S. stocks rebounded sharply Thursday, erasing two sessions of losses as crude oil retreated from its geopolitical spike and Treasury yields eased back below 5%, one day after the Federal Reserve delivered its first interest rate hike since 2023.
56. 4% and a labor market at effectively full employment.
04% level hit earlier this week, which had marked a 19-year high. 30%.
69, unwinding the fear premium built up around the Fed decision and the Middle East supply scare. 1 estimate.
1%. 7%.
7%. 0%.
2% as semiconductor names extended a rebound from Monday’s AI-safety-driven selloff. 4% gain.
1%. 8%, respectively.
8%, both riding the same power-generation theme that dominated the tape. 6%.
The laggard was the SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP), which ended the morning essentially flat. 0%.
5%, a clean unwind of the Middle East risk premium. 37 billion expected.
5%. S.
9% gain. 4 billion across 2027 and 2028 and full warrant vesting at $8 billion of aggregate payments.
3% after announcing Wednesday it licensed its Vertical Power Delivery patent portfolio to an unnamed leading AI OEM on a non-exclusive basis, layering a royalty stream on top of product sales. The news follows a raised fiscal 2026 revenue outlook of more than $600 million and a 145% jump in backlog.
7% following a Morgan Stanley note that quantified the company’s reimbursement tailwind, with management pointing to roughly $80 million to $100 million of incremental revenue next year from xT pricing and $250 million to $300 million annually from xF approval and pricing. 5%, respectively, with no company-specific news in the tape.
Both appear to be trading in sympathy with the broader data-center power complex after the House passed the Ratepayer Protection Act 417-3 on Wednesday, shifting generation and transmission costs onto large data centers. X-Energy’s most recent release, a Sept.
15 UK partnership with Centrica, was met with a nearly 4% decline that day. 2%.
9% after CFO Thomas Szlosek flagged third-quarter headwinds at the same Morgan Stanley conference, citing softer service growth, model-year changeover pressure, affordability and lower EV penetration following the expiration of federal incentives. 6%.
9%, extending losses after a Sept. 15 Wells Fargo note lowered confidence that the company can renegotiate its AI content-licensing agreement with Google on favorable terms.
Third-party data cited in recent sell-side work showed Google search traffic to Reddit down roughly 10% year-over-year so far in September, after a 7% decline in August. 8% consistent with the broader unwind in aerospace and defense as the Middle East risk premium deflated.
1% to lead S&P 100 decliners, weighing on the communications sector alongside Salesforce and Verizon. 52% Thursday’s Russell 1000 Top Losers Name% changeMasTec, Inc.
58%ATI Inc.
