Investors embraced a risk-on mood Monday, showing optimism that Iran might seek a diplomatic solution to the crisis despite continued hostilities with Israel.
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 5.1% in the morning session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
Shares of energy drink company Celsius (NASDAQ:CELH)
jumped 6% in the afternoon session after TD Cowen upgraded the stock from Hold to Buy, adding that the "growth story is heating back up." The firm expects shares to trade higher amid improved confidence in the brand following the integration of the Alani Nu acquisition and wider distribution.
Analysts said the Helios rack will play a key role in driving growth for AMD’s Instinct GPUs, which power AI and high-performance computing workloads, and could accelerate the company’s broader recovery.
Shares of computer processor maker AMD (NASDAQ:AMD)
jumped 9.4% in the afternoon session after Piper Sandler analysts maintained a Buy rating and raised the price target from $125 to $140. Following talks with management, the analysts became more bullish on AMD's AI business and expect the segment to grow even faster when the tariff headwinds in China have passed. They also highlighted the growing conviction on Wall Street regarding one of AMD's hyperscaler clients.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Monday following a positive update from Piper Sandler. There are also unconfirmed rumors that the company scored a "GPU win" with Amazon Web Services.
