Largest S&P 500 Movers on Tuesday
8 hr 36 min in the past
Decliners
- Shares of analytics software program supplier Palantir Applied sciences (PLTR) tumbled over 9%, falling probably the most of any S&P 500 inventory. The slide marked the fifth consecutive day of losses for the inventory, which was sitting at record-high ranges only a week in the past after a sturdy earnings report. The most recent transfer decrease got here after quick vendor Andrew Left of Citron Analysis expressed issues concerning the inventory’s valuation, suggesting its value has change into disconnected from the corporate’s fundamentals.
- The worth of bitcoin and different main cryptocurrencies moved decrease, extending declines posted over the previous week. Shares of Coinbase World (COIN), operator of the biggest U.S. cryptocurrency trade, sank 5.8%.
- Shares of enterprise software program supplier Oracle (ORCL) additionally misplaced 5.8% Tuesday. The corporate is within the midst of a reorganization and has been slicing jobs, notably in its cloud infrastructure division because it goals to focus extra sources on AI, in keeping with experiences final week. Yesterday, Bloomberg reported Mary Ann Davidson, the corporate’s long-serving chief safety officer, could be stepping down from her position.
Advancers
- Intel (INTC) shares soared almost 7%, logging the highest efficiency within the S&P 500 Tuesday. The most recent push increased for the struggling chipmaker’s inventory adopted the announcement of a $2 billion funding by Japan’s SoftBank Group (SFTBY). Masayoshi Son, CEO of SoftBank, mentioned the transfer displays the agency’s anticipation of an growth in U.S. semiconductor manufacturing, and comes amid hypothesis the Trump administration is evaluating taking a stake within the struggling chipmaker.
Masayoshi Son talking on the SoftBank World occasion in Tokyo in July.
Kiyoshi Ota / Bloomberg / Getty Pictures
- Shares of Prologis (PLD), a actual property funding belief centered on warehouses, knowledge facilities, and different industrial properties, jumped 5%. Analysts at Mizuho upgraded Prologis to “outperform” from “impartial” and raised their value goal, citing a extra favorable view on the commercial REIT subsector. Mizuho advised Prologis may very well be positioned to profit from potential interest-rate cuts, in addition to progress following the lately handed tax and spending invoice.
- Palo Alto Networks (PANW) shares added simply over 3% after the cybersecurity agency reported quarterly earnings that topped analysts’ forecasts. The corporate’s outlook for fiscal 2026 additionally exceeded consensus estimates. Analysts mentioned the sturdy quarter demonstrated Palo Alto’s success within the implementation of its platformization technique, positioning itself as a one-stop store for purchasers by providing a number of cybersecurity merchandise on a single platform.
–Michael Bromberg
Goldman Weighs in on the ‘Summer time of Stablecoins’
9 hr 16 min in the past
The primary federal regulatory system signed into regulation led to one thing of a summer season awakening for stablecoins. Whether or not the roughly $270 billion international market in tokens pegged to real-world currencies will develop to trillions, and eat into conventional monetary companies industries, stays to be seen.
President Donald Trump on the signing ceremony final month for the GENIUS Act, the primary federal invoice to manage stablecoins.
Al Drago / Bloomberg / Getty Pictures
Stablecoins, now predominantly used for crypto buying and selling and for greenback entry outdoors of the U.S., have been prophesied to interchange and modernize legacy methods with blockchain effectivity. Nonetheless, whole disruption is unlikely, Goldman Sachs Analysis mentioned in a report revealed Tuesday.
Analysts together with Will Nance and James Yaro wrote that stablecoin advantages will accrue to the infrastructure layer of the monetary sector, notably in interbank funds, in addition to settlements in capital markets, advanced, and cross-border transactions. Nonetheless, they see “restricted threats” to funds companies, together with the buyer card ecosystem, and that their collective underperformance presents a possibility to purchase. Visa (V) and Mastercard (MA) are much less rivals and extra”more likely to play a big position in facilitating stablecoin funds at scale in a client context,” the report mentioned.
Additionally, danger to remittance gamers, together with Remitly (RELY) and Western Union (WU), are exaggerated, in keeping with the report.
Goldman thinks GENIUS Act-compliant stablecoins comparable to Circle’s (CRCL) USDC will take larger share on the expense of USDT, Tether’s offshore stablecoin. The agency sees $77 billion of progress in USDC, or an estimated compound annual progress price of 40% from 2024 to 2027. Tether’s USDT is the world’s largest stablecoin, with a $165 billion market cap, in comparison with Circle USDC’s $66 billion, in keeping with analysis platform rwa.xyz.
