CMB Stock News Of The Day 📰🗞️🗞️📈📉

“S&P 500 Closes at a New All-Time High — Even as AI Stocks Slide” 🚨🚨🚨

The S&P 500 notched yet another milestone on Wednesday, closing at a new all-time high—its 37th record close of 2025—despite a sharp pullback in AI-related stocks. The Russell 2000 also ended at a record high, signaling strength across both large-cap and small-cap equities.

But underneath the headline gains, market leadership shifted dramatically. Technology was the worst-performing sector, dragged down by disappointing revenue results from Oracle (ORCL -10.84%), which triggered a broad sell-off across the AI complex and pressured the Nasdaq 100.

🏆 Stocks That Moved Higher

Health insurers surged after Senate Republicans’ proposal to replace ACA subsidies with HSAs failed, easing regulatory fears across the sector. Notable gainers included:

• Ciena (CIEN +9.22%)

• Elevance Health (ELV +5.65%)

• UnitedHealth (UNH +2.57%)

• Molina Healthcare (MOH +3.92%)

• Oscar Health (OSCR +1.83%)

• Centene (CNC +4.65%)

Other major movers:

• Planet Labs (PL +34.93%) hit a record high after delivering strong quarterly results and raising revenue guidance.

• PetMed Express (PETS +68.36%) soared following a $4-per-share acquisition offer from SilverCape Investment.

• Eli Lilly (LLY +1.56%) rallied after promising late-stage data from its new obesity drug.

• Disney (DIS +2.43%) climbed after announcing its $1 billion investment in OpenAI, securing character licensing for Sora.

📉 Stocks That Moved Lower

The AI trade endured its roughest session in weeks:

• Oracle (ORCL -10.84%) sank on soft revenue, sparking sell-offs across AI chipmakers, cloud infrastructure, and server manufacturers.

• Nvidia (NVDA -1.55%), Broadcom (AVGO -1.45%), CoreWeave (CRWV -0.92%), Vertiv (VRT -1.75%), GE Vernova (GEV -2.62%), Super Micro (SMCI -2.52%), HPE (-2.85%), and Dell (-1.44%) all fell.

Additional laggards included:

• Rivian (RIVN -6.20%), which tumbled during its “Autonomy and AI Day.”

• Alphabet (GOOGL -2.41%), pressured by negative headlines and comments from OpenAI’s Sam Altman regarding Gemini 3.

• Frontier (-0.43%) and JetBlue (-2.88%), reacting to a new Spirit pilot contract.

• Stellantis (STLA -2.64%), after a downgrade to “underperform” at BNP Paribas.

• Robinhood (HOOD -9.04%), following a slowdown in November trading volumes.

📊 Big Picture

Even as AI stocks faltered, the broader market powered higher, signaling robust investor confidence and sector rotation into healthcare, industrials, and small caps. Profit-taking in AI didn’t stop the bull market—if anything, it broadened it.