COST, AMD, RXRX, CIFR, SNOW: 5 Trending Stocks Today
On Wednesday, major U.S. indices closed with mixed results, as the Nasdaq gained 1.1% to 23,043.38 while the S&P 500 fell nearly 0.6% to 6,753.72.
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Wednesday's U.S. stock market performance was mixed, with the Nasdaq rising 1.1% and the S&P 500 declining 0.6%. AMD led the gains with an 11.37% surge to $235.56, driven by a major OpenAI partnership that could generate over $100 billion in revenue and strengthen its AI chip market position. Recursion Pharmaceuticals jumped 16.44% to $6.09 following strong second-quarter revenue despite no new developments.
Cipher Mining rose 11.75% to $17.60 after reporting 251 Bitcoin production in September. Snowflake climbed 6.56% to $250.21 as Goldman Sachs named it a top AI pick. Costco remained stable at $914.80 despite reporting impressive $26.58 billion September sales.
The trading day highlighted continued investor enthusiasm for technology and AI-related stocks.
Original Article
benzinga.comhttps://www.benzinga.com/markets/equities/25/10/48116262/costco-amd-recursion-pharmaceuticals-cipher-mining-and-snowflake-why-these-5-stocks-are-on-inves