Nonetheless, with Circle’s elevated valuation after its blockbuster IPO earlier this 12 months, Goldman favors Robinhood (HOOD) for its continued innovation in crypto.
–Crystal Kim
Robinhood Clients Can Now Commerce on Soccer Outcomes
9 hr 50 min in the past
Followers of the preferred sport within the U.S. can now commerce on recreation outcomes on Robinhood’s app. Simply do not name it “sports activities betting.”
Robinhood Markets (HOOD) on Tuesday introduced the launch of buying and selling “on the outcomes of the preferred professional and school soccer video games, together with all common season professional matchups, and all school Energy 4 faculties and independents.” (In different phrases, clients can guess on all NFL video games and people involving groups within the Huge Ten, SEC, ACC, and Huge 12 conferences, in addition to the likes of Notre Dame.)
“Soccer is much and away the preferred sport in America,” mentioned JB Mackenzie, Robinhood’s VP & GM of Futures and Worldwide. “Including professional and school soccer to our prediction markets hub is a no brainer for us as we goal to make Robinhood a one-stop store for all of your investing and buying and selling wants.”
The buying and selling platform desires to clarify that these are “occasion contracts” and never “sports activities bets.”
“Not like sports activities betting, the place the agency units a line, occasion contracts leverage the ability and rigor of monetary market construction and are provided in a market the place consumers and sellers work together to set the worth,” Robinhood mentioned. “Clients can entry the contracts in actual time and handle danger by adjusting—or exiting—their positions as much as and all through a recreation earlier than a contract expires.”
Robinhood added that because it debuted prediction markets on the finish of 2024, “there have been greater than 2 billion contracts traded” on its platform.
–Aaron Rennie
Apple to Make US-Sure iPhone 17 in India, Report Says
10 hr 42 min in the past
Apple (AAPL) is reportedly planning to make all 4 of the iPhone 17 fashions it would promote within the U.S. in India, the primary time the corporate is making its newest lineup within the South Asian nation.
The iPhone 17 is because of debut subsequent month.
Based on Bloomberg, citing folks with data of the matter, the tech big is increasing its iPhone manufacturing in India at 5 factories, together with two crops that had been opened lately, and producing all 4 iPhone 17 fashions within the Asian nation.
The India growth is a part of Apple’s efforts to cut back its dependence on China for the telephones it’s promoting within the U.S. Whereas India faces an additional 25% levy for purchasing Russian oil on high of the 25% beforehand introduced tariffs, client digital imports into the U.S. are to date exempt from levies.
Apple shares have misplaced nearly 8% of their worth because the begin of the 12 months amid worries about its stalling progress in synthetic intelligence and the hit from the Trump administration’s tariffs. They closed barely decrease on Tuesday.
–Nisha Gopalan
Palantir Plunges to Lengthen Week-Lengthy Hunch
11 hr 26 min in the past
Palantir (PLTR) shares tumbled Tuesday afternoon, extending current losses as a high-profile quick vendor fueled worries the inventory may very well be overvalued after a robust run earlier this 12 months.
The shares had been down 9% round $159 in current buying and selling. Nonetheless, they’ve greater than doubled in worth in 2025, leaving Palantir the top-performing inventory within the S&P 500 for the 12 months as far as demand for the information analytics software program firm’s Synthetic Intelligence Platform drives file gross sales.
Regardless of shedding 15% over the previous week, Palantir shares have gained greater than 100% to date this 12 months, whereas the benchmark S&P 500 index has risen about 9%.
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Brief vendor Andrew Left of Citron Analysis, who voiced issues concerning the inventory’s valuation in a Fox Enterprise interview final Wednesday, mentioned in a report yesterday that he believes the inventory has change into “indifferent from fundamentals” and could be price $40.
The report compares Palantir to OpenAI, and posits that if Palantir had been to commerce on the identical price-to-revenue a number of because the ChatGPT maker, given Bloomberg consensus projections, Palantir’s inventory value could be nearer to $40. Nonetheless, “even that value would depart Palantir among the many most costly [software as a service] names in historical past,” Left mentioned.
Left, whose sharp commentary and claimed observe file of exposing fraud and overvaluation have earned him the moniker “The Bounty Hunter of Wall Road,” has change into a controversial determine and faces legal costs for securities fraud.
