Benzingaยท2025-09-25 01:55Market Overview - U.S. stocks experienced a decline on Wednesday, with the Nasdaq dropping over 75 points, or 0.3%, closing at 22,497.85. The Dow Jones Industrial Average fell 0.37% to 46,121.28, while the S&P 500 eased 0.3% to 6,637.97 [1] Notable Stock Movements - Alibaba Group Holding Ltd.: The stock surged by 8.19%, closing at $176.44, with an intraday high of $180.16 and a low of $162.80. The 52-week range is $80.06 to $180.16. This rise followed CEO Eddie Wu's announcement of plans to expand the company's $53 billion investment in AI infrastructure [1][2] - Intel Corp.: Shares climbed 6.41% to close at $31.22, reaching a high of $31.70 and a low of $29.23. The stock's 52-week range is $17.67 to $32.38. The increase was driven by reports of Intel seeking an investment from Apple Inc., with discussions still in preliminary stages [3] - UniQure N.V.: The stock skyrocketed by 247.73%, closing at $47.50, with a high of $51.21 and a low of $37.12. The 52-week range is $4.45 to $51.21. This dramatic rise followed the announcement of positive results from its Phase I/II study of AMT-130 for Huntington's Disease, indicating significant slowing of disease progression [4] - Tesla Inc.: The stock increased by 3.98%, closing at $442.79, with an intraday high of $444.21 and a low of $429.03. The 52-week range is $212.11 to $488.54. Tesla secured a patent for its upcoming Cybercab, part of its innovative unboxed production process [5] - Opendoor Technologies Inc.: Shares jumped 16.24% to $8.23, with a high of $8.48 and a low of $7.31. The 52-week range is $0.51 to $10.87. In after-hours trading, the stock rose 10.3% to $9.08, following Jane Street Group's disclosure of a 5.9% stake in the company, boosting investor confidence [6]