wells Fargo raised its price target on the stock to $100.
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 5% in the morning session after Bank of America Securities upgraded the stock, citing benefits from easing mortgage rates.
Shares of home energy technology company Enphase (NASDAQ:ENPH)
jumped 2.7% in the morning session after the company opened pre-orders for its new IQ EV Charger 2 and unveiled its IQ Bidirectional EV Charger architecture.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
jumped 8.6% in the morning session after a positive analyst note highlighted a strategy that could significantly boost future profits.
Shares of technology real estate company Offerpad (NYSE:OPAD)
jumped 6.2% in the morning session after the stock's positive momentum continued as the company announced strategic enhancements to its HomePro program. Offerpad, a technology-focused real estate company, revealed it is improving its HomePro program. This service is a key part of its business, which operates in the 'iBuyer' space, where companies use technology to make instant offers on homes. The strategic enhancements are seen by investors as a positive step to strengthen the company's offerings and competitive position. This move is aimed at bolstering its core services, which investors believe could lead to increased customer engagement and a stronger business model.
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
jumped 6.5% in the morning session after the company unveiled a breakthrough deposition tool for next-generation chips used in artificial intelligence (AI) and high-performance computing (HPC).
Shares of cannabis company Tilray Brands (NASDAQ:TLRY)
fell 4.6% in the morning session after reports revealed Department of Justice canceled pending cannabis rules. This regulatory setback adds to a host of challenges for the cannabis producer. The company is already under pressure to meet Nasdaq's listing standards, which require a minimum share price that Tilray has struggled to maintain. To address this, the company has been exploring options like a reverse stock split. Compounding these issues, Tilray reported a significant net income loss of approximately $1.27 billion for the quarter ended May 31, 2025, highlighting its difficult financial position in a competitive market.
Shares of health coverage company Centene (NYSE:CNC)
jumped 11.8% in the morning session after the company reaffirmed its optimistic 2025 earnings outlook and shared positive early data on its Medicare quality ratings.