Nonetheless, he isn’t the one one who’s raised issues about Palantir’s lofty valuation. Of the eight Wall Road analysts with present scores surveyed by Seen Alpha, simply two have issued “purchase” suggestions versus six “maintain” scores, amid some issues the inventory might have climbed too excessive, too quick, and may very well be due for a disadvantage.
Jefferies analysts, who applauded Palantir’s sturdy income progress and outlook after the corporate reported outcomes earlier this month, mentioned they nonetheless consider the inventory’s valuation is “disconnected from even optimistic progress eventualities.” HSBC analysts, who’ve a impartial ranking for the inventory, additionally warned it’d already be “priced for perfection” and will battle to maintain up with buyers’ excessive expectations
–Kara Greenberg
Nvidia Considers New Merchandise for China Market
12 hr 20 min in the past
Nvidia (NVDA) mentioned it is contemplating a “number of merchandise” for its roadmap as extra particulars emerge a few new AI chip for the Chinese language market. This follows current indicators of inroads in successful approvals from the Trump administration to develop gross sales to the nation.
Nvidia might look to ship samples of the brand new chip to Chinese language purchasers for testing as early as subsequent month, Reuters reported Tuesday.
The brand new chip, tentatively generally known as the B30A, is predicated on Nvidia’s Blackwell structure and extra superior than the H20 chip the corporate lately received approval to renew promoting in China after putting a take care of President Trump to pay the U.S. authorities 15% of its China chip income.
A Nvidia spokesperson informed Investopedia Tuesday that the corporate desires to be “ready to compete to the extent that governments permit,” including “every thing we provide is with the complete approval of the relevant authorities and designed solely for useful industrial use.”
Shares of Nvidia had been down 3% in current buying and selling. Nonetheless, they’ve added almost a 3rd of their worth this 12 months, after their current rally amid optimism concerning the firm’s gross sales in China and robust demand for AI {hardware}.
Whereas many on Wall Road noticed the current 15% revenue-sharing agreements for Nvidia and Superior Micro Units (AMD) as a optimistic improvement for the businesses—which took successful on export curbs earlier within the 12 months—some have raised issues about what they may imply for American tech firms navigating quickly altering China commerce insurance policies.
“It looks like a slippery slope to us,” Bernstein analysts wrote final week of the offers, which might open the door to others and pointed to a scarcity of readability on whether or not and the way a lot firms may very well be pushed to pay to promote such merchandise in China. “Positive it’d increase some cash, however would not appear to deal with any strategic points past a seize for {dollars},” the analysts mentioned.
Final week, Trump advised he may very well be open to increasing Nvidia’s licenses to cowl extra highly effective chips, after additional negotiations. Nvidia CEO Jensen Huang may very well be requested for extra particulars on the corporate’s plans when the chipmaker experiences its newest quarterly monetary outcomes after the bell Aug. 27.
–Kara Greenberg
Powell Speech May Jolt Markets
12 hr 50 min in the past
Fed Jerome Powell is slated to talk on Friday on the Fed’s annual gathering of central bankers in Jackson Gap, Wyoming, and Evercore ISI warns that market members won’t love what he has to say.
Powell “is more likely to not directly sign a 25bp price reduce” on the Fed’s subsequent coverage assembly in mid-September, argued Evercore analysts led by Julian Emanuel in a word on Sunday. “For a market that was desirous to embrace ’50 in Sept,’” referring to market chatter concerning the probability officers would reduce charges by 50 foundation factors, or half a share level, subsequent month, “a balanced view might catalyze a close to time period -7% to -15% pullback into October.”
Powell talking at a press convention following a gathering of the policy-setting Federal Open Market Committee earlier this 12 months.
Tierney L. Cross / Bloomberg / Getty Pictures
“The stakes … are excessive with each side of the Twin Mandate muddled,” the analysts wrote, referring to the Fed’s job of balancing steady costs and most employment.
Inflation knowledge final week painted a muddy image of how tariffs are affecting costs; the Client Worth Index rose lower than anticipated in July, whereas wholesale costs climbed a lot quicker than forecast.
Labor market knowledge just isn’t a lot clearer. Weekly preliminary unemployment claims have held regular this 12 months. In the meantime, job progress has fallen to its slowest 3-month tempo (outdoors of the pandemic shock) since 2010, when the unemployment price was about 9%, double what it’s right now.
President Donald Trump is including to the uncertainty. Since returning to the White Home in January, Trump has repeatedly criticized Powell, whom he appointed in 2019, and known as on the Fed to decrease charges. In early August, Trump fired the top of the Bureau of Labor Statistics after a disappointing jobs report, alarming some economists involved that political interference might skew official financial knowledge.
