Biggest S&P 500 Movers on Monday

Advancers

• Shares of solar technology firm Enphase Energy (ENPH) jumped 5.1%, securing the top daily performance in the S&P 500. Monday's gains extended a rally for the stock that began on Friday following reports of possible roadblocks in the Senate for the "One Big, Beautiful Bill," which includes proposals to eliminate solar tax credits that benefit Enphase and other manufacturers. Despite their recovery over the past two trading days, Enphase shares are still down more than 35% year-to-date.
• Regeneron Pharmaceutical (REGN) shares advanced 4.9% after a positive clinical trial readout for Dupixent, a skin treatment developed by the biotech firm in collaboration with Sanofi (SNY). A Phase 4 study showed that Dupixent improved disease severity and symptoms for adults and adolescents with moderate-to-severe atopic dermatitis (AD).
• Semiconductor stocks moved higher, boosted by optimism that progress on trade talks between the U.S. and China 澳洲幸运5开奖号码历史查询:could result in sꦫofter export restrict💎ions. Advanced Micro Devices (AMD) shares gained 4.8% after Citi analysts lifted their price target on the stock ahead of the company's artificial intelligence (AI) showcase scheduled for later this week. Shares of ON Semiconductor (ON) closed 4.4% higher, adding to strong gains posted last week as the chipmaker's CEO highlighted a 澳洲幸运5开奖号码历史查询:recovery in automotive and in🐻dustrial demand.

Decliners

• Edison International (EIX) shares plunged 8.1%, losing the most of any S&P 500 constituent on Monday, after Wolfe Research downgraded the California-based power generator's stock to "peer perform" from "outperform." Analysts cited legal proceedings related to this year's devastating wildfires in Southern California and legislation that could expose utilities in the state to increased wildfire liability costs. Shares of fellow Golden State electricity provider PG&E (PCG) sank 6.8%.
• The chief financial officer of hospital operator Universal Health Services (UHS) told an industry conference that the company has seen a 澳洲幸运5开奖号码历史查询:slowdown in the volume of care people are seeking. According to the executive, demand for voluntary procedures surged in the wake of the pandemic as patients caught up on care they may have delayed, but has cooled off since then and remains below historical averages. UHS shares were down 6.1%.
• Deutsche Bank downgraded Intuitive Surgical (ISRG) stock to "sell" from "hold" on Monday, and shares of the medical device maker slid 5.6%. While analysts highlighted the widespread adoption of the company's da Vinci robotic surgery system, Deutsche Bank cited risk to Intuitive's business from third-party companies repairing the manufacturer's older surgical instruments and returning them to service, cutting into sales of newer equipment.

-澳洲幸运5开奖号码历史查询:Michael Bromberg

Microsoft Levels to Watch as Stock Rises for 8th Straight Day

Microsoft (MSFT) shares extended their winning streak to eight consecutive days on Monday amid investor optimism about the 澳洲幸运5开奖号码历史查询:tech giant's prospects  during the AI boom.

Last week, Bernstein pointed out that Microsoft’s partnership with ChatGPT  maker OpenAI can significantly drive revenue upside for its cloud platform Azure, while Wedbush analysts recently told clients that the company holds a dominant position on the AI front. The Windows maker expects current quarter revenue 🎃growth 🅠of around 21% in its Intelligent Cloud segment, with CEO ꦆSatya Nadella saying the company continues to innovate across its AI and cloud stack.

Microsoft stock rose 0.5% to close Monday at $472.75. Shares of Microsoft, the world's most valuable company by 澳洲幸运5开奖号码历史查询:market capitalization, have risen 37% from their early-April low and are up 12% so far in 2025, far outpacing 𝓀the S&P 500's performance over those periods.

After gapping above key moving averages last month, Microsoft shares trended higher before consolidating just below last year’s prominent July 澳洲幸运5开奖号码历史查询:swing high.

More recently, the stock broke out above this area to all-time highs, potentially setting the stage for further gains. In another win for Microsoft bulls, the 澳洲幸运5开奖号码历史查询:50-day moving average (MA) looks set to cross above the 200-day MA this week to form a 澳洲幸运5开奖号码历史查询:golden cross—a bullish signal that indicates higher prices.

