S&P 500 Gains and Losses Today: Index Hits New High as Nvidia Climbs to Fresh Record

Nvidia - Nvidia shares surged 5% to an all-time high following CEO Jensen Huang's keynote at the developers conference, highlighting the company's pivotal role in the AI boom [3][7] - The company announced a $1 billion investment in Nokia, which saw its shares increase by nearly 23%, and a collaboration with Oracle to build AI supercomputers for the U.S. Department of Energy [3][7] - Nvidia is also partnering with Palantir Technologies to develop an integrated AI technology stack [3] Regeneron Pharmaceuticals - Regeneron shares rose close to 12% after reporting stronger-than-expected quarterly earnings, driven by robust sales of eczema treatment Dupixent and skin cancer treatment Libtayo [4] Skyworks Solutions and Qorvo - Skyworks Solutions and Qorvo announced a merger plan, with both companies' shares increasing by about 6% amid challenges from major customer Apple, which is developing its own modem chips [5] United Parcel Service (UPS) - UPS shares increased by 8% after exceeding analysts' estimates for third-quarter revenue and adjusted earnings per share, indicating progress on a turnaround plan that includes operational streamlining and workforce reduction [6][8] Alexandria Real Estate Equities - Alexandria Real Estate Equities missed estimates for third-quarter revenue and adjusted funds from operations (AFFO), leading to a nearly 20% drop in shares, the largest decline among S&P 500 constituents [9] Royal Caribbean Cruises - Royal Caribbean shares fell 8.5% after reporting third-quarter revenue slightly below expectations and a weaker-than-expected outlook for the fourth quarter, impacted by weather disruptions and increased operating costs [10]