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Market Pullback Amid Shutdown Woes and Tech Sector Jitters
Stock Market News· 2025-10-07 20:07
U.S. equities experienced a broad pullback on Tuesday, October 7, 2025, as investors digested ongoing concerns about the government shutdown and a notable dip in the technology sector. After a strong run of gains, major market indexes closed lower, signaling a cautious mood on Wall Street. The S&P 500 Index declined by 0.4%, marking its first drop in eight sessions. The tech-heavy Nasdaq Composite fell 0.7%, while the Dow Jones Industrial Average slipped 105 points, or 0.2%. This retracement comes after bot ...
Marjorie Taylor Greene 'Disgusted' With GOP Stance, Open To Healthcare Talks With Democrats: 'Going To Go Against Everyone' - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-10-07 14:49
Rep. Marjorie Taylor Greene (R-Ga.) expressed willingness to discuss health care with Democrats, breaking from her party's stance amid the government shutdown.Greene Urges Action On Premiums But Opposes Immigrant Health CareGreene took to the social media platform X on Monday to express her dismay at the possibility of health insurance premiums doubling if the tax credits linked to the Affordable Care Act (ACA) expire. Despite her strong opposition to the ACA and health insurance in general, Greene emphasiz ...
AMD-OpenAI Seal Deal: Your Signal to Ride the Wave With AMD-Heavy ETFs
ZACKS· 2025-10-07 14:21
In a landmark move that sent shockwaves across the global tech sector, Advanced Micro Devices ((AMD) and OpenAI signed a strategic partnership, worth multi-billion dollars, on Oct. 6, 2025. This strategic agreement entails OpenAI deploying 6 gigawatts (GW) of computing power using AMD’s Instinct GPUs, in addition to including a warrant for OpenAI to acquire a stake of up to 10% in AMD. As one can imagine, this announcement sparked a significant surge in AMD’s share price, which soared almost 24% in the last ...
EPAM and Oracle Collaborate to Accelerate Adoption of AI-Powered Cloud Solutions
Prnewswire· 2025-10-07 14:02
Expanded collaboration helps businesses streamline multi-cloud transformation — addressing the need for greater scalability, efficiency and cost-effectiveness , /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has expanded its collaboration with Oracle to help enterprises across industries — including healthcare, life sciences, financial services and insurance — to integrate Oracle Cloud Infrastructure (OCI) and AI ...
The market's like a paddling duck—calm on top, chaos underneath, says RBC's Amy Wu Silverman
Youtube· 2025-10-07 13:17
All right. So, just a lot going on in the world, Amy. Just a lot going on.Government shutdown. We mentioned tariffs and everything else. But the VIX has really been kind of muted.It's been muted like well below the highs of earlier this year when you first got those tariff announcements. So, I want to ask you when in the options market, isn't this the play to own the VIX. Whether you it's calls or puts or inverse.I mean, isn't that the place to be. Because what are the chance the volatility stays the same g ...
Freshworks Appoints Enrique Ortegon as Senior Vice President and General Manager of Americas Field Sales
Globenewswire· 2025-10-07 12:00
Former DocuSign and Salesforce executive joins to drive growth and customer expansion across North and South AmericaSAN MATEO, Calif., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Freshworks (NASDAQ: FRSH), today announced Enrique Ortegon as its new Senior Vice President and General Manager of Americas Field Sales, bringing over two decades of leadership experience in enterprise SaaS and go-to-market strategy. Enrique will lead Freshworks' growth strategy and operations across North and South America, supporting the c ...
Archer Aviation (ACHR) Jumps 17.9% on Tesla eVTOL Buzz
Yahoo Finance· 2025-10-07 11:25
We recently published 10 Stocks Investors Are Gobbling Up. Archer Aviation Inc. (NYSE:ACHR) is one of the top performers on Monday. Archer Aviation extended its winning streak to a fourth straight day on Monday to be just 11 cents shy of its 52-week high, as investors snapped up on developments in the electric vertical take-off and landing (eVTOL) industry amid speculations that Tesla Inc. may soon join the sector. During the session, Archer Aviation Inc. (NYSE:ACHR) soared to a five-month high of $13.81 ...
What Do Analysts Think About Caleres (CAL)?
Yahoo Finance· 2025-10-07 06:16
Caleres, Inc. (NYSE:CAL) is one of the most undervalued retail stocks to invest in. Caleres, Inc. (NYSE:CAL) reported its fiscal Q2 2025 results on September 4, with reported consolidated sales of $658.5 million, down 3.6% versus the prior year. Brand Portfolio sales also dropped 3.5%. Is Caleres, Inc. (CAL) the Underperforming Stock Targeted By Short Sellers? However, the company experienced gains in women’s fashion footwear market share and strong performance from Lead Brands in total, with a tariff im ...
Where is Carter’s, Inc. (CRI) Headed According to Analysts?
Yahoo Finance· 2025-10-07 06:16
Carter’s, Inc. (NYSE:CRI) is one of the most undervalued retail stocks to invest in. Carter’s, Inc. (NYSE:CRI) reported net sales of $585 million in its fiscal Q2 2025 results as compared to $564 million in the prior year period, reflecting a growth of 4%. Adjusted EPS for the quarter reached $0.01 compared to $0.76 in fiscal Q2 2024. 30 Countries With the Largest Percentage of Young Population Following the earnings release, Citi analyst Paul Lejuez maintained a Hold rating on the stock on 29th July, br ...
Where is Macy’s Inc. (M) Headed According to Wall Street?
Yahoo Finance· 2025-10-07 06:16
Macy’s Inc. (NYSE:M) is one of the most undervalued retail stocks to invest in. On September 18, Morgan Stanley raised the firm’s price target on Macy’s Inc. (NYSE:M) to $16 from $12 while keeping an Equal Weight rating on the shares. The Most Successful Celebrity Beauty Company in the World A female customer shopping for beauty products in a modern store. The firm told investors that it updated its models for the company and several other retailers after their Q2 earnings. However, in a report release ...