Oct. 8 at 7:43 PM
Stocks climbed Wednesday as the S&P 500 and Nasdaq neared record highs, with Fed minutes signaling more rate cuts ahead. The U.S. government shutdown entered its eighth day.
Tesla gained 1.1% after unveiling two sub-
$40,000 models — a new Model Y priced at
$39,900 and a Model 3 starting at
$36,900. The cheaper Y version offers fewer paint options and 320 miles of range.
Oracle rose 2.2% after a report that it lost
$100 million last quarter renting out Nvidia Blackwell chips. Despite that, Nvidia shares advanced 1.9%.
Dell Technologies surged 8.5%, leading the S&P 500, after Mizuho raised its price target to
$170, citing strong enterprise and sovereign AI demand. Other firms, including Citi and JPMorgan, also boosted targets.
Fair Isaac fell after Equifax said it would cut prices for VantageScore 4.0 mortgage credit scores.
AST SpaceMobile jumped after striking a deal with Verizon to deliver satellite-based cellular broadband across the U.S.
$TSLA $ORCL $DELL $ASTS $FICO