U.S. STOCKS ON THE MOVE-Adobe, BigBear.ai, PG&E

Expeditors International of Washington

14/10/2024 17:10

Oct 14 (Reuters) - The S&P 500 and Nasdaq rose on
Monday, with the benchmark index touching an intraday record
high as investors geared up for a week packed with corporate
earnings and crucial economic data that will likely test
stretched stock market valuations. .N 
    
    At 11:33 a.m. ET, the Dow Jones & Company Inc  .DJI  up 0.3%
at 42,977.41. The S&P 500  .SPX  was up 0.58% at 5,848.9 and the
Nasdaq Composite  .IXIC  was up 0.75% at 18,480.636.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Vistra Corp  VST.N , up 5.1%
 ** Humana  HUM.N , up 4%
 ** Applied Materials  AMAT.OQ , up 3.7%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** CrowdStrike Holdings  CRWD.OQ , down 2.9%
 ** Albemarle  ALB.N , down 2.8%
 ** Arch Capital Group  ACGL.OQ , down 2.8%
 
 The top NYSE  .PG.N  percentage gainer:
 ** Innovate Corp  VATE.N , up 15.3%
 
 The top three NYSE  .PL.N  percentage losers:
 ** OneConnect Financial Technology  OCFT.N , down 17.2%
 ** Widepoint Corp  WYY.N , down 13.9%
 ** Westwood Holdings  WHG.N , down 11.9%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Verb Technology  VERB.O , up 76%
 ** Longboard Pharmaceuticals  LBPH.O , up 51.2%
 ** Expion360  XPON.O , up 49%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Top Wealth  TWG.O , down 31.3%
 ** Banzai International  BNZI.O , down 14.4%
 ** Orgenesis  ORGS.O , down 10.4%
 
 
 ** Boeing Co  BA.N : down 1.3%
 BUZZ - Slips after preliminary results, job cuts, 777X delivery
delay; brokerages cut PT  urn:newsml:reuters.com:*:nL4N3LQ0P7 

 ** B. Riley Financial Inc  RILY.O : up 26.5%
 BUZZ - Soars after $386 mln deal to sell Great American Group
unit to Oaktree urn:newsml:reuters.com:*:nL4N3LQ14F 
    
 ** Riot Platforms Inc  RIOT.O : up 5.4%
 ** Hut 8 Mining Corp  HUT.O : up 7.6%
 ** Marathon Digital Holdings Inc  MARA.O : up 10.4%
 ** Coinbase Global Inc  COIN.O : up 9.2%
 BUZZ - US crypto stocks rise after Bitcoin hits two-week high
 urn:newsml:reuters.com:*:nL4N3LQ13P 

 ** WeightWatchers International Inc  WW.O : up 4.2%
 ** Hims & Hers Health Inc  HIMS.N : up 10.0%
 BUZZ - Telehealth firms rise as FDA to revisit Lilly's
weight-loss drug shortage  urn:newsml:reuters.com:*:nL4N3LQ13M 

 ** Canada Goose Holdings Inc  GOOS.N : down 7.6%
 BUZZ - Drops after Wells Fargo downgrades stock on weak China
demand urn:newsml:reuters.com:*:nL4N3LQ0ZW 
    
 ** Caterpillar Inc  CAT.N : down 1.9%
 BUZZ - Falls after Morgan Stanley lowers rating, cuts PT
 urn:newsml:reuters.com:*:nL4N3LQ0MV 
    
 ** VF Corp  VFC.N : down 4.8%
 BUZZ - Falls as Wells Fargo cuts rating, citing high valuation,
slow turnaround urn:newsml:reuters.com:*:nL4N3LQ0ZQ 
    
 ** Tesla Inc  TSLA.O : up 0.6%
 BUZZ - Gains after Evercore ISI hikes price target  urn:newsml:reuters.com:*:nL4N3LQ0N7
    
 ** Amer Sports Inc  AS.N : down 4.0%
 BUZZ - Falls after Wells Fargo downgrades to 'equal weight'
 urn:newsml:reuters.com:*:nL4N3LQ0NO 
    
    
 ** Triumph Group Inc  TGI.N : down 2.7%
 BUZZ - J.P. Morgan cuts Triumph Group's rating on risk from
Boeing strike  urn:newsml:reuters.com:*:nL4N3LQ0PE 
    
 ** Longboard Pharmaceuticals Inc  LBPH.O : up 51.2%
 BUZZ - Jumps on $2.6 bln Lundbeck buyout deal  urn:newsml:reuters.com:*:nL4N3LQ0QB 
    
 ** Upstart Holdings Inc  UPST.O : up 18.7%
 BUZZ - Hits over 1-yr high after Wedbush upgrades to 'neutral'
 urn:newsml:reuters.com:*:nL4N3LQ12T 
    
 ** FirstEnergy Corp  FE.N : up 1.0%
 BUZZ - Rises as Jefferies initiates coverage with 'hold'
 urn:newsml:reuters.com:*:nL4N3LQ0QA 
    
 ** SiriusXM Holdings Inc  SIRI.O : up 7.7%
 BUZZ - Rallies as Buffett's Berkshire boosts stake  urn:newsml:reuters.com:*:nL1N3LQ0F8
    
