Charles Schwab (NYSE:SCHW), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:
Bit Origin saw retail chatter surge 1,066% in 24 hours after the company announced on Thursday that it had secured deals to raise up to $400 million to launch a new Dogecoin treasury plan.
Shares of freight rail services provider CSX (NASDAQ:CSX)
jumped 3.1% in the afternoon session after a report revealed that rival railroad operator Union Pacific (NYSE: UNP) was exploring a potential acquisition.
Shares of freight transportation company Union Pacific (NYSE:UNP)
fell 3.2% in the pre-market session after reports revealed the company was considering a major acquisition of an East Coast railroad.
The Nasdaq Composite extended its record-setting streak to three straight sessions, while the broader S&P 500 Index closed within 20 points of a record high.
Analysts highlighted momentum in oncology and MedTech, with Wells Fargo calling the second-half growth acceleration “achievable” and Morgan Stanley noting visibility risks from drug pricing and tariff policy.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
fell 4.2% in the afternoon session after the stock continued its downtrend as investors weighed concerns over slowing user growth and the sustainability of its marketing-driven expansion. The language-learning app's stock has been under pressure with no specific company news released today. The negative sentiment appears to be a carryover from recent analyst commentary and bearish articles. Earlier in the month, on July 8, Morgan Stanley lowered its price target on the stock, citing a slowdown in U.S. daily active user growth following the company's "AI-First" initiative.
Volatility surged across interest rate-sensitive assets Wednesday after reports circulated that President Donald Trump may be preparing to remove Federal Reserve Chair Jerome Powell from his post. The rumors sparked fears over the Fed's independ
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 3.8% in the morning session after a warning from European peer ASML (ASML) about potential growth uncertainty in 2026 due to U.S. tariff policies.
Let's delve into the developments on the US markets in the middle of the day on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
According to a report by Bloomberg, which cited people familiar with the matter, President Trump has toned down his confrontation with China compared to his presidential campaign, as he seeks to achieve quick wins.
