Nvidia, Qualcomm, Apple, Wendy's, and More Stocks That Explain Today's Market

Dow Jones06-25 23:40

So much for the artificial-intelligence trade revival as investors on Thursday continued to rotate out of high-flying AI stocks even after blockbuster earnings from Micron. Following a key Federal Reserve inflation gauge matching expectations, the Dow Jones Industrial Average rose while the tech-heavy Nasdaq Composite fell 0.8%.

Micron Technology rallied 13% after the company beat analysts' third-quarter earnings target and revenue surged 346% from a year ago.

Other memory stocks also got a boost from those results: flash memory product manufacturer Sandisk jumped 15%, while hard disk drive makers Seagate Technology and Western Digital were up 2.6% and 4.8%, respectively.

Qualcomm gained 3.8% after the chip maker almost doubled its fiscal 2029 non-handset sales target and revealed that Facebook parent Meta Platforms was one of its customers.

Nvidia dropped 2% to $195.18. Nvidia appeared to be establishing a trading range with a floor of roughly $200 after breaking through that level in April. However, shares fell through that floor on Thursday.

These stocks also were making moves:

Bio-Techne rose 20% to $70.53, leading the S&P 500. Germany's Merck KGaA announced it agreed to acquire Bio-Techne for $73 a share, representing a 24% premium based on the stock's closing price from Wednesday.

Apple fell 5.5%, making it one of the worst performing S&P 500 components. The tech giant implemented price hikes on some of its products, increasing investor concerns after what started out as a comeback year.

Chip equipment company Applied Materials advanced 6.7% and glassmaker Corning rose 8.3%.

Chip manufacturer Intel fell 1.3%. Chips and networking company Marvell Technology declined 0.8%.

SpaceX moved 0.9% lower as the volatile trading of Elon Musk's rocket and AI company seems to be subsiding.

Wendy's surged earlier in the session before falling 5%. Retail investors have been piling into the fast-food chain following a flurry of posts about it on Reddit's WallStreetBets investing forum.

Write to George Glover at george.glover@dowjones.com and Kit Norton at kit.norton@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

June 25, 2026 11:40 ET (15:40 GMT)

