Inventory Indexes Retreat From Document Highs; Fed Chair Powell Offers First Feedback Since Charge Lower

Kenvue Inventory Recoups Losses After Trump Hyperlinks Tylenol to Autism

7 minutes in the past

Kenvue inventory is rebounding. It might be a largely a case of things-could’ve-been- worse.

Kenvue (KVUE) shares have been just lately up some 3%, recovering a bit after a greater than 7% selloff Monday in anticipation of President Donald Trump’s feedback concerning Tylenol, certainly one of its core merchandise, and autism. Trump on Monday night stated taking Tylenol whereas pregnant is “not good,” however his administration in a reality sheet stated that “proof doesn’t definitively set up causality” between acetaminophen, the energetic ingredient in Tylenol, and autism.

By noon Tuesday, Kenvue shares had recovered virtually 60% of their losses since Friday’s shut. Some buyers appear to have anticipated extra regulation of Tylenol within the administration’s plan to sort out what it calls an “autism epidemic,” Citi analysts stated late yesterday.

Trump-administration coverage mirrored “a better-than-feared final result, as some buyers had feared an outright ban of Tylenol (or extra extreme gross sales limitations) and/or the discharge of latest scientific knowledge establishing [a] direct causal hyperlink between acetaminophen and autism,” the analysts stated.

Tylenol represents about 10% of Kenvue’s gross sales and generates 12% to fifteen% of its working revenue, Citi estimates. Kenvue’s self-care section, which incorporates Tylenol, Motrin, Benadryl, and different medicines, generated about 42% of the corporate’s gross sales final fiscal yr, in line with its annual report.

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–Sarina strangle

Paramount Skydance Inventory Pops; Former Trump Antitrust Official Reportedly Near Becoming a member of Authorized Staff

33 minutes in the past

Paramount Skydance (PSKY) was the top-performing inventory within the S&P 500 Tuesday afternoon, with shares advancing 8% following a New York Put up report that Makan Delrahim, an antitrust official through the first Trump Administration, was “in superior talks to hitch” the corporate.

Delrahim, who served as Assistant Lawyer Normal for the U.S. Division of Justice’s Antitrust Division throughout Trump’s first time period, subsequently turned a associate at regulation agency Latham & Watkins and suggested on the just lately accomplished merger of Paramount and Skydance, the report stated.

Shares of Paramount Skydance, which reportedly is weighing a possible bid for fellow leisure large Warner Bros. Discovery (WBD), have soared about 80% because the leisure companies accomplished their merger on Aug. 7.

Paramount Skydance didn’t instantly reply to an Investopedia request for remark.

Firefly Is Shedding Its Buzz After a Massive IPO

2 hr 14 min in the past

Firefly Aerospace (FLY) shares tumbled Tuesday, a day after the aerospace agency posted widening losses, as a mishap that grounded its Alpha rocket weighed on its outcomes.

The inventory was down practically 12% in latest buying and selling round $43. Monday’s quarterly report was the corporate’s first because it went public final month, with Tuesday’s drop dragging the inventory under its preliminary public providing value of $45 per share.

Firefly reported a second-quarter lack of $80.3 million, or $5.78 per share. That compares to a lack of $58.7 million or $4.60 per share a yr in the past.1

The Federal Aviation Administration had halted launches of Firefly’s Alpha rocket following a rupture throughout a late April flight that led the Alpha Flight 6 to fail to achieve orbit and fall into the ocean. Following an investigation, the FAA final month allowed the corporate to renew Alpha missions.

CEO Jason Kim stated in a name with analysts that Firefly has made modifications to Alpha to handle the difficulty, and “is now working to find out the subsequent obtainable launch window for Alpha Flight 7,” in line with a transcript offered by AlphaSense.

The corporate additionally stated it obtained a $10 million contract addendum from the Nationwide Aeronautics and Area Administration associated to Firefly’s Blue Ghost lunar mission. Blue Ghost was the primary business spacecraft to land on the moon, and the addendum could have the corporate present NASA with extra knowledge collected from that journey.

–Invoice McColl

Vitality-Associated Shares Amongst Prime Performers in S&P 500 At present

3 hr 12 min in the past

A number of energy-related shares have been among the many greatest risers within the S&P 500 round noon.

Oilfield-services agency Halliburton (HAL) shares have been up about 8%. Different high advancers included Sempra (SRE), Baker Hughes (BKR), and Diamondback Vitality (FANG).

Crude costs just lately have been up greater than 2%.

AutoZone Posts Weaker-Than-Anticipated This autumn Revenue

3 hr 46 min in the past

AutoZone (AZO) posted weaker-than-expected quarterly revenue as its spending elevated.

The auto elements retailer reported fourth-quarter fiscal 2025 web revenue that dropped 7.2% to $837.0 million, with diluted earnings per share of $48.71. Analysts surveyed by Seen Alpha have been searching for $867.5 million and $50.89, respectively. Income rose 0.6% to $6.24 billion, mainly consistent with forecasts. Identical-store gross sales grew 4.5%, barely increased than estimates.

Working, promoting, basic, and administrative bills have been up 3.0% to $2.02 billion as AutoZone added 141 shops and expanded its stock 14.1%.

