Tuesday, Oct 7, 2025
It is Day 7 of the government shutdown today, and the market has cooled down from yesterday’s frenzy over the AMD and OpenAI deal.
- The S&P 500 was down 0.4% today after recording a high during the early trading hours.
- Even the Nasdaq Composite was down 0.7%, despite reaching a fresh intraday high at 23,006.
- The Dow Jones Industrial Average was down 0.2%, along with the Russell 2000, which recorded a 1% decline.
The AI bubble is not expected to pop anytime soon, analysts believe, but one such AI-reliant company, Oracle, slipped after reports of shrinking margins in its cloud business. The stock fell 2.5% today.
Image source: TheStreet
However, the biggest news came for those investing in Gold as a safe haven amid government uncertainty.
Gold crossed the 4000 mark, which Goldman & Sachs analysts predicted in their report in September, highlighting,
The precious metal has risen more than 40% in 2025 and is on pace for its third-straight year of double-digits gain. It will rise 6% through the middle of 2026, underpinned by fresh demand from key group of buyers who have contributed to a series of record highs for the yellow metal.
The surge occurred sooner than expected, and several reports indicate that they have already raised their December 2026 gold forecast price target to $4,900.
Here are the stocks that made big market moves today
Five S&P 500 stocks making big moves today are:
- Applovin Corp APP: +7.6%
- PayPal Holding PYPL: +4.7%
- Estee Lauder EL: +4.5%
- Advanced Micro Devices AMD: +3.8%
- Dell Technologies DELL: +3.5%
The worst-performing five S&P 500 stocks today are:
- Seagate Technology STX: -7.3%
- Ford Motor CoF: -6.1%
- D.R. Horton Inc DHI: -6%
- Lam Research Corp LRCX: -5.9%
- Applied Materials Inc AMAT: -5.5%
Stocks also worth noting include:
- Oracle ORCL: -2.4%
- Alibaba BABA: -3.2%
- PlugPower PLUG: -6.4%
- Sofi Technologies SOFI: +6.8%
- Netflix NFLX: +2.4%
- Palantir PLTR: +1.5%
Is Tesla’s new product reveal already generating losses?
Tesla (TSLA) unveiled the cheaper versions of its two main EVs on Tesla’s X.
The company’s stock fell 4.5% at closing.
More Tesla:
- Tesla’s record-breaking quarter disappoints investors
- Ford takes Tesla EV battle to the NFL
- Tesla driver shares FSD safety flaw in a concerning video
The new models, called Model 3 Standard and Model Y Standard, will have a starting price of $38,630 and $41,630, respectively. This price includes the destination and order fees.
The cars, which will be available in November or December, follow the expiration of the $7,500 EV tax credit for American buyers and will serve as a means to retain customer interest in these segments.
Related: Tesla breaks Q3 delivery records, but headaches loom
When Musk teased the car on Monday, the stock gained 5% but declined on Tuesday, marking a 2.6% decline in its stock this week.
Tesla also released its Fully Self-driving Supervised V14.1 version earlier on Tuesday.
PayPal experiences temporary relief
Following the release of its new product, PayPal Ads Manager, PayPal’s (PYPL) stock rose 4.7% today, providing brief relief from its otherwise declining performance this quarter.
The new PayPal Ads Manager will enable small businesses that use PayPal to run ads on their own online stores, generating extra revenue.
Since 99.9% of all businesses in the US are small businesses, it will be a beneficial way for users to enter the otherwise complex and competitive world of digital advertising.
Mark Grether, SVP and General Manager of PayPal Ads, explained,
Small businesses are the backbone of our economy, but they’ve been locked out of the retail media revolution that’s transforming how major retailers generate revenue. We’re enabling small businesses to participate in the same high-margin advertising model that’s powering growth at some of the largest companies in the world.
Related: Analyst sends surprising message on AppLovin stock
Businesses will simply have to opt in for PayPal to set targeted ads for shoppers, and this will come with no upfront cost or minimum commitment. It will be first made available in the US in early 2026, followed by the UK and Germany.
Applovin’s volatile journey
After news broke on Monday that the Securities Exchange Commission (SEC) is investigating ad-tech company Applovin’s (APP) , data-collection practices, its stock fell 14% during trading hours.
However, on Tuesday, it became a top S&P 500 performer with the stock up 7.6%, increasing its year-to-date change to 95%.
Analyst firm Oppenheimer seemed undeterred and remained bullish on the stock, maintaining an Outperform rating with a price target of $740. However, it also acknowledged that these reports, along with FOIA reports, could result in more volatility in the near term.
And Citi views this as a buying opportunity for investors, recommending that shares be purchased on weakness following the earlier Bloomberg report and believing the market expectation of a $680 million revenue hit is “extreme”, as reported by TheFly.
Related: Iconic retailer makes comeback after closing 100s of stores
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