U.S. stocks closed higher, with the Dow Jones Industrial Average up 300 points (+0.7%), while the S&P 500 and Nasdaq Composite gained 0.5% and 0.8%.
π Winners
Arm Holdings +16% surged after unveiling its first in-house AI chip and strong revenue outlook
JetBlue Airways +13% jumped on reports itβs exploring merger options
Chewy +13% rallied on upbeat full-year sales forecast
EchoStar +7% boosted by news of a potential SpaceX IPO
Intel & Advanced Micro Devices ~+7% climbed on reports of chip price hikes
π Losers
LNG names like Cheniere Energy and Golar LNG ~-3% declined with energy sector
On Holding -5% (premarket) dropped on CEO/CFO departures