CEO Phil Daniele stated that pattern will proceed, as AutoZone expects to “aggressively open shops within the new yr.” He added that by investing within the enterprise, the corporate anticipates ”that our disciplined strategy of accelerating earnings and money move will ship sturdy shareholder worth.”

AutoZone shares have been flat in morning buying and selling. Previous to at the moment’s session, they have been up 29% year-to-date.

–Invoice McColl

Nvidia Ranges to Watch After Chip Big’s $100B Deal With OpenAI

4 hr 57 min in the past

Nvidia (NVDA) shares misplaced floor in early buying and selling Tuesday after logging their largest one-day share acquire since July on information the AI favourite plans to take a position as much as $100 billion in OpenAI.

Below the deal, Nvidia will provide OpenAI with its next-generation Vera Rubin platform to assist the ChatGPT maker construct knowledge facilities and different AI infrastructure with a capability of not less than 10 gigawatts of energy. The businesses stated they anticipate finalizing the small print of the partnership within the coming weeks.

Nvidia shares have been down 2% at round $180 in latest buying and selling after surging practically 4% on Monday. By way of yesterday’s shut, the inventory had gained 37% to date in 2025, handily outpacing broader market returns over the interval. Traders have piled into the inventory as large tech hyperscalers and sovereign clients make investments closely within the firm’s merchandise as they ramp up their AI capability.

After setting their document excessive final month, Nvidia shares consolidated inside a symmetrical triangle earlier than breaking out from the sample in Monday’s buying and selling session.

The breakout signifies a continuation of the inventory’s prolonged transfer increased, with growing quantity in latest days signaling conviction from bigger market individuals.

It’s additionally price noting that the relative energy index has moved again into bullish territory, confirming strengthening value momentum.

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–Timothy Smith

Boeing Inventory Rises on Uzbekistan Airways Order That Trump Says Is Price $8B

5 hr 36 min in the past

Boeing (BA) has logged its biggest-ever single order with a sale of as much as 22 787 Dreamliners to Uzbekistan Airways, in a deal President Donald Trump stated is price greater than $8 billion.

The businesses stated Monday that Uzbekistan Airways would purchase 14 of Boeing’s 787-9 Dreamliner jets, with choices for eight extra, sending shares of the U.S. aircraft maker rising 2.2% in premarket buying and selling. The inventory entered 2025 up 20%, after stumbling final yr following a collection of security incidents and a crippling strike at its Washington vegetation.

“Earlier this month I spoke with the Extremely Revered President of Uzbekistan, Shavkat Mirziyoyev. At present I need to congratulate President Mirziyoyev on signing a GREAT Cope with Boeing!” President Trump stated in on his Fact Social platform. He added that the deal is “price over $8 Billion {Dollars}.”

The businesses stated the funding will assist “practically 35,000 U.S. jobs.”

Uzbekistan Airways stated the order would assist modernize its fleet and “develop its worldwide routes to the U.S. and different long-haul locations as demand for worldwide journey continues to rise.” The Dreamliner is a wide-body jet identified for being gasoline environment friendly.

–Nisha gopalan

IonQ Inventory Rises as Agency Claims ‘Vital Quantum Web Milestone’

6 hr 16 min in the past

Shares of IonQ (IONQ) superior 4% earlier than the bell after the quantum computing firm stated it achieved a “milestone” development.

The Faculty Park, Md.-based agency stated it “efficiently demonstrated the frequency conversion of photons from seen wavelengths used to interface with trapped barium ions, into telecom wavelengths on a prototype system. This crucial milestone paves the way in which for interconnecting quantum computer systems over huge distances utilizing the present current fiber optic infrastructure.”

IonQ shares entered the day up greater than 70% year-to-date.

OECD Says US GDP Development to Sluggish Subsequent Yr

6 hr 40 min in the past

The Organisation for Financial Co-operation and Improvement on Tuesday raised its development forecast for the U.S. economic system in 2025 on the again of investing across the AI increase, however famous that tariffs and decrease web immigration are taking a toll and would result in slowing development subsequent yr.

The OECD stated it expects the U.S.’s annual actual gross home product development price to return in at 1.8% in 2025, up from its 1.6% projection in June. That’s, nevertheless, properly under the two.8% GDP development registered in 2024. U.S. GDP is projected to rise by simply 1.5% subsequent yr.

“Robust AI-related funding boosted outcomes in the USA,” the Paris-based physique stated, but additionally famous that GDP development is falling from 2024 as “sturdy funding development in excessive know-how sectors is greater than offset by increased tariff charges and a drop in web immigration.”

The OECD stated that the general efficient tariff price within the U.S. rose to round 19.5% on the finish of August, the month when President Donald Trump’s “reciprocal” tariffs went into impact. That’s the highest price since 1933, it stated. The OECD additionally famous a softening in U.S. labor markets.

Learn the total article right here.

–Nisha gopalan

Inventory Futures Little Modified After Main Indexes Set Newest Document Highs

7 hr 45 min in the past

Futures tied to the Dow Jones Industrial Common have been up roughly 0.1%.

S&P 500 futures fell about 0.1%.

Nasdaq 100 futures slipped lower than 0.1%.