Wednesday, Oct 8, 2025
The market rebounded from yesterday’s slump and set new records on Wednesday, partly buoyed by optimism over the Fed’s minutes of the meeting and partly bullish over AI.
- The S&P 500 was up 0.6% on Wednesday, recording a fresh high at $6,755.
- The tech-heavy Nasdaq Composite, led by AMD and Micron, rose 1.1% at the close.
- The Dow Jones Industrial Average, despite opening at a high, lost all its gains by the close, mainly remaining unchanged at $46,601.8.
- The Russell 2000 also gained 1% at the close.
Gold and technology have been the winners this quarter so far, riding on government uncertainties, geopolitical tensions, and AI bubbles, which at this point do not appear to be transient.
Gold continued its rally, up 1.4%, along with the other precious metal, Silver, which was up 1.8%, and both recorded new highs.
The Federal Reserve released the minutes of its meeting today, further cementing optimism over future rate cuts and a possible easing of policies.
Optimism over artificial intelligence and future profit realizations led AMD (AMD) to retain its gains, with the stock up 11.4% today, followed by Dell Technologies’ (DELL) stock, which soared 9% on Wednesday.
CoreWeave (CRWV) rallied 8.7%, continuing its upward trend in the AI product offerings space.
Not to forget, Pepsi (PEP) , Tilray (TLRY) , Delta Air Lines (DAL) , and Levi Strauss (LEVI) will be releasing their company earnings tomorrow, and these stocks will be worth looking at during trading.
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Here are the most active Stocks today
Five S&P 500 stocks making big moves today are:
- Advanced Micro Devices AMD: +11.4%
- Dell Technologies DELL: +9.1%
- Arista Networks ANET: +8.3%
- Super Micro Computer SMCI: +6.5%
- Tyler Technologies: +6.5%
The worst-performing five S&P 500 stocks today are:
- Fair Isaac Corp: -9.8%
- Warner Bros Discovery: -3.8%
- Corteva Inc: -3.8%
- Alexandria Real Estate Equities: -4.5%
- Live Nation Entertainment LYV: -3.5%
Stocks also worth noting include:
- Nvidia NVDA: +2.2%
- Micron MU: +5.8%
- Robinhood HOOD: +4%
- Snowflake SNOW: +6.6%
- Microsoft MSFT: +0.2%
Analysts bullish on Dell
Dell (DELL) stock surged 9% on Wednesday after the company announced an increase in its annual growth performance expectations.
The company raised its annual revenue growth target to 7-9% from its previously stated target of 3-4%.
More Tech Stocks:
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- OpenAI’s deal with AMD proves AI race has just begun
- Goldman Sachs tweaks Nvidia’s stock price target with a twist
- The stock market laughed, then Palantir redefined the fight
Michael Dell, chairman and CEO of Dell Technologies, shared his belief in AI,
While Vice Chairman and COO Jeff Clarke stated that “We’re actively driving the changes that are shaping the future of AI infrastructure as evidenced by growing AI into a $20 billion business in two years.”
Analysts are taking this revision in stride, with Mizuho raising its price target to $170 from $160, while maintaining an Outperform rating. The firm attributes this to strong demand for AI over the next 12-18 months, as reported by TheFly.
JP Morgan also raised its price target following the announcement, to $165 from $145, and maintains an overweight rating, citing Dell’s strong cash flow and capital return as evidence.
AMD continues to soar amid AI optimism
Advanced Micro Devices’ (AMD) stock continued to soar again today, its stock up 11.4% on Wednesday, leading the S&P 500.
The surge followed Nvidia’s CEO Jensen Huang’s comment on AMD’s deal with OpenAI, describing it as “surprising” and “imaginative.”
AMD’s stock saw a 43% increase this month, soaring on its 6-gigawatt deal with OpenAI, which includes warrants for up to $160 million of AMD’s shares.
Related: Surprising AI deal puts AMD under the spotlight
“I’m surprised that they would give away 10% of the company before they even built it. And so anyhow, it’s clever, I guess,” Huang said in an interview with CNBC.
CoreWeave makes training AI agents simpler
CoreWeave (CRWV) , a cloud infrastructure company that recently made headlines with its $14.2 billion cloud computing deal with Meta, is gaining further momentum with its acquisition of Monolith AI Limited.
The company’s stock rose 8.7% on Wednesday, resulting in a 49% gain for the month.
Related: CoreWeave’s quiet AI deal hints at a much bigger play
CoreWeave, which became public in March of this year, became the largest tech IPO since 2021, raising $1.5 billion in its IPO.
On Wednesday, the company also announced a fully managed Serverless Reinforcement Learning (RL) capability to train sophisticated AI agents.
Peter Slanki, Co-founder and CTO of CoreWeave, explained,
Being fast to market is critical, and equally important is the elegance and ease of use we are now giving AI pioneers across labs, enterprises, and startups to fine-tune large language models and build AI agents with confidence. We are integrating infrastructure, RL frameworks, and developer tools for the AI era to help enterprises of any size unlock the value of AI gents. This sets CoreWeave apart.
Additionally, on Monday, CoreWeave also announced the acquisition of Monolith, a London-based company specialising in AI and machine learning solutions, but the financial terms of the deal were not disclosed.
Related: Fund manager resets forecast for what happens to stocks next
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