S&P 500 Gains and Losses Today: Amex Stock Hits Record High; Oracle and Newmont Plunge
Investopedia·2025-10-17 20:50

Key Points - Oracle shares fell nearly 7% despite a 75% increase year-to-date, with analysts expressing concerns over capital expenditure details and reliance on major customers like OpenAI [1][9] - American Express shares surged 7.3% to an all-time high after beating quarterly earnings estimates, with revenue rising 11% year-over-year to a record $18.43 billion, driven by high-end card launches and affluent customer spending [4][8] - Kenvue stock rebounded 8.4% after a lawsuit in the U.K. linked its baby powder to cancer, recovering some losses from the previous session [3] - Gilead Sciences shares increased by 4.2% following a price target boost from Goldman Sachs after positive Phase 3 study results for its cancer treatment Trodelvy [5] - Truist Financial reported better-than-expected third-quarter results, with shares rising 3.7% due to increased fee income from wealth management and mortgage banking [6] - Gold prices retreated from record levels, impacting shares of Newmont, the largest gold producer, which dropped 7.6% [6][8]