Top Stock Movers – June 24, 2025
Stocks pushed higher around midday Tuesday as hopes for peace in the Middle East lifted investor sentiment and pushed crude oil prices down. The Nasdaq surged 1.4%, while the Dow Jones Industrial Average and S&P 500 each gained nearly 1%.Cruise Lines Rally:
Carnival Corporation (CCL) led gains in the travel sector after it topped Wall Street expectations for both revenue and profit, while also raising its full-year forecast. The company credited higher passenger volumes and lower operating costs. Norwegian Cruise Line Holdings (NCLH) and Royal Caribbean Group (RCL) also saw strong advances.
Uber Rolls Out Robotaxis:
Uber Technologies (UBER) jumped after announcing the start of autonomous ride services in Atlanta, using Waymo vehicles. The development marked another major step in the driverless car space.
Fintech Tie-Up:
Shares of Fiserv (FI) and Mastercard (MA) rose after the companies revealed a deeper partnership, focused on launching a new stablecoin product before year-end. The news reinforced optimism about growing adoption of blockchain-based payments.
Defense and Gold Retreat:
The prospect of a ceasefire between Israel and Iran dragged defense names like RTX (RTX), Lockheed Martin (LMT), and Northrop Grumman (NOC) into the red. Gold miners such as Newmont Corporation (NEM) also declined as investor demand for safe-haven assets waned, pulling gold prices lower.
Tesla Dips on Uber News:
Tesla (TSLA) fell after gaining the previous day on news of its own driverless launch in Austin, Texas. The Uber-Waymo move appeared to take some wind out of Tesla’s sails.
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