Bars pattern analysis forecasts a price target of around $500 and projects that the current move higher could last until later this month. Investors should also watch crucial support levels on Microsoft's chart around $465, $448 and $430.

Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Market Expectation for Fed Rate Cuts Fading

These days, waiting for the Federal Reserve to lower its benchmark interest rate is a bit like waiting for Godot: the arrival date for the long-anticipated monetary policy move keeps getting pushed into the future.

Financial markets scaled back their expectations for rate cuts again last week after a report on job growth showed the labor market staying 澳洲幸运5开奖号码历史查询:unexpectedly healthy in May. The labor market's resilience takes some pressure off the Federal Reserve to cut interest rates to boost the economy a♍nd prevent a severe increase in unemployme𝓀nt.

On Monday, investors seemed sure that the jobs report indicated the central bank would not cut the 澳洲幸运5开奖号码历史查询:federal funds rate soon, according to the CME Group's FedWatch tool, which forecasts rate movements based on fed funds futures trading data. Investors were pricing in an 83% chance💝 the Fed's policy committee would hold its rates steady in the June and July meetings. That's up from 76% a week ago and 40% a month ago.

Fed officials themselves have 澳洲幸运5开奖号码历史查询:indicated they're in no hurry to chop interest rates, which would put downward pressure on interest rates on all kinds of loans. In contrast, President Donald Trump has repeatedly demanded the Fed cut rates: he's asked officials to lower rates by an 澳洲幸运5开奖号码历史查询:entire percentage point, rather than their usual quarter-point increments, and criticized the central bank for not cutting rates sooner.

The outlook for interest rates has changed dramatically since late 2024 when F🅷ed officials went on a rate-cutting spree, lowering the key fed funds rate a percentage point over three meetings.

In January, the Fed declined to cut rates again, leaving them high enough to be deemed "restrictive. " This means borrowing costs are high enough to drag on the economy and downwardly affect inflation. Fed officials have held off on more rate cuts out of fear that the tariffs Trump has imposed this year could push up prices and set off a fresh round of inflation.

Since then, expectations for when rate cuts could resume have been on a roller coaster ride as financial markets and forecasters try to predict the outcome of the trade war: if tariffs drag down the job market enough to threaten a wave of mass layoffs, the Fed could step in and cut rates to help the economy. But if inflation remains above the Fed's target of a 2% annual rate, the Fed could keep rates higher for longer to force it down.

Some economists predict the Fed will be forced to cut sooner rather than later. Economists at Pantheon Macroeconomics, for instance, downplayed the significance of the healthy job growth figures in May, noting that recent jobs reports have been heavily revised downward. The Bureau of Labor Statistics regularly revises its monthly jobs reports as new survey data comes in. The May jobs report down🐈wardly revised job growth for the 🍷previous two months by 95,000, for instance.

"Mr. Trump’s criticism of the Fed’s current stasis will likely be proven right," economists led by Samuel Tombs, chief U.S. economist at Pantheon, wrote in a commentary. Pantheon expects the Fed to make three quarter-point cuts before the end of the year as the job market unravels.

At the other end of the spectrum are forecasters at Deutsche Bank, who expect the Fed to hold off on rate cuts until December and make just one cut in 2025. DB's economists, using a proprietary AI tool, said speeches by Fed officials have become more "hawkish" lately, suggesting policymakers are more concerned with fighting inflation than they are with saving jobs.

-澳洲幸运5开奖号码历史查询:Diccon Hyatt

Apple Delays Some Highly Anticipated AI Updates

Apple (AAPL) on Monday announced a number of design and AI-related improvements with its iOS 26 coming this fall. However, those looking for some of Apple's highly anticipated updates, including AI-enhanced Siri feature🥂s, are going to ha🌸ve to wait.

Apple Senior Vice President of Software Engineering Craig Federighi said during the tech giant's Worldwide Developers Conference Monday that the Siri features “need more time to reach our high quality bar” and that more information will be released “in the coming year.” Apple has previously suggested the release of its more personalized Siri, potentially capable of performing tasks within other apps, may not come until at least 2026, which Morgan Stanley warned could 澳洲幸运5开奖号码历史查询:hurt iPhone sales. 

