S&P 500 Gains and Losses Today: Intel Soars Amid Apple Deal Rumors; Eli Lilly Stock Slides

Core Insights - Intel emerged as the best-performing stock in the S&P 500, with shares surging 10.2% due to speculation about becoming a foundry supplier for Apple processors [2][8] - Major U.S. equities indexes experienced their best week since June, with the S&P 500 rising 0.5%, the Dow increasing by 0.6%, and the Nasdaq up by 0.7% [2] - Eli Lilly shares declined by 2.6%, reversing some gains that had previously pushed its market capitalization above $1 trillion [6][8] Company Performance - Intel's stock performance was driven by analyst speculation regarding a potential deal with Apple, which has fueled rumors throughout the year [2][8] - Sandisk's shares rose nearly 4% following its debut in the S&P 500, benefiting from increased demand due to its spin-off from Western Digital and strong AI-driven demand for memory pricing [3] - EQT, a natural gas producer, saw its shares gain over 3% as natural gas futures prices increased due to lower temperatures and higher demand for heating fuel [4] Market Trends - Cryptocurrency prices, including Bitcoin, rebounded, with Bitcoin surpassing $90,000, leading to a 3% increase in shares of Coinbase Global [5] - Several AI-related stocks faced pressure, with Nvidia shares falling 1.8% and Oracle shares declining by 1.5% amid competitive concerns [9]