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Wednesday's big stock stories: What’s likely to move the market in the next trading session – CNBC

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, May 8, 2024.

Brendan McDiarmid | Reuters

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Here’s what CNBC TV producers were watching during the rebound and what they’re keeping an eye on in the next session.

Weekly mortgage application

  • New data will be available at 7 a.m. ET Wednesday, and CNBC housing reporter Diana Orrick will bring you the numbers and immediate analysis.
  • last month, Hovnanian The stock price rose 16.7%.
  • Dr. Horton It increased by 14% in one month.
  • Renner It increased by 6.6% in one month.
  • Nepal It increased by 6.3% in one month.
  • Pulte Group It increased by 6.2% in one month.
  • KB Home It increased by 5.6% in one month.
  • Masco It increased by 4.9% in one month.
  • Toll Brothers It rose 4.8% in one month.
  • Taylor Morrison It fell 0.8% in one month.
  • Beazer It fell 9.5% in one month.

chipotle pepper

  • Kate Rogers reports on CNBC about what’s next for the company after its hugely popular CEO, Brian Niccol, announced he was swapping Mexican food for coffee and moving to Starbucks.
  • Chipotle Mexican Grill The stock is down 7.5% today.
  • The stock is up 40% in a year but is down 25% from its June peak.
  • Niccol joined Chipotle in March 2018. Since then, the company’s stock has risen more than 700%.
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How Chipotle shares have performed over the past three months.

A Big Day for Big Tech

  • of Nasdaq 100 It closed up 2.5% today, is up 8% from its July 10 high and is up 5% over the last week.
  • Starbucks The leader today is up 24.5%, but the rest of the top 10 are all big tech stocks, which have seen some declines in recent weeks.
  • Super Micro It rose 4.9% on Tuesday. The stock has risen 54% since its March peak.
  • NVIDIA It was up 6.5%. The stock is up 17.5% from its 52-week high.
  • KLA It rose 4.8%. The stock price has risen 11.4% since its July 11 high.
  • arm The stock is up 5.7% since its July 9 high.
  • Marvel Technology It rose 5.9%. The stock is up 25% from its March 7 high.
  • Broadcom The stock has risen 15.6% since its June 18 high.
  • Am It’s up 3.2% today. The stock is up 38% from its March 8th high.
  • Applied Materials It’s up 4% today. The stock is down 27% from its July 10th high.
  • micron It’s up 3% today. The stock is up 38% from its June 18th high.

Intel

  • Seema Modi of CNBC Television said: Intel On Wednesday, I’ll talk about the challenges it faces.
  • The stock rose 5.73% on Tuesday but is still trading 60% below its Dec. 27 high.
  • The stock fell 33% in August.
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Intel stock over the past month

Gambling in America

  • Contessa Brewer will be on CNBC television tomorrow reporting on how online gambling is growing rapidly in the country.
  • FanDuel’s Parent Company Flutter After Tuesday’s announcement, the company beat profit expectations and raised its guidance.
  • Flutter shares rose 10% in after-hours trading this evening.
  • However, the stock price is down 15% from its March high.
  • DraftKings It has fallen sharply since early spring, dropping 36% since March 27th.
  • Flutter is down 7.6% in a month, while DraftKings is down 17% in the same period.

Airlines

Tencent Report

  • The Chinese internet giant will report its quarterly results before the market opens on Wednesday.
  • The stock is up 7.8% last week and just 3.75% from its May 16th high.
  • Tencent shares have risen about 1% in the three months since its last announcement.

Cisco

  • The established tech giant will report after the close of business on Wednesday.
  • Cisco The stock is up 22% from its September high but is down nearly 7% since the announcement three months ago.
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Cisco stock over the past year

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