For now, Apple unveiled a software development kit called Foundation Models Framework that will allow developers to build apps using the AI large language models within Ap🔥ple Intelligence. “We think this will ignite a whole new wave of intelligent experiences in the apps you use every day,” Federighi said. 

The company also showcased its iOS 26, the latest software update for iPhones, Macs, and other devices coming this fall (and a naming shift away from what would have been iOS 19). It includes AI-powered live translation features with an expanded slate of languages, new Genmoji capabilities including integration with ChatGPT, and Apple's first major aesthetic redesign in years, referred to as “liquid glass.”

Other announcements included a new Games app, a revamped CarPlay interface, and a streamlined Photos app that brings back separate tabs for users' camera roll and albums.

Still, the lack of new AI Siri features is glaring as Apple faces growing pressure to prove it can compete with other tech leaders with artificial intelligence. Last month, ChatGPT maker OpenAI took what could be seen as a step toward competing with Apple in offering AI devices with plans to 澳洲幸运5开奖号码历史查询:acquire io, an AI startup launched by former Apple design head Jony I🌸ve.

Sꦺhares of Apple turned slightly lower shortly after WWDC began. The stock closed the sesꦰsion down 1.2% and has lost about a fifth of its value so far in 2025.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Online Trading Platform eToro Hits Record High

Shares of eToro Group Ltd. (ETOR) surged Monday after s🍸everal analysts initiated coverage of the online trading platform with positive comments.

Jefferies gave the stock a "Buy" rating, with a 12-month price target of $80. The analysts wrote that the company is "well-positioned to benefit from the growing adoption of retail investing globally." They noted that eToro's strength in the 澳洲幸运5开奖号码历史查询:European Union (EU) and U.K. markets, along with its "differentiated product offering and distinguished brand," put💜 it in a unique position to boost its account base.

UBS began its coverage with a "Neutral" rating and $70 price target. The bank's note to investors, entitled "Grabbing Global Retail Investors by the Horns," contained a similar phrase, "well positioned to benefit from increasing retail participation in financial markets, which has been accelerating in the last few years." Still, it noted that since eToro is a newly public company—it 澳洲幸运5开奖号码历史查询:began trading last month—it "still has to demonstrate that it 🦹can execute on product and market expansion, while near-term re🐠sults could be volatile."

Citi also gave a "Neutral" rating, putting the price target at $72. However, the analysts there also added that it was "high risk," explaining that while they "remain constructive on the health/resiliency of the retail segment and bullish on the outlook for European retail specifically," they see "some challenges as well."

Shares of eToro🧸 Group were up 9% at about $75 in recent tradin🅘g after earlier hitting a record-high $76.75. 

-澳洲幸运5开奖号码历史查询:Bill McColl

Tesla Gets a Couple of Downgrades After Trump-Musk Spat

Tesla (TSLA) stock received a pair of downgrades to kick off the week after a 澳洲幸运5开奖号码历史查询:public spat betwe﷽en CEO Elon Musk and President Trump erupted last week.

Analysts from Argus Research and Baird each cut their view on the electric vehicle maker, with Argus analyst Bill Selesky citing concerns that the EV maker's stock is "currently trading on non-fundamental events," like Musk's relationship with the Trump administration.

Baird analysts echoed the comments, saying the CEO's proximity to Trump was once seen as a positive after the election, but now "adds uncertainty and fuels questions regarding brand damage."

Both Argus and Baird analysts said that Tesla is still a favorite stock for the long term, but downgraded their ratings to "hold" for the time being. Aside from Argus and Baird, 10 of the analysts tracked by Visible Alpha call Tesla's stock a "buy," while four rate it a "hold," and four give it a "sell." Their average price target is about $304. Shares were recently up about 1% at around $298, after falling more than 4% in early trading Monday.

Tesla is expected to 澳洲幸运5开奖号码历史查询:launch its robotaxi service in Austin, Texas, as soon as this week, which some bullish analysts have suggested could drive gains for the company's stock—along with a more affordable model that 澳洲幸运5开奖号码历史查询:Musk has indicated remains on track to be revealed thisꦓ month.

