Better Home & Finance Holding
The mortgage lender experienced a remarkable surge, soaring as much as 176% on Monday. This spike followed a social media post by hedge fund manager Eric Jackson on X, who referred to Better Home as “the Shopify of mortgages.” Jackson highlighted the company’s innovative approach to rebuilding a $15 trillion industry from the ground up using artificial intelligence.
Oracle
Oracle’s stock rose nearly 5% after the company announced the appointment of Clay Magouyrk and Mike Sicilia as co-CEOs. They will replace Safra Catz, who is transitioning to a new role as executive vice chair.
Molson Coors
The brewer’s stock fell by 2% following the announcement of Rahul Goyal as the new CEO, taking over from Gavin Hattersley, who is set to retire this year.
Apple
Apple’s stock jumped around 4% due to reports of strong demand for the iPhone 17 during its first weekend of sales. The company is reportedly benefiting from consumers eager to replace their aging devices.
Nvidia
Nvidia’s stock rose more than 3% after the company revealed plans to invest $100 billion in OpenAI, signaling its commitment to advancing artificial intelligence technologies.
Teradyne
Teradyne’s stock surged by 10% after Susquehanna raised its price target from $133 to $200. Analyst Mehdi Hosseini noted that Teradyne is gaining traction with its collaboration with Taiwan Semiconductor for GPU wafer sort testing, which is not yet reflected in the stock’s price.
Coinbase and Strategy
With Bitcoin prices down more than 2%, shares of companies tied to the cryptocurrency also fell. Coinbase saw a decline of 3%, while Bitcoin treasury company Strategy dropped over 2%.
Steve Madden
The shoemaker’s stock rose by 5% following an upgrade from Piper Sandler, which moved its rating from neutral to overweight. The firm cited tariff relief, fast inventory turnover, and potential margin upside as reasons for the upgrade.
Metsera and Pfizer
Metsera, a weight-loss drugmaker, soared more than 60% after announcing its acquisition by Pfizer for $4.9 billion in cash. The deal is expected to close in the fourth quarter, while Pfizer shares ticked up nearly 2%.
Anywhere Real Estate and Compass
Brokerage giant Compass is set to acquire rival Anywhere Real Estate, the parent company of Century 21 and Coldwell Banker, for $1.6 billion in an all-stock transaction. The combined entity is projected to have an enterprise value of about $10 billion, including debt assumptions. Following the announcement, Anywhere shares surged over 50%, while Compass shares fell more than 11%.
Sarepta Therapeutics
Sarepta Therapeutics climbed nearly 11% after receiving an upgrade to outperform by BMO, which predicted that the stock could more than double. The investment bank stated, “SRPT’s current valuation renders its risk/reward skewed to the upside.”
Kenvue
Kenvue, the maker of Tylenol, saw its shares drop by 7% after a report from the Washington Post indicated that the Trump administration plans to announce a link between the use of the painkiller by pregnant women and autism.
Fox Corp
In a Sunday interview, President Donald Trump mentioned that conservative media mogul Rupert Murdoch and his son Lachlan, the CEO of Fox Corp, are likely to be involved in a deal to save TikTok in the U.S. As a result, Fox Corp shares gained about 1%.
Applied Materials
Shares of Applied Materials gained more than 3% after a Morgan Stanley upgrade from equal weight to overweight. The investment bank highlighted that the chipmaker trades at an attractive valuation compared to its peers.
— CNBC’s Yun Li, Alex Harring, Fred Imbert, and Michelle Fox contributed reporting.
