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U.S. Stock Market Defies Shutdown, Indexes Hit Record Highs on AI Optimism
Stock Market News· 2025-10-03 14:07
The U.S. stock market opened Friday, October 3, 2025, with a strong upward trajectory, extending its recent winning streak and pushing major indexes to fresh record highs. Despite the ongoing federal government shutdown, now in its third day, investor sentiment remains largely optimistic, fueled by robust corporate performance and the relentless enthusiasm surrounding artificial intelligence (AI) advancements. This resilience highlights a market determined to look past immediate political headwinds, focusin ...
Stocks Climb on Rampant AI Optimism
Yahoo Finance· 2025-10-03 14:07
The S&P 500 Index ($SPX) (SPY) today is up +0.29%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.45%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.18%. December E-mini S&P futures (ESZ25) are up +0.27%, and December E-mini Nasdaq futures (NQZ25) are up +0.16%. Stock indexes are moving higher today, with the S&P 500, Nasdaq 100, and Dow Jones Industrials posting new all-time highs. Chip makers and AI-infrastructure stocks are rallying today, leading the broader market higher on optimism that ...
Micron's NAND Sales Hit $8.5B in FY25: Can the Momentum Continue?
ZACKS· 2025-10-03 14:06
Key Takeaways MU's NAND revenues rose to $8.5B in FY25, with Q4 sales of $2.3B, up 5% sequentially on stronger pricing.New G9 NAND and PCIe Gen6 SSDs expand MU's portfolio for AI workloads and enterprise storage.FY26 NAND revenues are projected at $10.42B, up 22.5%, with total revenue growth expected at 43.4%. Micron Technology ((MU) reported record NAND revenues of $8.5 billion in fiscal 2025, up 18% year over year. In the fourth quarter of fiscal 2025, NAND sales were $2.3 billion, comprising about 20% of ...
BABA Shines in A.I., PYPL Downgrade, BA Delays 777x Jet
Youtube· 2025-10-03 14:01
Diane King Hall is with us and we're taking a look at a few of the movers and we'll start off with Alibaba which has already had an incredible run this month. Right. Tell me a little bit about today's story.>> I mean it's adding a little bit to the gains that we've seen so far this month and year to date higher by a half of a percent. We're talking about the ADR here. You've got uh an upgrade here.Another group becoming more bullish on this one. That's Earth Growth. They've upgraded shares to a buy from a h ...
Analyst Says He Doesn’t See ‘Any Upside’ For Tesla Stock – Here’s Why
Yahoo Finance· 2025-10-03 14:00
We recently published 10 Stocks Wall Street is Watching Heading into October. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Wall Street is watching. Tesla posted strong Q3 delivery numbers on Thursday, but many analysts believe the company will not be able to see robust demand in the coming quarters. Tesla's delivery numbers saw a boost because customers scrambled to buy EVs ahead of the expiration of tax credits. CFRA’s Garrett Nelson said in a program on Schwab Network on August 15 that he does not se ...
US stocks in the green at open: S&P up 0.2%, Nasdaq up 0.3%
Invezz· 2025-10-03 13:56
US stocks were marginally in the green on Friday as Wall Street took a breather after a strong rally in the previous session that pushed major indices to new record highs. Strength in artificial intelligence-related stocks continued to underpin sentiment, even as the federal government shutdown extended into its third day. ...
Why Sandisk Stock Was Rocking the Market This Week
Yahoo Finance· 2025-10-03 13:52
Key Points The company is ramping up its manufacturing efforts. On Monday, Sandisk and its Japanese partner announced the launch of operations at a new facility in Japan. 10 stocks we like better than Sandisk › Flash memory chip maker Sandisk (NASDAQ: SNDK) hardly seemed like a flash in the pan in the last few days, at least as far as its equity went. On the back of a positive news item concerning production, plus good sentiment for all sorts of chip manufacturers generally, its stock was popular. ...
Nvidia-Aligned AI Infrastructure Stock Sparkles. Top Funds Love It.
Investors· 2025-10-03 13:50
BREAKING: Tech Futures Rise; Tesla Deliveries Loom Back in May, artificial intelligence infrastructure company Vertiv (VRT) expanded its alignment with Nvidia (NVDA) to accelerate the evolution of AI. And Wall Street continues its alignment with Vertiv stock, powering the shares onto the list of new buys by the best mutual funds in each of the last four months. While Nvidia went AWOL from the latest list, leading… 10/02/2025If you're trying to outgrow Nvidia and Palantir — that's a lofty goal. But some S&P ...
ILMN Stock Set to Benefit From the Launch of New BioInsight Division
ZACKS· 2025-10-03 13:46
Key Takeaways Illumina launches BioInsight to turn multiomic data into actionable insights for drug discovery and research.Rami Mehio appointed SVP & GM of BioInsight, joining Illumina's executive leadership team.ILMN's BioInsight drives multiomic research via large-scale initiatives and partner collaborations.Illumina, Inc. (ILMN) recently announced the launch of BioInsight, a new business unit developed to meet industry demand for deeper biologic insights, driven by the need of researchers and pharma comp ...
Analyst Says Broadcom (AVGO) Not as Expensive ‘As One Might Think’ – Here’s Why
Yahoo Finance· 2025-10-03 13:43
We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Broadcom Inc (NASDAQ:AVGO) is one of the stocks that Wall Street analysts are discussing these days. Saira Malik, chief investment officer at Nuveen, said in a latest program on CNBC that the AI trade is “alive and well” and companies like Broadcom Inc (NASDAQ:AVGO) continue to be the leaders in the space. Here is why the analyst likes Broadcom: “With AVGO, they have huge demand from hyperscalers for their ASIC chips, very strong manag ...