Excessive inventory costs and seasonal weak spot are extra causes for concern, says Evercore.
“Pedal to the steel fairness market bullishness in August usually runs into the realities of September,” which is traditionally the worst month of the 12 months for shares, the analysts wrote. And Wall Road’s post-“Liberation Day” rally, fueled by commerce offers and resilient company earnings, has inventory valuations close to their highest ranges because the Dotcom Bubble.
In opposition to that backdrop, Evercore recommends buyers maintain a core portfolio of “AI Enablers, Adopters and Adapters” within the communication companies, client discretionary, and tech sectors. Huge names within the class embrace Amazon (AMZN), Alphabet (GOOG), and Micron (MU).2
They suggest supplementing these core holdings with attractively priced shares with optimistic earnings revisions. They word healthcare firms, together with Pfizer (PFE) and Cigna (CI), are overrepresented within the record of shares that meet these standards. They recommend funding these purchases by promoting expensive shares with much less engaging earnings outlooks, together with retail investor favorites like Palantir (PLTR), Tesla (TSLA), and Technique (MSTR).
–Colin Laidley
Viking Therapeutics Plunges on Weight-Loss Tablet Research
13 hr 49 min in the past
Viking Therapeutics (VKTX) shares plummeted Tuesday after the biopharma agency reported a research of its experimental weight-loss tablet raised issues about unwanted effects.
The corporate mentioned a Section 2 trial of its VK2735 pill discovered that sufferers misplaced as much as 12.2% of their imply physique weight, or about 26.7 kilos, in comparison with a drop of 1.3% imply physique weight, or 2.9 kilos, for these given a placebo.
Nonetheless, total 28% of these on VK2735 stopped taking it early, whereas solely 18% of the placebo group did so. Viking mentioned the commonest cause for sufferers discontinuing the therapy was “gastrointestinal (GI)-related hostile occasions.”
CEO Brian Lian mentioned in a name with analysts that the variety of hostile results had been highest within the first week of the trial, and declined because it went on. He defined that “GI-related hostile occasion charges may be additional diminished via decrease beginning doses and or slower dose escalation,” in keeping with a transcript supplied by AlphaSense. Lian added the corporate appears ahead to “exploring this additional in an upcoming upkeep dosing research.”
Viking Therapeutics shares had been down 42% in current buying and selling. The inventory got here into right now’s session up about 5% to date in 2025.
–Invoice McColl
Finest Purchase Launches U.S. Digital Market
14 hr 57 min in the past
Now you can go to Finest Purchase’s web site for every thing from a statue of Ganesh enjoying the flute to a set of champagne flutes.
Finest Purchase (BBY) doubled the variety of merchandise out there via its web site and app whereas launching a U.S. market Tuesday that’s open to a whole lot of manufacturers not carried in its shops, comparable to Martha Stewart, Crock-Pot, and World Extensive Stereo. {The marketplace} provides extra expertise and faucets into new classes, together with sports activities staff merch, seasonal decorations, and musical devices, in addition to toys and puzzles, Finest Purchase mentioned in a press launch and Q&A.
“Our clients have all the time regarded to us to deliver pleasure and inspiration in methods solely expertise can,” Frank Bedo, chief market and eCommerce officer at Finest Purchase, mentioned in an announcement. By {the marketplace}, “we are able to actually supply the complete expertise they want,” the assertion mentioned.
The electronics big, which already has a third-party platform in Canada, is the newest retailer to launch a web-based market—a transfer that enables firms to develop their product portfolio with out investing in stock or space for storing. Walmart (WMT), Goal (TGT), Lowe’s (LOW), Nordstrom, and Ulta (ULTA) have launched or shared plans to launch a market, in keeping with firm bulletins. Digital marketplaces are estimated to facilitate a whole lot of billions of {dollars} in annual gross sales.
Consumers cannot presently have market purchases shipped to a retailer for pickup, however Finest Purchase places will facilitate returns, a spokesman mentioned.
Finest Purchase shares had been up about 4% in current buying and selling however are down greater than 12% for the 12 months. In late Could, the corporate reported blended first-quarter outcomes and lowered its full-year outlook due to tariffs.
–Sarina Trangle
Palo Alto Networks Shares Surge on Robust Earnings, Outlook
16 hr 7 min in the past
Shares of Palo Alto Networks (PANW) jumped Tuesday, a day after the cybersecurity agency posted better-than-expected outcomes and steering as clients demanded more and more highly effective instruments to struggle hackers.
