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S&P 500 Gains and Losses Today: Apple, Supermicro Surge; Oracle Stock Extends Losses
Investopediaยท2025-10-20 21:05

Group 1: Apple Inc. - Apple shares reached a record high, climbing nearly 4% following strong demand for the iPhone 17 in the U.S. and China [4][9] - Sales of the iPhone 17 significantly outpaced those of the previous model in the first 10 days of availability, according to Counterpoint Research [4] Group 2: Super Micro Computer - Shares of Super Micro Computer increased by 5.5% as a technical analyst suggested a potential bullish cup and handle pattern [5] - The company has garnered attention for opportunities related to AI infrastructure, despite a slump in August due to missed sales and profit forecasts [5] Group 3: Natural Gas Market - Natural gas prices rose due to forecasts of colder weather, increasing expectations for heating-related demand [6] - Expand Energy, the largest natural gas producer in the U.S., saw its shares surge by 6%, while EQT Corp. shares gained close to 5% [6] Group 4: AppLovin Corp. - AppLovin's stock dropped 5.6% amid intensifying regulatory scrutiny and an ongoing investigation by the SEC into its data-collection practices [7] Group 5: Oracle Corporation - Oracle shares fell nearly 5% as concerns arose regarding the company's capital expenditure plans and reliance on revenue from OpenAI [10][9] - The company had set ambitious growth targets at its Oracle AI World conference, which raised skepticism among analysts [10] Group 6: Data Storage Companies - Shares of Seagate Technology and Western Digital fell by 4.9% and 3.7%, respectively, despite UBS raising their price targets [11] - Analysts suggested that while demand trends driven by AI infrastructure are strong, a potential cyclical downturn could occur in 2027 [11]