Shares Shut Sharply Greater as Market Rebounds From Promote-Off; Nvidia, AMD Lead Chip Sector Rally

Greatest S&P 500 Movers on Monday

7 hr 43 min in the past

Advancers

• Shares of animal well being firm IDEXX Laboratories (IDXX) secured the highest efficiency within the S&P 500 on Monday with a surge of greater than 27%. The supplier of diagnostics instruments and different gear for veterinary laboratories topped gross sales and revenue estimates for the second quarter and lifted its full-year forecasts, citing sturdy demand for a not too long ago launched product that analyzes samples from animals’ ears. William Blair analysts mentioned IDEXX might additionally profit from an getting older pet inhabitants pushed by accelerated pet adoptions through the pandemic.
• Rising expectations that the Fed will transfer to decrease rates of interest, which might decrease the price of borrowing for shoppers, helped underpin positive aspects for varied retail shares. Shares of kitchenware and residential furnishings specialist Williams-Sonoma (WSM) jumped 6.9%. Shares of Tapestry (TPR), the style holding firm behind the Kate Spade and Coach manufacturers, superior 5.3%.
• PG&E (PCG) shares gained 6.5%, recovering from losses posted late final week after the California-based energy utility reported a year-over-year income decline for the second quarter, falling wanting expectations. Nevertheless, CEO Patricia Poppe mentioned the vitality supplier might be ready to scale back buyer payments inside the subsequent couple of years because it executes its progress plans. PG&E additionally mentioned it doesn’t intend to challenge further fairness to fund its spending plans, whatever the end result on potential state laws on wildfire prevention and buyer billing that might have an effect on utilities within the Golden State.

Decliners

• Shares of analog and energy administration chipmaker ON Semiconductor (ON) fell the furthest of any S&P 500 inventory on Monday, plummeting practically 16%. Though Onsemi matched adjusted revenue estimates and edged forward of quarterly gross sales expectations, income was down from a yr in the past. The corporate pointed to cautious habits by its clients, excessive ranges of uncertainty in its key automotive market, and softness in Europe and North America.
• Paramount World (PARA) introduced that David Ellison will take the reins of the mixed firm following the completion of the merger later this week between Paramount and Ellison’s Skydance Media. In the meantime, Tom Ryan is about to step down from his function as president and CEO of Paramount Streaming. Paramount World shares tumbled 5.4% on Monday.
• LyondellBasell Industries (LYB) shares dropped 4.7%, extending losses posted Friday after the producer of plastics, chemical compounds, and fuels reported lower-than-expected earnings for the second quarter. Though income got here in forward of expectations, LyondellBasell outlined a strategic plan together with asset gross sales in an effort to optimize its portfolio in response to difficult market circumstances.

–Michael Bromberg

Palantir Jumps After Hours as Income Surges Amid AI Demand

8 hr 6 min in the past

Palantir (PLTR) posted second-quarter earnings that topped analysts’ expectations and raised its outlook amid sturdy demand for its Synthetic Intelligence Platform.

The AI software program firm reported adjusted earnings of 16 cents on income that jumped 48% year-over-year to a report $1 billion, above Wall Avenue estimates.

CEO Alex Karp known as it a “phenomenal quarter” that underlined “the astonishing influence of AI leverage.” The CEO mentioned Palantir’s business enterprise practically doubled from a yr in the past, whereas its U.S. enterprise grew 68%.

Trying forward, Palantir mentioned it sees third-quarter gross sales of $1.08 billion to $1.09 billion, and full-year income of $4.14 billion to $4.15 billion, up from $3.89 to $3.9 billion beforehand. Each ranges had been properly above analysts’ estimates compiled by Seen Alpha.

Palantir inventory climbed about 4% in after-hours buying and selling. The shares had greater than doubled in worth in 2025 by means of Monday’s shut, and had been up greater than 500% over the previous 12 months.

–Kara Greenberg

Trump Praises Sweeney Advert, American Eagle Soars

9 hr 11 min in the past

American Eagle (AEO) shares soared Monday because the president applauded its current advert marketing campaign with actress Sydney Sweeney.

“Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ advert on the market. It’s for American Eagle, and the denims are ‘flying off the cabinets.’ Go get ‘em Sydney,” President Donald Trump posted on his Fact Social media platform Monday morning. “Being WOKE is for losers, being Republican is what you wish to be.”

Shares of American Eagle closed practically 24% increased Monday, following days of public discourse on adverts critics mentioned had been hypersexualized and performed on discriminatory concepts about genetics.

In a video advert unveiled in late July, the actress—who has lighter hair and blue eyes—mentioned the science behind genetics, and a narrator added, “Sydney Sweeney has nice denims.” To some, the promotion appeared to echo concepts on the superior genetics of white folks.

American Eagle didn’t instantly reply to an Investopedia request for remark. The retailer mentioned the advert has all the time been about denims, and that “nice denims look good on everybody,” on Instagram final week.

Regardless of the current positive aspects for American Eagle inventory, the shares have nonetheless misplaced a couple of fifth of their worth this yr. They’ve slumped in current months amid worries concerning the firm’s outlook, which the retailer pulled in Might.