The corporate reported fiscal 2025 fourth-quarter adjusted earnings per share of $0.95, with income up 16% year-over-year to $2.54 billion. Each exceeded estimates of analysts surveyed by Seen Alpha.
CEO Nikesh Arora mentioned the efficiency “displays a basic market shift during which clients perceive {that a} fragmented protection isn’t any protection in any respect towards fashionable threats. They’re partnering with us as a result of our platforms are designed to work in live performance, creating highly effective operational synergies that ship superior, close to real-time outcomes and the effectivity our clients want.”
CEO Nikesh Arora talking at an occasion in Paris in July.
Nathan Laine / Bloomberg / Getty Pictures
Palo Alto Networks sees fiscal 2026 adjusted EPS of $3.75 to $3.85, and income of $10.475 billion to $10.525 billion. Seen Alpha forecasts had been for $3.67 and $10.431 billion, respectively. Its current-quarter revenue and income projections additionally topped estimates.
Together with the outcomes, the corporate additionally introduced that its founder, Nir Zuk, was retiring as Chief Technical Officer and stepping down as a member of the board. Zuk is being changed by Chief Product Officer Lee Klarich in each positions.
Palo Alto shares had been up 4.5% in current buying and selling, pushing the inventory into optimistic territory for the 12 months.
–Invoice McColl
Residence Depot Inventory Jumps as Firm Affirms Outlook
16 hr 48 min in the past
Residence Depot (HD) shares rose in early buying and selling Tuesday after the most important home-improvement retailer affirmed its steering as do-it-yourself and enormous undertaking demand elevated.
The corporate reiterated its full-year outlook for gross sales rising about 2.8%, and comparable retailer gross sales progress of roughly 1.0%.
CEO Ted Decker mentioned that the “momentum that started within the again half of final 12 months continued all through the primary half as clients engaged extra broadly in smaller dwelling enchancment initiatives.” In an interview, CFO Richard McPhail famous that the corporate noticed comparable gross sales enhance each month within the quarter.
The feedback got here as Residence Depot reported blended second-quarter outcomes. Gross sales gained 4.9% year-over-year to $45.28 billion, a tad increased than estimates of analysts surveyed by Seen Alpha. Adjusted earnings per share of $4.68 narrowly missed forecasts.
Comparable retailer gross sales had been 1.0% increased, and whereas that was a tick under expectations, it was properly above final 12 months’s decline of three.3%. Comparable common tickets superior 1.4%, in comparison with a drop of 1.3% in 2024.
Residence Depot shares had been up about 4% in current buying and selling.
Together with Tuesday’s early positive factors Residence Depot inventory is up about 5.5% because the begin of the 12 months. That is roughly in keeping with the efficiency of shares of rival Lowe’s, although each home-improvement giants are lagging the positive factors of the benchmark S&P 500 index.
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–Invoice McColl
Intel Jumps as SoftBank to Make investments $2 Billion
17 hr 18 min in the past
Intel (INTC) shares surged in early buying and selling Tuesday on information that Japan’s SoftBank Group is making a $2 billion funding within the struggling U.S. chipmaker.
SoftBank pays $23 for every Intel share, a slight low cost to Monday’s closing value of $23.66, the businesses introduced.
“This strategic funding displays our perception that superior semiconductor manufacturing and provide will additional develop in the USA, with Intel enjoying a vital position,” mentioned SoftBank CEO Masayoshi Son, who final December introduced plans for the agency to make investments round $100 billion within the U.S. with President-elect Donald Trump.
Final week, Bloomberg reported that the Trump administration was in talks to take a stake within the chipmaker, and yesterday reported the U.S. would purchase round 10% of Intel by changing some or all the firm’s CHIPS and Science Act grants into fairness. Such a stake would make the U.S. the embattled chipmaker’s largest shareholder, the report mentioned. The White Home did not instantly reply to a request for remark.
Final month, Intel’s second-quarter gross sales topped analysts’ estimates however the firm unexpectedly swung to an adjusted loss and CEO Lip-Bu Tan introduced layoffs in a memo to workers.
As of Monday’s shut, the inventory had gained about 18% because the begin of the 12 months, after falling almost 60% in 2024.
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Intel shares had been up greater than 10% at round $26 in current buying and selling.
–Nisha Gopalan
Main Index Futures Little Modified
18 hr 50 min in the past
Futures tied to the Dow Jones Industrial Common had been up 0.1%.
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S&P 500 futures slipped 0.1%.
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Nasdaq 100 futures had been additionally down 0.1%.
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