S&P 500 Gains & Losses Today: Amazon Stock Jumps After OpenAI Deal; Kimberly-Clark Acquires Kenvue
Update: 2025-11-03
Description
On November 3rd, Amazon's stock surged by 5% following a partnership with OpenAI, which bought over $38 billion worth of cloud capacity from Amazon Web Services. Meanwhile, Kimberly-Clark's stock plummeted by 14% after announcing a $49 billion deal to acquire Kenvue, the company behind Tylenol, Band-Aid, and Listerine. IDEXX Laboratories also made headlines with a 15% surge due to strong third-quarter sales and profits. Despite these significant moves, the broader market remained uncertain, with the S&P 500 index barely inching up and the Dow falling by half a percent. As earnings announcements and market shifts loom, investors are eager to see if these trends indicate a larger market movement or just a temporary flurry.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
