Fastcompanyยท2025-09-18 17:45Market Overview - Wall Street is experiencing a rally, with the S&P 500 rising 0.5% and approaching its all-time high, while the Dow Jones Industrial Average increased by 88 points (0.2%) and the Nasdaq composite rose by 1% [3] - Encouraging economic reports have contributed to rising Treasury yields in the bond market, with manufacturing growth in the mid-Atlantic region exceeding expectations and a decrease in unemployment benefit applications [5][6] Company Highlights - Intel's stock surged by 29.3%, marking its best day since 1973, following Nvidia's announcement of a $5 billion investment in Intel's stock as part of a collaboration to develop products for data centers and personal computers [4] - Nvidia's stock increased by 3.4%, significantly contributing to the S&P 500's performance as it remains Wall Street's most valuable company [4] - Novo Nordisk's stock rose by 5.8% after a study indicated that its once-a-day pill version of Wegovy significantly aids weight loss and its Ozempic product reduces health risks for type 2 diabetes patients [10] Cryptocurrency Market - Stocks in the cryptocurrency sector saw substantial gains, with Coinbase Global rising by 7.8%, Bullish by 11.3%, and Circle Internet Group by 6.1%, as Bitcoin surpassed $117,500 following the Fed's interest rate cut [11] Underperforming Companies - Darden Restaurants, which operates Olive Garden, saw its stock decline by 9.5% after reporting a profit below analysts' expectations, despite raising its revenue growth forecast [12] - Cracker Barrel's stock fell by 4.8% due to weaker-than-expected profit results and a revenue forecast that did not meet analysts' expectations [13] - The Walt Disney Co. experienced a 1.5% drop in stock price after its ABC division suspended Jimmy Kimmel's late-night show indefinitely due to controversial comments [14]