–Sarina Trangle

Novo Nordisk Ranges to Watch After Final Week’s Plunge

9 hr 58 min in the past

Novo Nordisk’s (NVO) U.S.-listed shares rose barely Monday after shedding a couple of third of their worth final week, when the corporate minimize its full-year outlook and named a brand new CEO, main Wall Avenue analysts to downgrade the inventory.

Since hitting a report excessive in June final yr, Novo Nordisk shares have misplaced roughly two-thirds of their worth, pressured by growing competitors from rival Eli Lilly’s (LLY) weight-loss medicine and challenges throughout trials of the corporate’s next-generation weight problems medicine.

With final week’s drop, Novo Nordisk shares resumed their steep downtrend on above-average buying and selling quantity, indicating promoting conviction from bigger market individuals.

The sell-off coincided with the relative power index falling to its lowest ranges since early Might, signaling weakening worth momentum, although the indicator neared its oversold threshold, growing the probabilities for short-term bounces.

It’s additionally price noting that the 50-week shifting common continues to converge towards the 200-week MA, doubtlessly setting the stage for an ominous demise cross, a bearish sample that forecasts decrease costs.

Traders ought to watch main assist ranges on Novo Nordisk’s chart round $36 and $29, whereas additionally monitoring key overhead areas close to $60 and $78.

The inventory gained 1.4% to shut Monday’s session round $49.

Learn the complete technical evaluation piece right here.

–Timothy Smith

The place Merchants Anticipate Palantir Shares to Go After Earnings

10 hr 51 min in the past

Merchants anticipate that the best-performing S&P 500 inventory of 2025 might make one other huge transfer.

Present choices pricing suggests merchants anticipate shares of Palantir Applied sciences (PLTR), which is because of launch earnings after the closing bell. might transfer practically 11% by Friday’s shut from its current stage round $160. A transfer of that scale both would raise shares to a report excessive above $177, or drop them to about $142.

Palantir’s inventory has registered a mean post-earnings transfer of greater than 17% over the previous 4 quarters, rising in three of these situations. Might was the exception, when shares slumped 12% the day after earnings as traders could have considered the corporate’s newest outcomes as not residing as much as prior blowout earnings performances in February and final November.

Heading into earnings, analysts are cut up on the AI darling. Simply two brokers masking Palantir and tracked by Seen Alpha have “purchase” rankings for the inventory, in contrast with seven “maintain” rankings, and three recommending a “promote.” Their common worth goal simply above $107 is roughly a 3rd decrease than Palantir’s current ranges.

Shares of Palantir have greater than doubled in worth this yr, as the corporate’s AI software program has turn out to be a mainstay, significantly inside U.S. authorities  businesses.

–Andrew Kessel

Onsemi Leads S&P 500 Decliners After Earnings

11 hr 34 min in the past

ON Semiconductor (ON) was the worst-performing inventory within the S&P 500 Monday, sinking as its chief govt warned clients are being “cautious” and gross sales slide.

The Scottsdale, Ariz., maker of semiconductors and different merchandise targeted on automotive and industrial finish markets reported second-quarter adjusted earnings per share of $0.53, matching the consensus estimate of analysts surveyed by Seen Alpha. Income fell 15% year-over-year to $1.47 billion, however got here in a tick higher than anticipated.

For the present quarter, Onsemi sees adjusted EPS between $0.54 and $0.64 on income between $1.465 billion and $1.565 billion. Analysts had been searching for $0.58 and $1.495 billion, respectively.

“We’re starting to see indicators of stabilization throughout our finish markets, and we stay well-positioned to learn from a market restoration,” Onsemi CEO Hassane El-Khoury mentioned within the firm’s earnings launch.

Onsemi’s automotive income fell 4% quarter-over-quarter to $733 million.

Requested about headwinds within the automotive sector on the corporate’s name with analysts, El-Khoury mentioned that “each Europe and North America are weak,” and that he believes “there’s numerous uncertainty within the automotive market,” in response to an AlphaSense transcript.

Requested for additional remark, El-Khoury mentioned, “You might have the tariff and you could have simply the final uncertainty of finish market demand. So that you see clients ready to the final minute to position an order and an finish.”

ON Semiconductor shares had been down 13% in current buying and selling.

–Aaron Rennie

IDEXX Lab Inventory Soars to Tempo S&P 500 Gainers

12 hr 29 min in the past

Shares of IDEXX Laboratories (IDXX) jumped Monday after the pet well being care firm reported better-than-expected second-quarter outcomes and raised its 2025 revenue and income forecasts.

The Westbrook, Maine-based agency posted GAAP earnings per share of $3.63 on income that elevated 11% year-over-year to $1.11 billion. Analysts surveyed by Seen Alpha had anticipated $3.30 and $1.06 billion, respectively.

IDEXX lifted its full-year EPS projection to a variety of $12.40 to $12.76 from the prior $11.93 to $12.43. It additionally raised its income outlook to $4.205 billion to $4.280 billion from $4.095 billion to $4.210 billion.

