Top Stock Movers – October 6, 2025
U.S. stocks opened the week on a mixed note Monday, as surging technology shares lifted the S&P 500 and Nasdaq Composite, while weakness in Verizon dragged on the Dow Jones Industrial Average.AMD (AMD) led the charge in tech after announcing a strategic partnership with OpenAI, the artificial intelligence powerhouse behind ChatGPT. The agreement, which could see OpenAI acquire up to a 10% stake in the chipmaker, sent AMD shares soaring nearly 30%, pushing them close to record highs.
Meanwhile, Verizon Communications (VZ) fell sharply after the company named Dan Schulman, the former PayPal chief executive, as its next CEO. The telecom giant’s stock was the worst performer on the Dow and one of the biggest laggards in the S&P 500.
Elsewhere in the market, International Paper (IP) and Smurfit Westrock (SW) slipped following warnings from U.K.-based packaging rival Mondi, which said difficult market conditions could pressure profits through the end of the year.
Tesla (TSLA) gained as investors looked ahead to a company event scheduled for Tuesday. Analysts speculated that the electric vehicle maker may unveil a new, lower-cost model aimed at expanding its customer base.
Shares of Critical Metals (CRML) jumped after reports suggested the Trump administration is exploring a potential investment in the rare-earth mining firm. Bank stocks were also active, with Comerica (CMA) climbing on news it will be acquired by Fifth Third Bancorp (FITB) in an all-stock deal valued at $10.9 billion.
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