The Baird analysts said they expect about 6,000 robotaxis could be on the road by late next year, well below Musk's projected "澳洲幸运5开奖号码历史查询:hundreds of thousands," anticipat🌳ing the b✱usiness could be "harder (and likely less profitable) than the lofty expectations held by several investors."

Tesla s꧃hares have lost about a quarter of their value since the start of 2025.

-澳洲幸运5开奖号码历史查询:Aaron McDade

Robinhood, AppLovin Slide as Stocks Not Included in S&P 500

Shares of Robinhood Markets (HOOD) and AppLovin (APP) tumbled Monday as neither was added to the 澳洲幸运5开奖号码历史查询:S&P 500 as some had anticipated.

S&P Global, which produces the in𝓡dex, made no changes to the prestigious index in its June rebalancing. 

Bloomberg said that analysts, including those at Bank of America and Barclays, had speculated that Robinhood would be added, sending the online trading platform's shares soaring to an all-time high Friday.

Some intrigue was involved in the AppLovin story. CNBC reported in March that 澳洲幸运5开奖号码历史查询:short seller Fuzzy Panda Research urged S&P Global to keep the mobile marketing platform out of the index. The network cited a letter from Fuzzy Panda calling AppLovin a "nexus of a house of cards," and claimed it violated the app store policies of Alphabet's (GOOGL) Google and Apple (AAPL).

Inclusion in the S&P 500 can be advantageous to stocks, because it exposes them to a wider group of investors who could become aware of those companies through an index. In addition, they can be put into various 澳洲幸运5开奖号码历史查询:index funds that track S&P 500 stocks.

🌠AppLovin and Robinhood were down 4% and 5%, ✱respectively, in early-afternoon trading. 

-澳洲幸运5开奖号码历史查询:Bill McColl

Archer Aviation, Joby Soar After Trump Executive Order

President Donald Trump ꦑsigned an executive order Friday aimed at “Unleashing American Drone Dominance,” and shares of unmanned aircraft manufactures are flying higher Monday.

Shares of Archer Aviation (ACHR) and Joby Aviation (JOBY) each jumped more than 10%, both extending gains from Friday. Space launch services firm 澳洲幸运5开奖号码历史查询:Rocket Lab (RKLB) was up about 9%. 

The executive order establishes a pilot program to hasten the adoption of electric vertical takeoff and landing (eVTOL) technology, which 澳洲幸运5开奖号码历史查询:companies such as Joby and Archer are utilizing for commercial ꦰair taxis and military aircraft, respectively. The policy is meant is to combat "unfair foreign competition [that] has posed a national꧑ security risk," according to a White House fact sheet.

The ওorder also allows for increased testing of “beyond visual line of sight” drone operations, meaning unmanned airc🗹raft could be flown beyond a range where supervisors can directly see them. 

The development of air taxi technology has given rise to a new term: the low-altitude economy. Last week, Morgan Stanley estimated that the LAE could eventually “澳洲幸运5开奖号码历史查询:vastly exceed the size of today's automotive market” and named Tesla (TSLA) as a potential company to watch in the sector. Tesla hasn’t announced aꦡny intenti꧂on to develop eVTOLs, but CEO Elon Musk has discussed the need for a homegrown low-altitude economy in the U.S.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Applied Digital Surged 103% Last Week—Watch These Levels

Applied Digital (APLD) shares are likely to remain on investors’ radar screens after soaring last week following news of 澳洲幸运5开奖号码历史查询:a deal to lease data center space to AI darling CoreWeave (CRWV).

The company said it expects the deal, which will see it host CoreWeave AI infrastructure at its Ellendale, N.D., campus, to generate $7 billion in total revenue over a 15-year period and accelerate its strategic expansion into advanced compute infrastructure. Both Applied Digital and CoreWeave are 澳洲幸运5开奖号码历史查询:backed by AI chip giant Nvidia (NVDA).

Applied Digital shares, which gained 103% last week, have more than tripled over the past 12 months, boosted by expectations that the company sits well placed to capitaliz𓆉e on booming demand for AI infrastructure. The stock was down 0.3% in recent trading Monday, at around $13.80.