“Our concentrate on serving to veterinarians acquire deeper diagnostic insights to tell affected person care continues to drive buyer loyalty and units a strong basis for sustained long-term progress,” IDEXX CEO Jay Mazelsky mentioned.

The inventory was up 26% not too long ago, main S&P 500 advancers. With at the moment’s surge, IDEXX Laboratories shares have added greater than 60% of their worth in 2025.

–Aaron Rennie

Tesla Approves Musk Inventory Award Price $29B

14 hr 6 min in the past

The world’s richest man simply acquired so much richer.

In a regulatory submitting, Tesla (TSLA) reported that CEO Elon Musk would obtain 96 million shares of restricted inventory as a part of an “Interim Award” beneath the electrical car maker’s 2019 Fairness Incentive Plan. At Friday’s closing worth of $302.63, that may worth the settlement at about $29 billion.

The corporate famous the choice got here after the board earlier this yr “established a particular committee … to think about sure compensation issues involving Elon Musk.” That committee, consisting of disinterested administrators Robyn Denholm and Kathleen Wilson-Thompson, made the advice, which was authorised by the board yesterday.

Tesla famous the inventory will vest two years from now, offering Musk stays CEO or holds one other key govt place, and he must pay $23.34 per share for them. Nevertheless, he’ll forfeit all of the award if the courts ultimately determine he can obtain the estimated $56 billion pay package deal from 2018 that was authorised by shareholders. A Delaware decide struck down that deal, agreeing with plaintiffs who argued that it was extreme. 

Tesla shares had been up practically 2% in noon buying and selling Monday, however they’ve misplaced practically 1 / 4 of their worth year-to-date.

–Invoice McColl

What Analysts Consider Palantir Inventory Forward of Earnings

15 hr 22 min in the past

Palantir Applied sciences (PLTR) is scheduled to report second-quarter outcomes after the closing bell Monday, with analysts divided on one in every of 2025’s hottest shares.

Shares of Palantir have greater than doubled in worth this yr, main the best-performing S&P 500 corporations, as the corporate’s AI software program has turn out to be a mainstay, significantly inside U.S. authorities businesses.

Nevertheless, Wall Avenue largely has been cautious of the meteoric rise. The consensus worth goal amongst analysts tracked by Seen Alpha is simply over $107—roughly 30% decrease than Palantir’s Friday shut above $154.

Simply two out of 12 analysts have a “purchase” or equal score for Palantir inventory, alongside seven “maintain” rankings and three “promote” suggestions, in response to Seen Alpha knowledge. One such bull is Wedbush Securities, which final month lifted its Palantir worth goal to $160. To listen to Wedbush analyst Dan Ives inform it, the Avenue has it mistaken.

“We consider the Avenue is underestimating the $1 billion+ income stream that [Palantir’s Artificial Intelligence Platform] US business enterprise can evolve into over the following few years and the know-how aggressive moat that [CEO Alex] Karp & Co. have constructed,” Wedbush mentioned.

For the second quarter, analysts anticipate Palantir to report income of $939.6 million, up 39% year-over-year, and adjusted earnings per share of 14 cents, rising from 9 cents a yr earlier.

Palantir shares had been up about 3% in current buying and selling.

–Andrew Kessel

Amazon Ranges to Watch After Put up-Earnings Slide

16 hr 28 min in the past

Amazon (AMZN) shares are in focus to begin the week after plunging Friday as quarterly outcomes from the e-commerce and cloud supplier didn’t impress traders.

Whereas the corporate posted progress in its Amazon Net Companies enterprise, traders could have anticipated extra after rivals Microsoft (MSFT) and Google dad or mum Alphabet (GOOGL) not too long ago reported sturdy leads to their cloud models. The corporate’s AWS income grew 17.5% in its newest quarter, properly beneath Microsoft’s Azure progress of 39% and trailing the 32% gross sales improve in Google Cloud Platform.2 Following the outcomes, analysts at Jefferies mentioned that AWS progress was “disappointing given huge momentum at Azure and GPC.” 

Amazon shares fell 8% to simply shut Friday’s session at slightly below $215, pushing the inventory into detrimental territory for the yr. Some analysts raised their worth targets on Amazon following the earnings report, with these at JPMorgan analysts saying they “would purchase the pullback.”

Since setting their early-April low, Amazon shares had trended increased inside a rising wedge, a transfer that coincided with the 50-day shifting common (MA) not too long ago crossing above the 200-day MA to kind a bullish golden cross.

Nevertheless, the inventory’s upward momentum ended abruptly Friday, with the worth closing beneath the rising wedge sample’s decrease trendline, doubtlessly laying the groundwork for additional promoting.

Traders ought to watch key assist ranges on Amazon’s chart round $199, $190 and $175, whereas additionally monitoring a serious overhead space close to $233.

The inventory was up barely at round $215.50 in current buying and selling.

Learn the full technical evaluation piece right here.

–Timothy Smith

Inventory Index Futures Level to Greater Open

18 hr 8 min in the past

Futures tied to the Dow Jones Industrial Common had been up 0.5%.

S&P 500 futures additionally gained 0.5%.

Nasdaq 100 futures rose 0.7%.