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S&P 500 Gains & Losses Today: Intel Stock Jumps After Nvidia Buys Stake; FactSet Falls
Investopediaยท2025-09-18 21:00

Core Insights - Nvidia announced a $5 billion investment in Intel, leading to a significant surge in Intel's stock price by 23% on the day of the announcement [4][9] - The collaboration between Nvidia and Intel focuses on developing advanced chips for computers and data centers, indicating a strong partnership in the semiconductor industry [4][9] - The S&P 500 index reached an all-time closing high, reflecting positive market sentiment following the Federal Reserve's interest rate cut [3] Company Performance - Intel's stock performance was notably strong, driven by Nvidia's investment and partnership announcement, which outpaced other stocks in the S&P 500 [4][9] - Synopsys, a partner of Intel, saw its shares increase by 13% due to anticipated demand from Intel, recovering from a previous decline after disappointing earnings [5] - CrowdStrike's shares surged by 13% after the company provided an improved outlook for annual recurring revenue, indicating a recovery from past challenges [6] Financial Data Provider Performance - FactSet Research Systems experienced a significant decline in its stock, dropping over 10% after reporting quarterly earnings that fell below consensus estimates and facing margin pressure [7][9] - Darden Restaurants reported lower-than-expected quarterly profits, leading to a 7.7% drop in its shares, despite meeting revenue estimates through same-store sales growth [10] - Nucor's shares fell by 6% after the company provided lower-than-expected profit guidance for the third quarter, citing pressures across key segments [11]