Intel, Apple, Accenture, SpaceX, and More Stocks That Explain Today’s Market
The Nasdaq grew 1.4% and the S&P 500 rose 1.1% to 7,500 on Thursday. Intel shares jumped 10% after Trump touted a chip production deal with Apple. This agreement helped Wall Street recover from a Federal Reserve selloff.
What changed
New reports indicate the market recovery followed a Federal Reserve selloff and a U.S.-Iran deal.
Live updates
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Intel Surges on Apple Chip Deal as Nasdaq Rebounds
confidence 90%The Nasdaq grew 1.4% and the S&P 500 rose 1.1% to 7,500 on Thursday. Intel shares jumped 10% after Trump touted a chip production deal with Apple. This agreement helped Wall Street recover from a Federal Reserve selloff.
What's confirmed:
- Intel shares rose 10% following news of an Apple chip deal touted by Trump.
- The S&P 500 rose 1.1% to 7,500 on Thursday.
- The Nasdaq grew 1.4% on Thursday.
Still unconfirmed:
- SpaceX shares fell.
- A U.S.-Iran deal contributed to the Nasdaq rebound.
- Oil prices dropped 3.6%.
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Intel Surges 10% on Apple Chip Deal as Markets Climb
confidence 60%The S&P 500 rose 1.1% to 7,500 while the Nasdaq grew 1.4% on Thursday. Intel shares jumped 10% following news of an Apple chip deal touted by Trump. Oil prices dropped 3.6%.
Still unconfirmed:
- Intel surged 10% on a Trump-touted Apple chip deal.
- The S&P 500 climbed 1.1% to 7,500.
- The Nasdaq jumped 1.4% Thursday.
- Oil fell 3.6%.
- Tamar June and Shane Williams are SpaceX retail investors who bought shares at the IPO.
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SpaceX Market Cap Surpasses $2.9 Trillion Following Acquisition
confidence 90%SpaceX shares rose 14% in early Tuesday trading to reach $219. This growth follows the announcement that the company will acquire Anysphere. The rocket and connectivity firm now has a market capitalization exceeding $2.9 trillion.
What's confirmed:
- SpaceX shares rose 14% in early Tuesday trading to reach $219.
- The market capitalization of SpaceX is now over $2.9 trillion.
- SpaceX confirmed the acquisition of Anysphere.
Still unconfirmed:
- Apple is planning upcoming price hikes.
- Tech stocks rallied on Thursday due to two major catalysts.
- The S&P 500 bounced back while the Dow remained largely stagnant.