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Following a key Federal Reserve inflation gauge matching expectations, the Dow Jones Industrial Average rose while the tech-heavy Nasdaq Composite fell 0.8%. \n</p>\n<p>\n  Micron Technology rallied 13% after the company beat analysts' third-quarter earnings target and revenue surged 346% from a year ago. \n</p>\n<p>\n  Other memory stocks also got a boost from those results: flash memory product manufacturer Sandisk jumped 15%, while hard disk drive makers Seagate Technology and <a href=\"https://laohu8.com/S/WDCVV\">Western Digital</a> were up 2.6% and 4.8%, respectively. \n</p>\n<p>\n  Qualcomm gained 3.8% after the chip maker almost doubled its fiscal 2029 non-handset sales target and revealed that Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> was one of its customers. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> dropped 2% to $195.18. Nvidia appeared to be establishing a trading range with a floor of roughly $200 after breaking through that level in April. However, shares fell through that floor on Thursday. \n</p>\n<p>\n  These stocks also were making moves: \n</p>\n<p>\n  Bio-Techne rose 20% to $70.53, leading the S&amp;P 500. Germany's <a href=\"https://laohu8.com/S/MKGAF\">Merck KGaA</a> announced it agreed to acquire  Bio-Techne for $73 a share, representing a 24% premium based on the stock's closing price from Wednesday. \n</p>\n<p>\n  Apple fell 5.5%, making it one of the worst performing S&amp;P 500 components. The tech giant implemented price hikes on some of its products, increasing investor concerns after what started out as a comeback year. \n</p>\n<p>\n  Chip equipment company Applied Materials advanced 6.7% and glassmaker Corning rose 8.3%. \n</p>\n<p>\n  Chip manufacturer Intel fell 1.3%. Chips and networking company Marvell Technology declined 0.8%. \n</p>\n<p>\n  SpaceX moved 0.9% lower as the volatile trading of Elon Musk's rocket and AI company seems to be subsiding. \n</p>\n<p>\n  Wendy's surged earlier in the session before falling 5%. Retail investors have been piling into the fast-food chain following a flurry of posts about it on <a href=\"https://laohu8.com/S/RDDT\">Reddit</a>'s WallStreetBets investing forum. \n</p>\n<p>\n  Write to George Glover at george.glover@dowjones.com and Kit Norton at kit.norton@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2026 11:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia, Qualcomm, Apple, Wendy's, and More Stocks That Explain Today's Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia, Qualcomm, Apple, Wendy's, and More Stocks That Explain Today's Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-25 23:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  So much for the artificial-intelligence trade revival as investors on Thursday continued to rotate out of high-flying AI stocks even after blockbuster earnings from Micron. Following a key Federal Reserve inflation gauge matching expectations, the Dow Jones Industrial Average rose while the tech-heavy Nasdaq Composite fell 0.8%. \n</p>\n<p>\n  Micron Technology rallied 13% after the company beat analysts' third-quarter earnings target and revenue surged 346% from a year ago. \n</p>\n<p>\n  Other memory stocks also got a boost from those results: flash memory product manufacturer Sandisk jumped 15%, while hard disk drive makers Seagate Technology and <a href=\"https://laohu8.com/S/WDCVV\">Western Digital</a> were up 2.6% and 4.8%, respectively. \n</p>\n<p>\n  Qualcomm gained 3.8% after the chip maker almost doubled its fiscal 2029 non-handset sales target and revealed that Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> was one of its customers. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> dropped 2% to $195.18. Nvidia appeared to be establishing a trading range with a floor of roughly $200 after breaking through that level in April. However, shares fell through that floor on Thursday. \n</p>\n<p>\n  These stocks also were making moves: \n</p>\n<p>\n  Bio-Techne rose 20% to $70.53, leading the S&amp;P 500. Germany's <a href=\"https://laohu8.com/S/MKGAF\">Merck KGaA</a> announced it agreed to acquire  Bio-Techne for $73 a share, representing a 24% premium based on the stock's closing price from Wednesday. \n</p>\n<p>\n  Apple fell 5.5%, making it one of the worst performing S&amp;P 500 components. The tech giant implemented price hikes on some of its products, increasing investor concerns after what started out as a comeback year. \n</p>\n<p>\n  Chip equipment company Applied Materials advanced 6.7% and glassmaker Corning rose 8.3%. \n</p>\n<p>\n  Chip manufacturer Intel fell 1.3%. Chips and networking company Marvell Technology declined 0.8%. \n</p>\n<p>\n  SpaceX moved 0.9% lower as the volatile trading of Elon Musk's rocket and AI company seems to be subsiding. \n</p>\n<p>\n  Wendy's surged earlier in the session before falling 5%. Retail investors have been piling into the fast-food chain following a flurry of posts about it on <a href=\"https://laohu8.com/S/RDDT\">Reddit</a>'s WallStreetBets investing forum. \n</p>\n<p>\n  Write to George Glover at george.glover@dowjones.com and Kit Norton at kit.norton@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2026 11:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0345768153.USD","symbol_name":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646049038","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646049038","pubTimestamp":1782402000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"So much for the artificial-intelligence trade revival as investors on Thursday continued to rotate out of high-flying AI stocks even after blockbuster earnings from Micron. 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Following a key Federal Reserve inflation gauge matching expectations, the Dow Jones Industrial Average rose while the tech-heavy Nasdaq Composite fell 0.8%. \n\n\n  Micron Technology rallied 13% after the company beat analysts' third-quarter earnings target and revenue surged 346% from a year ago. \n\n\n  Other memory stocks also got a boost from those results: flash memory product manufacturer Sandisk jumped 15%, while hard disk drive makers Seagate Technology and Western Digital were up 2.6% and 4.8%, respectively. \n\n\n  Qualcomm gained 3.8% after the chip maker almost doubled its fiscal 2029 non-handset sales target and revealed that Facebook parent Meta Platforms was one of its customers. \n\n\nNvidia dropped 2% to $195.18. Nvidia appeared to be establishing a trading range with a floor of roughly $200 after breaking through that level in April. However, shares fell through that floor on Thursday. \n\n\n  These stocks also were making moves: \n\n\n  Bio-Techne rose 20% to $70.53, leading the S&P 500. Germany's Merck KGaA announced it agreed to acquire  Bio-Techne for $73 a share, representing a 24% premium based on the stock's closing price from Wednesday. \n\n\n  Apple fell 5.5%, making it one of the worst performing S&P 500 components. The tech giant implemented price hikes on some of its products, increasing investor concerns after what started out as a comeback year. \n\n\n  Chip equipment company Applied Materials advanced 6.7% and glassmaker Corning rose 8.3%. \n\n\n  Chip manufacturer Intel fell 1.3%. Chips and networking company Marvell Technology declined 0.8%. \n\n\n  SpaceX moved 0.9% lower as the volatile trading of Elon Musk's rocket and AI company seems to be subsiding. \n\n\n  Wendy's surged earlier in the session before falling 5%. Retail investors have been piling into the fast-food chain following a flurry of posts about it on Reddit's WallStreetBets investing forum. \n\n\n  Write to George Glover at george.glover@dowjones.com and Kit Norton at kit.norton@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 25, 2026 11:40 ET (15:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646049038","isCrawlerRequest":true}