Applied Digital shares have formed a 澳洲幸运5开奖号码历史查询:cup and handle on the chart, with the price staging a decisive breakout above the pattern’s top trendline last🦋 week, potentially signaling the start of a new longer-term move h✅igher.

It’s worth pointing out that the rally has occurred on significant 澳洲幸运5开奖号码历史查询:trading volume, indicating strong buying conviction from larger market participants. Moreover, the 澳洲幸运5开奖号码历史查询:relative strength index confirms bullish price momentum with a reading just below the indicator's 澳洲幸运5开奖号码历史查询:overbought threshold.

Investors should watch important overhead areas on Applied Digital's chart around $17, $28 and $46.70, while also monitoring a major support level near $10.50.

Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Warner Bros. Discovery Stock Soars on Plan to Split

Warner Bros. Discovery (WBD) is splitting into two separate com🌞panies, the media conglomerate announced on Monday, sending its shares sharply higher.

The company will split into two separate public companies by the middle of next year. One company, Streaming & Studios, will include the Warner Bros. movie and TV studios along with the recently rebranded HBO Max streaming service, while Global Networks will be made up of WBD's cable channels like TNT, CNN, and the Discovery+ streaming service.

Warner Bro൲s. Discovery shares were up more than 7% in recent trading, pacing S&P 500 gainers this morning.

The split is expected to be completed by the༺ middle of🧔 next year, the company said in a statement.

WBD CEO David Zaslav, who recently had a nearly $52 million pay package 澳洲幸运5开奖号码历史查询:rejected by shareholders, will serve as CEO of the Streaming &a🌱mp; Studios segment, while CFO Gunnar Wiedenfels will take on the CEO✨ role at Global Networks.

In December, the company announced that it would 澳洲幸运5开奖号码历史查询:internally restructure its operations into a TV- focused and a movie- and streaming-focused segment, and said it was open to splitting up the company in the long term. A 澳洲幸运5开奖号码历史查询:report last month that the split was likely going to be annoꦑunced🏅 soon sent WBD shares up sharply.

-澳洲幸运5开奖号码历史查询:Aaron McDade

Major Indexes Enter the Week in Positive Territory for 2025

Afꦯter two consecutive weeks of gains, the three major U.S. stock indexes are back in the green for 2025.

Through Friday's close, the S&P 500 was up up 2% since the start of the year, while the Nasdaq Composite had gained 1.1% and the Dow Jones Industrial Average had risen 0.5% over the period.

The S&P 500 entered the day just 2.4% away from the record closing high it set on Feb. 19. The Nasdaq was 3.3% below its Dec. 16 record high, while the Dow was 5.3% away from its Dec. 4 closing high.

S&P 500 Levels to Watch as Index Back Above 6,000

The S&P 500 (SPX) surpassed the 6,000♒-point mark on Friday for the f🦋irst time since February, extending a rally for stocks that's been fueled by optimism about strong corporate earnings and 澳洲幸运5开奖号码历史查询:economic data, as investors await further development𝓀s on the trade f🔯ront.

After climbing above a descending 澳洲幸运5开奖号码历史查询:broadening formation, the S&P 500 trended sharply higher before consolidating within a pennant. The index broke out from the pattern last week, indicating a 澳洲幸运5开奖号码历史查询:continuation of its recent move higher. Meanwhile, the 澳洲幸运5开奖号码历史查询:relative strength index confirms bullish momentum, but remains below its 澳洲幸运5开奖号码历史查询:overbought th💯reshold, providing ample room for further upside.

Investors should track key overhead areas on the S&P 500's chart around 6,100 and 6,575, while also watching major support levels near 5,770 and 5,650.

The S&P 500 closed ൩right at 6,000 on Friday, and futures are pointing to a slightly higher open for the benchmark index on Monday.

Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Major Index Futures Rise Slightly

Futures tied to the Dow Jones Industrial Averag💮e were up 0.1💜%.

S&P 500 futures rose 0.2%.

Nasdaq 100 futures tacked on 0.1%.