 ** Expeditors International of Washington  EXPD.N : down 1.1%
 BUZZ - TD Cowen lowers Expeditors rating to 'sell', cuts PT
 urn:newsml:reuters.com:*:nL4N3LQ0U6 
    
 ** SoFi Technologies Inc  SOFI.O : up 7.9%
 BUZZ - Rises on $2 bln agreement to expand loan platform
business  urn:newsml:reuters.com:*:nL4N3LQ0UH
    
 ** SentinelOne Inc  S.N : up 2.9%
 BUZZ - Hits 7-month high as Piper Sandler upgrades to
'overweight'  urn:newsml:reuters.com:*:nL4N3LQ12J 
    
 ** Jasper Therapeutics Inc  JSPR.O : up 12.5%
 BUZZ - Rises on prelim early-stage data for skin disease drug
 urn:newsml:reuters.com:*:nL4N3LQ0SI 
    
 ** Affirm Holdings Inc  AFRM.O : up 4.0%
 BUZZ - Rises after Wedbush upgrades to 'neutral'  urn:newsml:reuters.com:*:nL4N3LQ0TP 

 ** Western Digital Corp  WDC.O : up 2.1%
 BUZZ - Up as memory product gets certified for use in Nvidia AI
server system urn:newsml:reuters.com:*:nL4N3LQ10D 
    
 ** Vanda Pharmaceuticals Inc  VNDA.O : up 11.4%
 BUZZ - Jumps as Cycle Pharma reaffirms buyout offer
 urn:newsml:reuters.com:*:nL4N3LQ0WK 
    
 ** Nasdaq Inc  NDAQ.O : up 1.4%
 BUZZ - Inches up after Raymond James upgrades to 'outperform'
 urn:newsml:reuters.com:*:nL4N3LQ0WA 

 ** Arch Capital Group Inc  ACGL.O : down 2.9%
 BUZZ - Falls after CEO appointment  urn:newsml:reuters.com:*:nL4N3LQ0XU 
    
 ** Adobe Inc  ADBE.O : up 2.4%
 BUZZ - Rises on roll-out of genAI video tools  urn:newsml:reuters.com:*:nL4N3LQ0YV 
    
 ** PG&E Corp  PCG.N : up 2.4%
 BUZZ - Rises as Jefferies initiates coverage with 'buy'
 urn:newsml:reuters.com:*:nL4N3LM1HA 
    
 ** Diamondback Energy Inc  FANG.O : down 1.8%
 BUZZ - Citi resumes Diamondback Energy coverage with 'neutral'
 urn:newsml:reuters.com:*:nL4N3LQ0ZS 
    
 ** Ulta Beauty Inc  ULTA.O : down 0.6%
 BUZZ - Down as Raymond James cuts PT on slowing growth, more
promotions  urn:newsml:reuters.com:*:nL4N3LQ0ZC 
    
 ** GE Vernova Inc  GEV.N : up 0.1%
 BUZZ - BMO lifts PT on GE Vernova on power demand growth
 urn:newsml:reuters.com:*:nL4N3LQ10U 
    
 ** BlackRock Finance Inc  BLK.N : up 0.2%
 BUZZ - Hits record high after brokerages raise PT on growth
prospects  urn:newsml:reuters.com:*:nL4N3LQ10T 
    
 ** NextDecade Corp  NEXT.O : down 3.6%
 ** CNX Resources Corp  CNX.N : down 2.3%
 ** United States Natural Gas Fund LP  UNG.N : down 4.1%
 ** ProShares Ultra Bloomberg Natural Gas LP  BOIL.N : down 5.2%
 BUZZ - Natgas producers fall on forecast for lower demand
 urn:newsml:reuters.com:*:nL4N3LQ11X 
    
 ** BigBear.ai Holdings Inc  BBAI.N : up 12.4%
 BUZZ - Up on $165 mln US Army contract  urn:newsml:reuters.com:*:nL4N3LQ12A 
    
 ** First Busey Corp  BUSE.O : down 1.3%
 BUZZ - Falls as Stephens downgrades after CrossFirst deal
 urn:newsml:reuters.com:*:nL4N3LQ122 
    
 ** Arm Holdings PLC  ARM.O : up 4.5%
 ** Applied Materials Inc  AMAT.O : up 3.7%
 ** Lam Research Inc  LRCX.O : up 2.8%
 ** KLA Corp   KLAC.O : up 2.4%
 BUZZ - Rises, eyes record as chip stocks advance  urn:newsml:reuters.com:*:nL1N3LQ0NQ 
    
 The 11 major S&P 500 sectors:
 
 Communication    .SPLRCL      up 0.48%
 Services                      
 Consumer         .SPLRCD      up 0.16%
 Discretionary                 
 Consumer         .SPLRCS      up 0.05%
 Staples                       
 Energy           .SPNY        down 0.20%
 Financial        .SPSY        up 0.56%
 Health           .SPXHC       up 0.37%
 Industrial       .SPLRCI      up 0.31%
 Information      .SPLRCT      up 1.07%
 Technology                    
 Materials        .SPLRCM      up 0.14%
 Real Estate      .SPLRCR      up 0.68%
 Utilities        .SPLRCU      up 1.01%
 
 (Compiled by Rajarshi Roy and Anshuman Tripathy)
 ((Rajarshi.Roy@thomsonreuters.com))