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Top Stock Movers – October 2, 2025

 

Fair Isaac stock illustrationU.S. stocks traded mostly flat Thursday afternoon as technology shares advanced while other sectors lagged, with investors weighing corporate news against the backdrop of a federal government shutdown.

Chipmakers Lead Gains

Intel (INTC) shares rose further after reports the company is in early talks to add rival Advanced Micro Devices (AMD) as a foundry client. AMD and other semiconductor names also pushed higher.

Fair Isaac Jumps, Rivals Fall

Fair Isaac (FICO) was the top performer in the S&P 500 after announcing plans to provide its FICO scores directly to firms that sell consolidated credit reports to mortgage lenders. Competitors Equifax (EFX) and TransUnion (TRU) slid on the news.

Corporate Movers

  • Starbucks (SBUX): Gained after unveiling plans to close hundreds of underperforming stores under CEO Brian Niccol’s restructuring strategy.

  • Occidental Petroleum (OXY): Dropped following Berkshire Hathaway’s (BRK.A, BRK.B) agreement to buy its chemicals division for $9.7 billion. Berkshire shares were little changed.

  • Edison International (EIX): Declined as the Trump administration canceled federal funding for California grid upgrades.

  • Lithium Americas (LAC): Fell after Canaccord Genuity downgraded the stock, saying enthusiasm over U.S. investment may be overstated.

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